Investment performance analysis of managerial expertise: evidence from Malaysian-based international equity unit trust funds
This paper evaluates the investment performance of Malaysian-based international equity funds. The results on the overall fund performance using Jensen's (1968) model indicate that, on average, international funds have significant negative risk-adjusted returns over the study period from 2008-2...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia,
2013.
|
| Online Access: | Get fulltext |