Does the Smart Money Effect Exist? Evidence in Alternative Investment Funds.
碩士 === 國立中興大學 === 財務金融系所 === 100 === The stock-picking ability of mutual funds has been a source of debate for decades. Previous empirical studies show that when the equity mutual funds have positive Jensen’s alpha, it implies that smart money effect exists. However, the equity mutual funds ar...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2012
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| Online Access: | http://ndltd.ncl.edu.tw/handle/ps3ahm |