Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003
Mutual Funds are managed by investment manager which posses much more knowledge and information than usual investor, so that more profit can be obtained from the market. This research is conducted towards mutual funds share, fixed income and mixed in Indonesia for period January 2000 until December...
Saved in:
Main Author: | |
---|---|
Format: | Article NonPeerReviewed |
Published: |
[Yogyakarta] : Universitas Gadjah Mada
2005
|
Subjects: | |
Online Access: | https://repository.ugm.ac.id/24485/ http://i-lib.ugm.ac.id/jurnal/download.php?dataId=7460 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Universitas Gadjah Mada |
id |
id-ugm-repo.24485 |
---|---|
record_format |
dspace |
spelling |
id-ugm-repo.244852014-06-18T00:26:24Z https://repository.ugm.ac.id/24485/ Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003 Perpustakaan UGM, i-lib Jurnal i-lib UGM Mutual Funds are managed by investment manager which posses much more knowledge and information than usual investor, so that more profit can be obtained from the market. This research is conducted towards mutual funds share, fixed income and mixed in Indonesia for period January 2000 until December 2003. From this research, it can be reported that not every mutual funds provide positive abnormal return. In fixed income mutual funds, inferiority performance is found and explained by the value of alpha Jensen is negative and significant. Persistence test is done to find out whether there is relation between mutual funds performance in the previous time and in the future, with positive significant result. It means, the previous outperform (undeperform) performance will tend to stay outperform (underperform) in the future. Keywords: mutual funds, abnormal return, persistence. [Yogyakarta] : Universitas Gadjah Mada 2005 Article NonPeerReviewed Perpustakaan UGM, i-lib (2005) Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003. Jurnal i-lib UGM. http://i-lib.ugm.ac.id/jurnal/download.php?dataId=7460 |
institution |
Universitas Gadjah Mada |
building |
UGM Library |
country |
Indonesia |
collection |
Repository Civitas UGM |
topic |
Jurnal i-lib UGM |
spellingShingle |
Jurnal i-lib UGM Perpustakaan UGM, i-lib Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003 |
description |
Mutual Funds are managed by investment manager which posses much more knowledge and information than usual investor, so that more profit can be obtained from the market. This research is conducted towards mutual funds share, fixed income and mixed in Indonesia for period January 2000 until December 2003. From this research, it can be reported that not every mutual funds provide positive abnormal return. In fixed income mutual funds, inferiority performance is found and explained by the value of alpha Jensen is negative and significant.
Persistence test is done to find out whether there is relation between mutual funds performance in the previous time and in the future, with positive significant result. It means, the previous outperform (undeperform) performance will tend to stay outperform (underperform) in the future.
Keywords: mutual funds, abnormal return, persistence. |
format |
Article NonPeerReviewed |
author |
Perpustakaan UGM, i-lib |
author_facet |
Perpustakaan UGM, i-lib |
author_sort |
Perpustakaan UGM, i-lib |
title |
Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003 |
title_short |
Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003 |
title_full |
Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003 |
title_fullStr |
Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003 |
title_full_unstemmed |
Analisis Persistensi Kinerja Reksa Dana di Indonesia Periode 2000-2003 = Persistence Analysis of Performance on Mutuarrunds in Indonesia Period 2000-2003 |
title_sort |
analisis persistensi kinerja reksa dana di indonesia periode 2000-2003 = persistence analysis of performance on mutuarrunds in indonesia period 2000-2003 |
publisher |
[Yogyakarta] : Universitas Gadjah Mada |
publishDate |
2005 |
url |
https://repository.ugm.ac.id/24485/ http://i-lib.ugm.ac.id/jurnal/download.php?dataId=7460 |
_version_ |
1681218405616582656 |