Defying the odds: Macro-level analysis of aggregate mutual fund flows and stock market volatility in the Philippines

• Main Authors: Maroon, Gian Conrad L., Molina, Diane Marie, Ong Yiu, Michelle Kris A., Reyes, Mico John W.
• Format: text
• Language: English
• Published: Animo Repository 2017
• Subjects: Stock exchanges > Philippines; Mutual funds > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/9013
• Institution: De La Salle University

Financial globalization and market interdependence contributes to the growth of the mutual fund industry through cross-border capital flows and asset holdings. In the Philippines, after the Asian financial crisis its mutual fund industry experienced an unprecedented growth. However, aggregate mutual...