Short-term persistence in mutual fund performance

Mutual funds are gaining popularity in Singapore as investment tools and one of the reasons for this is the belief that consistently superior returns can be realised.We examine the returns of equity mutual funds from Japan, the UK and the US to determine whether there is any performance persistence.

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Bibliographic Details
Main Authors: Cheong, Mun Fai, Han, Chun Yuan, Wong, Shih Fong
Other Authors: Young, Martin Robert
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/11348
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Institution: Nanyang Technological University
Description
Summary:Mutual funds are gaining popularity in Singapore as investment tools and one of the reasons for this is the belief that consistently superior returns can be realised.We examine the returns of equity mutual funds from Japan, the UK and the US to determine whether there is any performance persistence.