Do Chinese mutual fund investors chase returns?

On a comprehensive sample of Chinese open-end equity mutual funds from 2005 to 2009, we investigate the non-linear relationship between a fund’s flow and its past performance. We first observe a positive relationship between a fund’s quarterly flow and its prior 12-month return. Next, we find a non-...

Full description

Saved in:
Bibliographic Details
Main Authors: Du, Chen, Jin, Zheng, Teo, Ting Rui
Other Authors: Nanyang Business School
Format: Final Year Project
Language:English
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10356/48329
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English