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-...
Saved in:
| Main Authors: | , , |
|---|---|
| 其他作者: | |
| 格式: | Final Year Project |
| 語言: | English |
| 出版: |
2012
|
| 主題: | |
| 在線閱讀: | http://hdl.handle.net/10356/48329 |
| 標簽: |
添加標簽
沒有標簽, 成為第一個標記此記錄!
|