Investment strategies : do fund managers possess forecasting ability in timing the industry?

• Main Authors: Cheo, James Yew Juin., Lee, Yue Xian., Tan, Siak Chew.
• Other Authors: Sawicki, Judith
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Investments
• Online Access: http://hdl.handle.net/10356/9224
• Institution: Nanyang Technological University

Existing studies had evaluated fund managers based on stock selectivity and market timing abilities. As most US equity fund managers include industry analysis in their portfolio re-weighting decisions, our paper extends the investment performance evaluation of fund managers and investigates the ind...