Mutual Fund Trading around the World, Do Information Environments Matter?

• Main Authors: ZHANG, Zhe (Joe), LAI, Sandy, Ng, Lilian, ZHANG, Bohui
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: Domestic and Foreign Mutual Funds Holdings; Trading strategies; and PIN; Finance and Financial Management; Portfolio and Security Analysis
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/1412
• Institution: Singapore Management University

This paper provides an extensive analysis of the trading strategies of 19,639 domestic mutual funds from 28 countries worldwide and of their 125,357 foreign counterparts that invest in their home markets for the period 1999 to 2005. Results show strong evidence that information environments matter f...