Market Timing Abilities of Fund Managers: Parametric and Nonparametric Test

• Main Authors: KOH, Francis, PHOON, Kok Fai, CHEONG, HIN TAN
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 1993
• Subjects: Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/1497; https://onlinelibrary.wiley.com/doi/10.1111/j.1468-5957.1993.tb00657.x/abstract
• Institution: Singapore Management University

The ability to measure the investment performance of fund managers is a perennial issue for potential and committed investors. The performance of fund managers influences the manner in which investors place their investible wealth and their choice of fund managers. Obviously, it also affects the com...