Investing into the abyss: The continued misclassification of multi-sector managed funds

• Main Authors: Watson, John R, Allen, N., PHOON, Kok Fai, Wickramanayake, J.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2010
• 主題: Managed Funds; Return Based Style Analysis; Asset Allocation; Misclassification; Confidence Intervals; Corporate Finance; Portfolio and Security Analysis
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/2964; https://ink.library.smu.edu.sg/context/lkcsb_research/article/3963/viewcontent/10_22495_cocv8i1c6p3.pdf
• 機構: Singapore Management University

The objective of this paper is to assess whether Australian multi-sector managed funds are misclassified, and then, having found this to be the case, determine if this misclassification has any impact on fund performance. We adopt a strong form of returns based style analysis to investigate a monthl...