An Empirical Analysis of Unit Trust Performance in Singapore

• Main Authors: Chia, Joseph H. H., TSE, Yiu Kuen
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2000
• 主題: Fund performance; Jensen measure; Sharpe measure; Treynor-Mazuy measure; Unit trust; Asian Studies; Finance
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/703; https://ink.library.smu.edu.sg/context/soe_research/article/1702/viewcontent/ChiaTse_1.pdf

The Singapore government’s recent strategic plan to develop the financial sector has placed much emphasis on the fund management industry. In this paper we examine the unit trust performance in Singapore in the 90s. Our results show that fund managers in general performed poorly in security analys...