Does Size Affect Performance?

Name: Does Size Affect Performance?
Brand: VDM Verlag Dr. Müller
SKU: 9783639163032
Price: 48.5 EUR
Availability: InStock

A Study of Size-Driven Effects on Performance in Swedish Equity Mutual Funds

Autor: Eric Lindeen

Jazyk:

Väzba: Brožovaná

Vydavateľ: VDM Verlag Dr. Müller

Dostupnosť: U vydavateľa na objednávku

Odosielame za 17-27 dní

48.50 €

The impact of size on the returns of mutual funds §has long been the subject of interest in academic...

Informácie o knihe

Autor

Eric Lindeen

Jazyk

Angličtina

Väzba

Kniha - Brožovaná

Vydalo

2009

Stránok

EAN

9783639163032

Enbook ID

06824712

Vydavateľ

VDM Verlag Dr. Müller

Hmotnosť

118

Rozmery

150 x 220 x 4

Kompletný popis

The impact of size on the returns of mutual funds §has long been the subject of interest in academic §circles, however scholars have to date not managed §to reach any consensus as to what the relationship §looks like. This paper takes the question of size to §a new level by analyzing if size is an important §driver of performance due to its affect on factors §that are driving performance. We find that size as a §factor captures many and often opposing effects of §factors that drive performance differently depending §on a fund s size and evidence stemming from other §research misses to capture this complex §relationship. As much as size-driven factors such as §liquidity costs, economies of scale and extreme net §flows are affected by the size of a fund, they are §also likely to vary with the characteristics of §different markets and over time. We present the idea §that, given the correct analytical model, it would §be possible to derive the perfect fund size for a §specific market. Knowing how size affects the §performance of a fund is imperative for both §investors and fund managers seeking to maximize §returns.

Mohlo by vás zaujímať

Zákazníci, ktorí si kúpili túto knihu, kúpili tiež

Najčastejšie vyhľadávané

Categories

Authors

Publishers

Produkty

Produkty

Najčastejšie vyhľadávané

Categories

Authors

Publishers

Produkty

Produkty

Does Size Affect Performance?

A Study of Size-Driven Effects on Performance in Swedish Equity Mutual Funds

Informácie o knihe

Kompletný popis

Mohlo by vás zaujímať

Zákazníci, ktorí si kúpili túto knihu, kúpili tiež