Does Size Affect Performance?

Name: Does Size Affect Performance?
Brand: VDM Verlag Dr. Müller
SKU: 9783639163032
Price: 253.9 RON
Availability: InStock

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

Autor: Eric Lindeen

Limbă:

Legare: Carte broșată

Editura: VDM Verlag Dr. Müller

Disponibilitate: La editor doar la comandă

Expediem în 17-27 zile

253.90 lei

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

Informații despre carte

Autor

Eric Lindeen

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2009

Pagini

EAN

9783639163032

Enbook ID

06824712

Editura

VDM Verlag Dr. Müller

Greutate

118

Dimensiuni

150 x 220 x 4

Descriere completă

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.

S-ar putea să te intereseze

Clienții care au cumpărat această carte au mai cumpărat și

Cele mai căutate

Categories

Authors

Publishers

Produse

Produse

Cele mai căutate

Categories

Authors

Publishers

Produse

Produse

Does Size Affect Performance?

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

Informații despre carte

Descriere completă

S-ar putea să te intereseze

Clienții care au cumpărat această carte au mai cumpărat și