Emerging markets mutual funds performance evaluation: Evidence from the Central and Eastern Europe

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00076487" target="_blank" >RIV/00216224:14560/14:00076487 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.5593/sgemsocial2014B22" target="_blank" >http://dx.doi.org/10.5593/sgemsocial2014B22</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.5593/sgemsocial2014B22" target="_blank" >10.5593/sgemsocial2014B22</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Emerging markets mutual funds performance evaluation: Evidence from the Central and Eastern Europe

Popis výsledku v původním jazyce

Although for more than a century investors have been almost exclusively interested in funds from countries with mature economies and developed capital markets, nevertheless during the last decade funds from emerging economies have increasingly started todraw investors' attention. High growth rates and frequent abnormal returns make local mutual funds being a strong investment opportunity for sophisticated investors from developed markets and, thus, their performance evaluation being a frequent topic ofmodern research by world academic and professional asset management societies. However, the vast body of literature provides evidence mainly for Asian, Latin American, Indian and Islamic funds, leaving fund industry of the Central and Eastern Europe outside the scope of their research. On the basis of a few existing country studies the local funds performance can be characterized as quite controversial ? on average, local funds do not generate abnormal returns, but they still exist.

Název v anglickém jazyce

Emerging markets mutual funds performance evaluation: Evidence from the Central and Eastern Europe

Popis výsledku anglicky

Although for more than a century investors have been almost exclusively interested in funds from countries with mature economies and developed capital markets, nevertheless during the last decade funds from emerging economies have increasingly started todraw investors' attention. High growth rates and frequent abnormal returns make local mutual funds being a strong investment opportunity for sophisticated investors from developed markets and, thus, their performance evaluation being a frequent topic ofmodern research by world academic and professional asset management societies. However, the vast body of literature provides evidence mainly for Asian, Latin American, Indian and Islamic funds, leaving fund industry of the Central and Eastern Europe outside the scope of their research. On the basis of a few existing country studies the local funds performance can be characterized as quite controversial ? on average, local funds do not generate abnormal returns, but they still exist.

Druh

D - Stať ve sborníku

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

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Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

SGEM Conference on Political Sciences, Law, Finance, Economics and Tourism - Conference Proceedings - Volume II Finance

ISBN

9786197105261

ISSN

2367-5659

e-ISSN

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Počet stran výsledku

8

Strana od-do

241-248

Název nakladatele

SGEM

Místo vydání

Bulgaria

Místo konání akce

Albena, Bulgaria

Datum konání akce

1. 1. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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