碩士 / 國立臺北大學 / 企業管理學系 / 98 / The evaluation of mutual fund performance and identification of successful fund managers are of great interest to both investors and academics. Two methods that fund managers are presumed to use for generating superior performance are market timing and stock selection. Many previous studies have emphasized the performance of mutual funds, but there has been little analysis of Taiwanese fund managers’ abilities. Therefore, this paper attempts to investigate the market timing and stock selection abilities of Taiwanese mutual fund managers using traditional as well as conditional approaches. With a sample of 77 Taiwanese mutual fund schemes and a study period from January 2005 to December 2009, using both traditional and conditional approaches, a lack of market timing ability and presence of stock selection ability are observed among the Taiwanese fund managers.
| Identifer | oai:union.ndltd.org:TW/098NTPU0121043 |
| Date | January 2010 |
| Creators | Lan, Chih lun, 藍志倫 |
| Contributors | CHEN, DAR-HSIN, 陳達新 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | en_US |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 32 |
Page generated in 0.0136 seconds