“Habilidad vs suerte en el desempeño de fondos mutuos en Chile” — Análisis boostrap del alfa en fondos mutuos de renta variable

Description

This article applies a new methodology to determinate the existence of skill in Chilean equity mutual fund management in 2001-2008. We use bootstrap methodology to distinguish between skill and luck in the ex-post performance of fund. This statistical technique considers the complex non-nomal distribution of cross-sectional alphas due to heterogeneous risk-taking across funds and non-normalities in individual fund alphas distributions

Links & Downloads

1. http://www.tesis.uchile.cl/tesis/uchile/2011/ec-armijo_a/html/index-frames.html
2. http://www.repositorio.uchile.cl/handle/2250/108045

Tags

Mención Administración

Fondos mutuos

Rentas variables

Additional Fields

Identifer	oai:union.ndltd.org:UCHILE/oai:repositorio.uchile.cl:2250/108045
Date	January 2011
Creators	Armijo Adonis, Jaime Antonio
Contributors	Stein Bronfman, Roberto, Núñez Errázuriz, Javier, Facultad de Economía y Negocios, Escuela de Economía y Administración
Publisher	Universidad de Chile, CyberDocs
Source Sets	Universidad de Chile
Language	Spanish
Detected Language	English
Type	Tesis
Rights	Armijo Adonis, Jaime Antonio