Fund flows and performance in Brazil
This study analyzes how fund flows react to past performance in the dynamic Brazilian equity fund market over the period from 2001 to 2012. The study also tests for a “smart money” effect (Zheng, 1999), or whether funds that receive more money subsequently outperform those that receive less money. W...
- Autores:
-
Berggrun Preciado, Luis
- Tipo de recurso:
- Article of investigation
- Fecha de publicación:
- 2015
- Institución:
- Universidad ICESI
- Repositorio:
- Repositorio ICESI
- Idioma:
- eng
- OAI Identifier:
- oai:repository.icesi.edu.co:10906/79818
- Acceso en línea:
- http://www.sciencedirect.com/science/article/pii/S0148296314003117
http://hdl.handle.net/10906/79818
https://doi.org/10.1016/j.jbusres.2014.09.028
- Palabra clave:
- Fondos de inversión
Economía
Negocios y management
Economics
Business
Flujo de fondos
Mercado
- Rights
- openAccess
- License
- https://creativecommons.org/licenses/by-nc-nd/4.0/