Essays about: "Joel Wigsén"

Found 1 essay containing the words Joel Wigsén.

  1. 1. The Existence of Skilled Fund Managers: A Study on Actively Managed Mutual Funds in the US Market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Gustaf Eklöw; Joel Wigsén; [2021]
    Keywords : Mutual Fund Performance; Skill; Active Management; Alpha;

    Abstract : This paper uses a dataset of 19 689 domestic actively managed mutual funds in the US market during 1980-2020 to find the proportions of skilled- and unskilled funds. The method is based on the false discovery approach applied in a financial setting. We conclude that 58% of our sample are zero-alpha funds, 42% unskilled, and 0% skilled. READ MORE