Essays about: "Treynor and Mazuy"

Found 5 essays containing the words Treynor and Mazuy.

1. 1. Empirical Study on the Performance of Hedge Funds in China

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Weiwei Zhang; [2020]
   Keywords : Hedge funds; China; Performance; Persistence; Uncertainty;

   Abstract : China is one of the most popular emerging markets, and the fund management industry has experienced rapid growth during the past decade, especially private funds. Although the regulatory regimes were underdeveloped at first, the government realized that it was important to improve the related regulation to address this problem. READ MORE

3. 2. Active Versus Passive Investing : A Comparative Analysis

   University essay from Jönköping University/IHH, Företagsekonomi

   Author : Jonathan Molander; Lennart van Loo; [2020]
   Keywords : Active investing; Passive investing; Market timing ability; investor alpha; Fama French 3 factor;

   Abstract : The increasing popularity of passive investment strategies causes the long-term feasibility of active investing to be questioned more often. Therefore, this research aimed to uncover whether active investors' influence on fund performance is positive and significant enough to offset the cost involved, thereby providing reasoning for active rather than passive investing. READ MORE

4. 3. China-focused Mutual Funds: A Study of Performance, Selectivity and Market Timing

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Amanda Ulfsdotter; Rebecca Samuelsson; [2011]
   Keywords : mutual funds; selectivity; market timing; unconditional models; conditional models;

   Abstract : This study examines the performance of 36 China-focused mutual funds advertised and sold in Sweden. We use Jensen's alpha, the Treynor-Mazuy model and the Henriksson-Merton model in order to evaluate overall performance, stock selection abilities and market timing skills of the fund managers. READ MORE

5. 4. Swedish Equity Funds: A Study of Performance and Return Persistence

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Oskar Steneryd; André Löfdahl; [2009]
   Keywords : Equity funds; Jensen’s Alpha; Performance Persistence; Market Timing Ability; Treynor and Mazuy;

   Abstract : Previous research has shown that equity funds tend to not over perform in relation to the market index regardless of the fund’s investment strategy. However, academic opinions are ambiguous regarding whether equity funds exhibit persistence in performance and if equity funds’ performance can be explained by market timing ability. READ MORE

6. 5. Active Management in Swedish National Pension Funds: An Analysis of Performance in the AP-funds

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Sara Blomstergren; Jennifer Lindgren; [2008]
   Keywords : Active management; pension funds; alpha;

   Abstract : This paper investigates the active management in the Swedish National Pension Funds. Monthly returns have been collected from two out of six funds for the time period 1 January 2003 to 31 December 2007. READ MORE