Do Foreign Investors Underperform? : An Empirical Decomposition into Style and Flows

This paper studies the trading behavior and performance of foreign investors with different management styles. The analysis uses a comprehensive Colombian data with complete transaction records and unique investor identification, and finds that the...

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Bibliographic Details
Main Authors: Pedraza, Alvaro, Pulga, Fredy, Vasquez, Jose
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/937231489425579792/Do-foreign-investors-underperform-An-empirical-decomposition-into-style-and-flows
http://hdl.handle.net/10986/26344