Investment performance analysis of managerial expertise: evidence from Malaysian-based international equity unit trust funds
This paper evaluates the investment performance of Malaysian-based international equity funds. The results on the overall fund performance using Jensen’s (1968) model indicate that, on average, international funds have significant negative risk-adjusted returns over the study period from 2008-2010....
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
2013
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| Online Access: | http://journalarticle.ukm.my/6969/ http://journalarticle.ukm.my/6969/ http://journalarticle.ukm.my/6969/1/4610-10782-1-SM.pdf |