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- W2354404911 abstract "Using the sample of mutual funds from December 2002 to November 2007,this article constructs winners' and losers' portfolio of Jegadeesh and Titman to do persistence analysis.We find that there is dissipating persistence of mutual fund in China.And the excess profit of relative strength strategy is due to their high systematic-risk and delayed price reactions to information.It is suggested that mutual fund market is not a weak-form efficient market,and four-factor model is a better choice of evaluating the performance of mutual funds." @default.
- W2354404911 created "2016-06-24" @default.
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- W2354404911 date "2008-01-01" @default.
- W2354404911 modified "2023-09-24" @default.
- W2354404911 title "On persistence of mutual fund performance in China:implication for mutual fund market efficiency" @default.
- W2354404911 hasPublicationYear "2008" @default.
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