Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/48837 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorFilip, Dariuszen
dc.date.accessioned2011-08-18-
dc.date.accessioned2011-08-22T15:27:57Z-
dc.date.available2011-08-22T15:27:57Z-
dc.date.issued2011-
dc.identifier.citation|aContemporary Economics|c1897-9254|v5|h1|nVizja Press & IT|lWarsaw|y2011|p18-34en
dc.identifier.pidoi:10.5709/ce.1897-9254.2en
dc.identifier.urihttp://hdl.handle.net/10419/48837-
dc.description.abstractThis study examines the phenomenon of performance persistence of equity funds in Hungary in two time perspectives: 1-year and 6-month perspectives. The empirical results confirm the occurrence of performance dependence in consecutive periods. There is also a strong evidence of short-term persistence in the total horizon of the study (from the beginning of 2000 to the end of 2009), and in several sub-periods. The 1-year persistence was also found in the tested sample and, in general, depended on the measure applied. Furthermore, I observed performance reversal, which can be partly explained by trend changes in the financial markets. The persistence of equity funds performance in Hungary is shaped by market factors rather than the diversity of managerial characteristics.en
dc.language.isoengen
dc.publisher|aVizja Press & IT |cWarsawen
dc.subject.jelG11en
dc.subject.jelG23en
dc.subject.jelG29en
dc.subject.ddc330en
dc.subject.keywordperformance persistenceen
dc.subject.keywordmutual fundsen
dc.subject.keywordtrends on Hungarian financial marketsen
dc.titlePerformance persistence of equity funds in Hungary-
dc.typeArticleen
dc.identifier.ppn666306958en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
econstor.citation.journaltitleContemporary Economicsen
econstor.citation.issn1897-9254en
econstor.citation.volume5en
econstor.citation.issue1en
econstor.citation.publisherVizja Press & ITen
econstor.citation.publisherplaceWarsawen
econstor.citation.year2011en
econstor.citation.startpage18en
econstor.citation.endpage34en

Files in This Item:
File
Size
508.78 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.