The persistence of unit trust performance for the period July 1985-June 1995
South African Journal of Business Management
| Field | Value | |
| Title | The persistence of unit trust performance for the period July 1985-June 1995 | |
| Creator | Meyer, Margaret C. | |
| Description | The purpose of this study was to determine whether any persistence of performance existed in the unit trust industry in South Africa over the ten-year period from July 1985 to June 1995. Calculations were done over different time periods (one-, two- and four-year periods) and using different definitions of superior performance (positive Jensen alphas or winner/loser phenomena). Results of nominal returns and risk-adjusted returns were also compared. Results obtained show that persistence in performance does exist, but that it is more of a 'loser' phenomenon than a 'winner' phenomenon. | |
| Publisher | AOSIS | |
| Date | 1998-09-30 | |
| Identifier | 10.4102/sajbm.v29i3.775 | |
| Source | South African Journal of Business Management; Vol 29, No 3 (1998); 100-108 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/775/707
|
|
ADVERTISEMENT
