Empirical evidence of performance persistence in a relatively unexplored market: the case of Spanish investment funds

This study analyses the performance persistence of European equity funds in Spain. The use of parametric and non-parametric methodology, the originality of the ratio used to measure performance and the fact that this represents research into a relatively unexplored market are what make this such an...

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Veröffentlicht in:Applied financial economics letters 2005-03, Vol.1 (2), p.85-88
Hauptverfasser: Agudo, Luis Ferruz, Magallón, María Vargas
Format: Artikel
Sprache:eng
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Zusammenfassung:This study analyses the performance persistence of European equity funds in Spain. The use of parametric and non-parametric methodology, the originality of the ratio used to measure performance and the fact that this represents research into a relatively unexplored market are what make this such an attractive study.
ISSN:1744-6546
1744-6554
DOI:10.1080/17446540500102380