The Efficiency of Mutual Fund Families: Insights from the Spanish Market
Free Shipping Included! The Efficiency of Mutual Fund Families: Insights from the Spanish Market by Emerald Publishing Limited at HYIP Offer. Hurry! Limited time offer. Offer valid only while supplies last. Sánchez-González develops an innovative model that considers different management stages of mutual fund companies, overcoming the traditional
Sánchez-González develops an innovative model that considers different management stages of mutual fund companies, overcoming the traditional dispute between the different approaches used in banking and insurance research.
Research on the mutual fund industry has been primarily focused on mutual funds rather than on their management companies. This new work fills this gap in the empirical knowledge of the efficiency obtained by mutual fund management companies. The research analyses the Spanish case, which is one of the most relevant fund industries in the Euro market, providing new insights into issues that have not been explored prior. Data envelopment analysis (DEA) is the basic methodology used to evaluate the efficiency level.
The book consists of two parts. The first part includes the basic concepts, a brief explanation of the basic DEA models, and a review of the most important applications to financial institutions. The authors formulate the multi-management stage model and the unique set of fund industry-specific variables used in this research. Subsequently, the efficiency of Spanish mutual fund companies is evaluated using the SBM approach. Finally, this part concludes and summarises the major findings of the efficiency analysis.
The second part of the book reviews the major concepts of the variations in the original SBM approach and the more accurate empirical results of these SBM variants in the Spanish mutual fund industry. Subsequently, this part illustrates the persistence phenomenon to further determine whether any relevant factors may drive the efficiency results previously obtained. Finally, the second part presents conclusions and a summary of the major findings.
|Manufacturer:||Emerald Publishing Limited|
|Publisher:||Emerald Publishing Limited|
|Studio:||Emerald Publishing Limited|
|Item Size:||0 x 9.02 x 9.02 inches|
|Package Weight:||1.74 pounds|
|Package Size:||5.98 x 0 x 0 inches|
Have questions about this item, or would like to inquire about a custom or bulk order?
If you have any questions about this product by Emerald Publishing Limited, contact us by completing and submitting the form below. If you are looking for a specif part number, please include it with your message.
Related Best Sellers
By Lightning Source UK Ltd.
mpn: colour illustrations, ean: 9783200042087, isbn: 3200042087,
Stabile Renditen trotz volatiler Zeiten. In „The Art of Alternative Investing" widmen sich die Autoren dem Thema des Absolute Return Portfoliomanagements. Im Speziellen beschäftigt sich das Praxishandbuch mit der Erzielung langfristig unkorreliert...
By TotalRecall Publications
mpn: black & white illustrations, ean: 9781590959060, isbn: 159095906X,
ExamWise Volume 1 2015 CFA Level 1 Includes 450 Practice Questions with Software Download Providing Unlimited Mock Exams! TAKE THIS HANDY Q&A WORKBOOK WHEREVER YOU HAVE SPARE MINUTES TO TEST YOUR READINESS FOR 2015 CFA LEVEL I EXAM This is Volume 1...
By Palgrave Macmillan
ean: 9783319307930, isbn: 3319307932,
This book presents a series of contributions on key issues in the decision-making behind the management of financial assets. It provides insight into topics such as quantitative and traditional portfolio construction, performance clustering and ince...
By World Scientific Publishing Co
ean: 9789814759144, isbn: 9814759147,
This book consists of invaluable introductions, tutorials and problems which are helpful for teaching purposes and have a very broad appeal and usage. The problems cover many aspects of static and dynamic portfolio theory as well as other important s...
By Leithy Leithy
ean: 9780997166958, isbn: 0997166959,
“Passing the PfMP Exam: A Study Guide” was developed to help you pass the Portfolio Management Professional Certification PfMP® exam on your first attempt. This book is created based on the “The Standard for Portfolio Management – Third Ed...
By Thomas Meyer
ean: 9781137286819, isbn: 1137286814,
There are significant returns to be made from private equity, infrastructure, real estate and other illiquid investments, but a competitive strategy is essential for investment success and for meeting objectives. This book takes readers through all t...
mpn: 9782717868463, ean: 9782717868463, isbn: 2717868461,
I strongly recommend Pascal Blanqué’s book.”--John Plender, Financial TimesAfter the warm reception of Essays in Positive Investment Management, the author has published a second, expanded edition. It contains, in particular, discussion of the...
By World Scientific Publishing Company
mpn: 9789813144361, ean: 9789813144361, isbn: 981314436X,
Great Investment Ideas is a collection of articles published in the Journal of Portfolio Management from 1993 to 2015. The book contains useful ideas for investment management and trading and discusses the methods, results and evaluation of great inv...
By Yoram Lustig
ean: 9780857194015, isbn: 0857194011,
Investors who build diversified, multi-asset portfolios, have an ever increasing range of investment assets at their disposal. In order to invest effectively - and build a solid, performing portfolio - it is essential for investors to understand each...
By Brand: Academic Press
mpn: 43192-389452, ean: 9780123747556, isbn: 0123747554,
Trading and Money Management in a Student-Managed Portfolio is a hands-on textbook for student-managed investment funds (SMIFs). The book presents the applied material that textbooks on portfolios and investments always overlook. Its focus on "how-to...