Mutual Fund Performance and Managers' Characteristics
Author | : Majid Abbasi |
Publisher | : LAP Lambert Academic Publishing |
Total Pages | : 52 |
Release | : 2012 |
ISBN-10 | : 3659299855 |
ISBN-13 | : 9783659299858 |
Rating | : 4/5 (858 Downloads) |
Download or read book Mutual Fund Performance and Managers' Characteristics written by Majid Abbasi and published by LAP Lambert Academic Publishing. This book was released on 2012 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mutual Fund is one of the most important mechanisms for indirect investment in financial markets, which provides better conditions in terms of risk and return, especially for amateur investors. This research examined the effects of mutual fund managers' characteristics on the performance of Iranian mutual funds. The research was carried out on all Iranian mutual funds during 2007 to 2011. Generalized Lease Square (GLS) was employed to examine these effects. The results show that fund manager's Age, MBA, Gender, and Tenure significantly influence fund performance.