[讨论]中国开放式基金绩效影响因素的实证研究

相似文件 换一批

是 否 +2 论坛币

k人 参与回答

经管之家送您一份

应届毕业生专属福利!

求职就业群

赵安豆老师微信：zhaoandou666

经管之家联合CDA

送您一个全额奖学金名额~ !

立即领取

感谢您参与论坛问题回答

经管之家送您两个论坛币！

+2 论坛币

我近一段时间看了一些关于开放式基金的绩效的研究文章,国外对这一问题研究的比较多而且深入,国内也有一些相关研究。比如基金规模对基金绩效的影响。但由于我国开放式基金的成立时间都较短，对基金绩效的考察存在困难，究竟用哪个指标来代表基金绩效水平也存在很大争议，另外，对基金业绩持续性的研究也遇到了相似的问题，国外有关研究认为，用基金管理费用代替基金收益率来表征基金的绩效水平更为合理，这一方法在我国是否适用？欢迎大家对上述一系列问题展开讨论！

扫码加我 拉你入群

请注明：姓名-公司-职位

以便审核进群资格，未注明则拒绝

分享0 收藏1 回帖

关键词：开放式基金 实证研究 影响因素 开放式 管理费用 管理费用 收益率 持续性 中国 文章

请教：

"国外有关研究认为，用基金管理费用代替基金收益率来表征基金的绩效水平更为合理"

这个是从那里来的，介绍一下可以吗？

thanks

外文期刊:applied financial economics 2001,我忘记是在哪一期了,你可以查一下.

是这个吗？它真的表达了你上面所说的意思？我得好好学习学习。

Persistence of Mutual Fund Operating Characteristics: Returns, Turnover Rates, and Expense Ratios

William G Droms and David A Walker

Applied Financial Economics, 2001, vol. 11, issue 4, pages 457-66

Abstract: This study tests persistence of mutual fund returns, turnover rates, and expense ratios over the 20-year period from 1971 to 1990. Multivariate models also are developed to examine synergies among persistence of returns, expense ratios and turnover rates. Potential long-run economies of scale are analysed by determining whether or not there is a significant relationship between asset size and these other operating characteristics. Tests are developed to contrast the decade of the 1970s with the decade of the 1980s and to examine persistence between consecutive years. The results indicate that there was no long-term persistence of returns, expenses, or turnover rates for 151 equity mutual funds that operated over the full two decades from 1971 to 1990. Tests of short-term performance persistence show strong persistence of good performance for periods of one, two and three years. For a four-year time period, there is no significant persistence of returns. The tests for consecutive years in contrast to tests between decades show that there is short-term, but not long-term persistence for returns. Copyright 2001 by Taylor and Francis Group

[此贴子已经被作者于2006-11-28 11:55:17编辑过]

不是那篇文章，是：the "empirical relationship between mutual fund size and operational efficiency" applied financial economics, vol.11,no.3,2001.

我最近也在研究这个，谢谢楼上的提示，我先看看这篇外文再说～

“开放式基金绩效持续性”这个问题，大家认为怎么写能出彩？

中国证券投资基金业绩评价体系研究与实证分析.pdf

110321.pdf (289.14 KB, 需要: 2 个论坛币)

2007-4-23 00:03:00 上传

[讨论]中国开放式基金绩效影响因素的实证研究
需要: 2 个论坛币  [购买]

中国证券投资基金绩效评价的理论与实证研究

110335.pdf (141.38 KB, 需要: 2 个论坛币)

2007-4-23 00:46:00 上传

[讨论]中国开放式基金绩效影响因素的实证研究
需要: 2 个论坛币  [购买]

有没有人在线呢 帮帮忙啦～