期刊文献+

封闭型基金业绩及其规模影响研究 被引量:4

A Study of the Performance and the Scale Effects of the Close-end Funds
下载PDF
导出
摘要 以 2 0 0 0年 12月 2 9日以前上市的 3 0只封闭型基金为样本 ,对其在 2 0 0 0年 12月 2 9日至 2 0 0 2年 12月 2 7日这段时间内的业绩进行了全面评价 ,并对不同规模的封闭型基金的业绩进行了比较研究。结果表明 ,经风险调整后 ,大部分基金未能跑过大市 。 Choosing 30 close-end funds that listed before December 29, 2000 as the sample, the performance of each sample fund is studied and that of the different scales is compared of the sample funds during the period from December 29, 2000 to December 27, 2002. The results show that most of the funds can not override the market, and the performance of the funds is not significantly affected by the scale.
出处 《财经理论与实践》 CSSCI 北大核心 2003年第5期57-60,共4页 The Theory and Practice of Finance and Economics
关键词 封闭型基金 业绩评价 风险调整 基金规模 证券市场 中国 Close-end funds performance scale comparison
  • 相关文献

参考文献6

二级参考文献17

  • 1吴世农.我国证券市场效率的分析[J].经济研究,1996,31(4):13-19. 被引量:317
  • 2威廉·F·夏普 赵锡军等(译).投资学(第五版)[M].中国人民大学出版社,1998..
  • 3陈学荣.现代组合选择理论的应用研究(湘财证券研究报告)[M].,2000..
  • 4黄志典.台湾地区股票型共同基金整体绩效评估[M].台湾银行经济研究室,2000..
  • 5杜书明 中国银河证券公司.《对基金净值数据的修正性计算及中国证券投资基金业绩的初步考察》.《证券投资基金研究报告》[M].,2001,6..
  • 6John Y. Campbell, Andrew W. Lo, A. Craig Mackinlay. The Econometics of Financial Markets. Princeton [ M ] . New Jersey : Princeton University Press, 1996.
  • 7James L. FarreU, Walter J. Reinhart. Portfolio Management : Theory and Application [ M ]. 北京:机械工业出版社,1998.513—534.
  • 8Eugene F. Fama. Components of Investment Perfomance [J]. Journal of Finance, June 1972,pp.551 - 567.
  • 9Kon, Stanely. The Market Timing Performance of Mutual Fund Managers [ J ] . Journal of Business, July 1983, pp. 323- 438.
  • 10宋颂兴.证券投资基金业绩评价标准和方法研究[J].数量经济技术经济研究,1999,16(5):51-53. 被引量:3

共引文献425

同被引文献46

  • 1林坚,郑慧清,王宁,陈宇峰.证券投资基金规模与绩效实证分析[J].商业研究,2002(22):111-114. 被引量:18
  • 2罗真,张宗成.我国封闭式基金规模经济问题的综列数据分析[J].华中科技大学学报(社会科学版),2004,18(2):55-58. 被引量:4
  • 3崔海波,赵希男,张利兵,王奇.开放式基金规模变化的分布参数模型及优化管理[J].系统工程学报,2004,19(5):523-527. 被引量:8
  • 4Collins S., P. Mack, "The Optimal Amount of Assets under Management in the Mutual Fund Industry", Financial Analyst Journal, Sep/ Oct, Vol.53(1997), p.67.
  • 5Lowenstein Roger, “Frightened Funds: Is There A Master In The House”, The Wall Street Journal, November, Vol. 20(1997), p. c1.
  • 6Scholes Myron, "The future of hedge funds", Journal of Financial Transformation, Vol. 10(2004) ,p.8.
  • 7Agarwal, V. , Daniel N. D. and Naik N. Y. , 2009, "Role of Managerial Incentives and Discretion in Hedge Fund Performance", Journal of Finance, 64: 2221-2256.
  • 8Aghion, P. and Tirole, J. , 1997,"Formal and Real Authority in Organizations", Journal of Political Economy, 105: 1-29.
  • 9Beekers, S. and Vaughan, G. , 2001, "Small Is Beautiful", Journal of Portfolio Management, 9-17.
  • 10Carpenter, J. , 2000, "Does Option Compensation Increase Managerial Risk Appetite.'?" Journal of Finance, 55, 2311-2331.

引证文献4

二级引证文献44

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部