Determinants of Fund Investment Flows: Asymmetry between Fund Inflows and Fund Outflows

Determinants of Fund Investment Flows: Asymmetry between Fund Inflows and Fund Outflows

We investigate determinants of fund investment flows using Korean equity investment funds. Unlike previous studies which analyzed net-flows (inflow minus outflow), we analyze fund investment inflows and outflows separately that should properly reflect investors’ fund selection and redemption decisio...

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Bibliographic Details
Main Authors: Shin, In seok, Cho, Sung bin
Format: Article
Language:English
Published: Korea Development Institute 2014-11-01
Series:KDI Journal of Economic Policy
Subjects:
펀드투자 유입자금흐름(Fund Investment Inflow)
펀드투자 유출자금흐름(Fund Investment Outflow)
처분효과(Disposition Effect)
판매사 유인(Broker’s Incentive)
Online Access:https://doi.org/10.23895/kdijep.2014.36.4.33

Internet

https://doi.org/10.23895/kdijep.2014.36.4.33

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