Mutual Fund Flows and Benchmark Portfolio Returns

We examine trading caused by net flows to mutual funds invested at the Oslo Stock Exchange. Our results show that trading by index-linked mutual funds and actively managed funds are correlated with returns on different segments of the stock exchange. Neither investor sentiment, nor feedback trading...

Full description

Bibliographic Details
Main Author: Joakim Kvamvold
Format: Article
Language:English
Published: EconJournals 2017-04-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/4065