Asymmetric Flow-Performance Relationship: Case of Chinese Equity Funds
We investigate the relationship of fund flow and fund performance by using the sample of 557 Chinese equity mutual funds for the period of 11 years. We apply fund fixed effect regression model on unbalanced panel data and find that relationship between fund flow and fund performance is positive. Li...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2016-04-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/1936 |