Performance Evaluation of Money Market Mutual Funds in Greece

The present study attempts to evaluate the performance of money market mutual funds in Greece and the factors that are affecting it. The analysis showed that money funds tend to under-perform the market and that the return is negatively related to expenses but positively related to size of the fund....

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Main Author: Galetsas, Ioannis
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2008
Subjects:
Online Access:https://eprints.nottingham.ac.uk/21985/
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author Galetsas, Ioannis
author_facet Galetsas, Ioannis
author_sort Galetsas, Ioannis
building Nottingham Research Data Repository
collection Online Access
description The present study attempts to evaluate the performance of money market mutual funds in Greece and the factors that are affecting it. The analysis showed that money funds tend to under-perform the market and that the return is negatively related to expenses but positively related to size of the fund. However, higher expenses can lead to better performance if they are used to attract better quality managers and also high size seems to reduce performance, probably due to diseconomies of scale.
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format Dissertation (University of Nottingham only)
id nottingham-21985
institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T18:42:49Z
publishDate 2008
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spelling nottingham-219852018-01-30T22:37:46Z https://eprints.nottingham.ac.uk/21985/ Performance Evaluation of Money Market Mutual Funds in Greece Galetsas, Ioannis The present study attempts to evaluate the performance of money market mutual funds in Greece and the factors that are affecting it. The analysis showed that money funds tend to under-perform the market and that the return is negatively related to expenses but positively related to size of the fund. However, higher expenses can lead to better performance if they are used to attract better quality managers and also high size seems to reduce performance, probably due to diseconomies of scale. 2008 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21985/1/08MAlixig2.pdf Galetsas, Ioannis (2008) Performance Evaluation of Money Market Mutual Funds in Greece. [Dissertation (University of Nottingham only)] (Unpublished) Money Market Mutual Funds
spellingShingle Money Market Mutual Funds
Galetsas, Ioannis
Performance Evaluation of Money Market Mutual Funds in Greece
title Performance Evaluation of Money Market Mutual Funds in Greece
title_full Performance Evaluation of Money Market Mutual Funds in Greece
title_fullStr Performance Evaluation of Money Market Mutual Funds in Greece
title_full_unstemmed Performance Evaluation of Money Market Mutual Funds in Greece
title_short Performance Evaluation of Money Market Mutual Funds in Greece
title_sort performance evaluation of money market mutual funds in greece
topic Money Market Mutual Funds
url https://eprints.nottingham.ac.uk/21985/