U.S. Mutual Funds: Measuring Performance and Persistence in Performance

U.S. Mutual Funds: Measuring Performance and Persistence in Performance

This paper investigates the performance of U.S. mutual funds using a survivorship-free sample of 2083 mutual funds from 2005 to 2010. My results suggest strong evidence that actively managed mutual funds underperform the benchmark, indicated by statistically insignificant alphas. Among three type...

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Bibliographic Details
Main Author: Zhang, Jingjing
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/24052/

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