Investor Attrition and Fund Flows in Mutual Funds [PDF]
We explore the properties of equity mutual funds that experience a loss of assets after poor performance. We document that both inflows and outflows are less sensitive to performance, because performance-sensitive investors leave or decide not to invest after bad performance.
Christoffersen, Susan E. K., Xu, Haoyu
openaire +1 more source
A SEEMINGLY UNRELATED REGRESSION ANALYSIS ON THE TRADING BEHAVIOR OF MUTUAL FUND INVESTORS [PDF]
This paper provides a comprehensive investigation on the causality relationship between fund performance and trading flows. We analyze if investors behave asymmetrically in fund purchasing and selling by seemingly unrelated regression which comprises ...
Nan-Yu Wang +3 more
doaj
Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial system [PDF]
The text of this article has been corrected. Information about the changes is provided here http://dx.doi.org/10.21511/pmf.14(2).2025.05 Adjusting the balanced movement of financial flows in the budget process is a vital component of ensuring the ...
Kateryna Romenska +4 more
doaj +1 more source
Demographic shifts and their consequences for the investment funds in the EU
Solid theoretical reasons exist for the link between demographics and various economic, financial and social indicators. The aim of this article is to assess the influence of demographic shifts on investment fund flows in the EU from 1996 to 2013.
Gindra Kasnauskienė, Karol Michnevič
doaj +1 more source
Financial Crisis and Corporate Social Responsible Mutual Fund Flows
In this paper, we investigate investment flows into mutual funds that hold more high corporate social responsible stocks (top CSR funds) vs. mutual funds that hold more low corporate social responsible stocks (bottom CSR funds).
Sitikantha Parida, Zhihong Wang
doaj +1 more source
Exchange-traded funds and FX volatility: Evidence from Turkey
Exchange-Traded Funds (ETFs) have become one of the most popular passive investment instruments since they bring together the advantages of stocks and mutual funds.
Burçhan Sakarya, Aykut Ekinci
doaj +1 more source
Do Foreign Fund Flows Influence the Stock Market Index? Evidence From Indonesia
This paper investigates the impact of foreign fund’ flow on the Indonesian stock index incorporating other variables, namely the international stock market, gold price, foreign exchange rate, and the oil price.
Nevi Danila +3 more
doaj +1 more source
Privacy-preserving data mining of cross-border financial flows
Criminal networks continue to utilize the global financial system to launder their proceeds of crime, despite the broad enactment of anti-money laundering (aml) laws and regulations in many countries.
Chaka Patrick Sekgoka +2 more
doaj +1 more source
The Flow - Performance Relationship: Evidence from Pakistani Mutual Funds
we use the novel sample of Pakistani mutual funds to examine the flow performance relationship. We apply linear regression model with fixed effect on unbalanced panel data for the period of 2012 to 2018.
Saleh Nawaz khan , Amna Noor
doaj +1 more source
Fund Flows and Performance in Brazil
This paper analyzes how fund flows react to past performance in the dynamic Brazilian equity fund market over the period 2001 to 2012. The study also tests for a "smart money" effect (Zheng, 1999), or whether funds that receive more money subsequently outperform those that receive less money.
Luis Berggrun, Edmundo Lizarzaburu
openaire +2 more sources

