Uso de Información Privada por parte de los Gestores Españoles de Fondos de Inversión
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| Format: | Artículo científico |
| Language: | en |
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Universidad de Talca
2008
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| _version_ | 1876436879814950912 |
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| author | Luis Ferruz A. |
| author_facet | Luis Ferruz A. |
| contents | Uso de Información Privada por parte de los Gestores Españoles de Fondos de Inversión Luis Ferruz A. Fernando Muñoz S. María Vargas M. Economía y Finanzas mutual funds multicollinearity private information Conditional performance This work analyzes the performance of a sample of Spanish mutual funds by meansof the CAPM and the Ferson and Schadt (1996) conditional model. Prior to the empirical applicationof this second model, we have implemented rigorous econometric analysis about themulticollinearity of the model variables. We obtain better performance when applying theconditional model, which is also better specified, letting us to confirm, therefore, the use of privateinformation by Spanish mutual fund managers. 2008 artículo científico 0716-1921 https://www.redalyc.org/articulo.oa?id=39903607 en http://www.redalyc.org/revista.oa?id=399 Panorama Socioeconómico application/pdf Universidad de Talca Panorama Socioeconómico (Chile) Num.36 Vol.26 |
| format | Artículo científico |
| id | redalyc_39903607 |
| institution | Redalyc |
| language | en |
| publishDate | 2008 |
| publisher | Universidad de Talca |
| spellingShingle | Uso de Información Privada por parte de los Gestores Españoles de Fondos de Inversión Luis Ferruz A. Economía y Finanzas mutual funds multicollinearity private information Conditional performance Uso de Información Privada por parte de los Gestores Españoles de Fondos de Inversión Luis Ferruz A. Fernando Muñoz S. María Vargas M. Economía y Finanzas mutual funds multicollinearity private information Conditional performance This work analyzes the performance of a sample of Spanish mutual funds by meansof the CAPM and the Ferson and Schadt (1996) conditional model. Prior to the empirical applicationof this second model, we have implemented rigorous econometric analysis about themulticollinearity of the model variables. We obtain better performance when applying theconditional model, which is also better specified, letting us to confirm, therefore, the use of privateinformation by Spanish mutual fund managers. 2008 artículo científico 0716-1921 https://www.redalyc.org/articulo.oa?id=39903607 en http://www.redalyc.org/revista.oa?id=399 Panorama Socioeconómico application/pdf Universidad de Talca Panorama Socioeconómico (Chile) Num.36 Vol.26 |
| title | Uso de Información Privada por parte de los Gestores Españoles de Fondos de Inversión |
| topic | Economía y Finanzas mutual funds multicollinearity private information Conditional performance |
| url | https://www.redalyc.org/articulo.oa?id=39903607 |