An Empirical Study on Mutual Funds Performance Persistence in China

@inproceedings{Chen2014AnES,
  title={An Empirical Study on Mutual Funds Performance Persistence in China},
  author={Dawei Chen and Christopher Gan and Baiding Hu},
  year={2014}
}
This study investigates whether the performance persistence phenomenon exists in the Chinese mutual funds industry in both short term and long term by employing Goetzmann and Ibbotson’s (1994) method. The data set consists of all open-end equity mutual funds in China and is free of survivorship bias. The research period covers January 2002 to December 2010. Equity open-end funds selected for this study are not terminated or merged into other funds before the end of 2010. The main findings of… CONTINUE READING

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