The efficiency of mutual funds

J Vidal-García, M Vidal, S Boubaker… - Annals of Operations …, 2018 - Springer
… This paper analyzes the short-term market efficiency of the mutual fund industry around the
world. … We evaluate the market efficiency of the mutual fund industry around the world in …

Efficiency of mutual funds and portfolio performance measurement: A non-parametric approach

BPS Murthi, YK Choi, P Desai - European journal of operational research, 1997 - Elsevier
… We examine the market efficiency of the mutual fund industry by different investment
objectives. We use a benefit/cost non-parametric analysis where a relationship between return (…

The efficiency of mutual fund companies: Evidence from an innovative network SBM approach

C Sánchez-González, JL Sarto, L Vicente - Omega, 2017 - Elsevier
… share classes of a mutual fund as separate mutual funds existing at the end of each … of the
efficiency results (survivorship bias) because we only consider the mutual funds existing at the

Efficiency of mutual funds and performance measurement in India: an empirical investigation

N Tripathy - International Journal of Business Excellence, 2017 - inderscienceonline.com
The results of the study suggests that most of the mutual fund schemes … The results of the
study show that Chinese mutual fund … However, the study concludes that Chinese funds do not …

Neural network DEA for measuring the efficiency of mutual funds

P Hanafizadeh, HR Khedmatgozar… - … journal of applied …, 2014 - inderscienceonline.com
… measurement of mutual funds efficiency and shows the requirements, in the proposed method,
… This paper explores the effective factors in determining mutual funds (MFs) efficiency and …

The performance of US equity mutual funds

V Babalos, EC Mamatzakis, R Matousek - Journal of Banking & Finance, 2015 - Elsevier
… main question this paper aims to answer, thus addressing a missing link in the literature is:
what is the no-load fund’s efficiency across different classes and over time? In addition, we …

The investment performance of mutual funds: An empirical investigation of timing, selectivity, and market efficiency

SJ Kon, FC Jen - Journal of Business, 1979 - JSTOR
… This paper evaluates mutual fund stock selectivity performance and the implications for the
… Both the SharpLintner-Mossin and Black models of market equilibrium are employed as …

Efficiency of mutual fund managers: A slacks-based manager efficiency index

L Andreu, M Serrano, L Vicente - European Journal of Operational …, 2019 - Elsevier
the efficiency of the manager as a whole instead of focusing on the results of individual
mutual funds. … the decision-making process of mutual fund managers, thereby highlighting that …

Mutual fund performance

WF Sharpe - The Journal of business, 1966 - JSTOR
… ating mutual fund performance. Unfortunately, few of the studies of mutual funds have taken
advantage of the … However, the likelihood that persistent differences in efficiency will occur is …

Mutual fund performance: A market efficiency perspective

T Verheyden, L De Moor, R Vanpée - Investment Analysts Journal, 2016 - journals.co.za
funds to measure the weak-form market efficiency of the US stock market. Additionally, in
order to truly capture time-varying performance of a fund … US equity mutual funds for which the