Stock investment funds in Brazil: performance and management expertise
This article analyzes the stock investment fund market in Brazil and proposes dynamic rankings constructed from different risk-return metrics, during the period from 1998 to 2009. We find an uncommon level of persistence, mainly among the best performing funds, due to the expertise of the managers....
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Main Authors: | Paulo Rogério Faustino Matos, Artur Nave |
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Format: | Article |
Language: | English |
Published: |
FUCAPE Business School
2012-01-01
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Series: | BBR: Brazilian Business Review |
Subjects: | |
Online Access: | http://www.redalyc.org/articulo.oa?id=123040843001 |
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