{"title":"Emerging markets mutual funds: regional exposure and stock selection ability","authors":"Javier Rodríguez, J. Torrez","doi":"10.1080/17446540701367477","DOIUrl":null,"url":null,"abstract":"The regional exposure and stock-selection ability of emerging markets mutual funds is empirically examined during the 2001 to 2005 time period. This sample of funds shows a clear preference towards the Asian markets and as a group show evidence of poor stock-selection ability. When the sample is partitioned between surviving and nonsurviving funds, only the subgroup of surviving funds show evidence of positive stock-selection ability.","PeriodicalId":345744,"journal":{"name":"Applied Financial Economics Letters","volume":"37 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2008-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Applied Financial Economics Letters","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/17446540701367477","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 3
Abstract
The regional exposure and stock-selection ability of emerging markets mutual funds is empirically examined during the 2001 to 2005 time period. This sample of funds shows a clear preference towards the Asian markets and as a group show evidence of poor stock-selection ability. When the sample is partitioned between surviving and nonsurviving funds, only the subgroup of surviving funds show evidence of positive stock-selection ability.