Mutual Fund Flows and Benchmark Portfolio Returns

We examine trading caused by net flows to mutual funds invested at the Oslo Stock Exchange. Our results show that trading by index-linked mutual funds and actively managed funds are correlated with returns on different segments of the stock exchange. Neither investor sentiment, nor feedback trading...

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Bibliographic Details
Main Author: Joakim Kvamvold
Format: Article
Language:English
Published: EconJournals 2017-06-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354472?publisher=http-www-cag-edu-tr-ilhan-ozturk