Timing Abilities of Mutual Funds in Countries of the Central and Eastern Europe Cover Image

Timing Abilities of Mutual Funds in Countries of the Central and Eastern Europe
Timing Abilities of Mutual Funds in Countries of the Central and Eastern Europe

Author(s): Oleksandra Lemeshko, Oldřich Rejnuš
Subject(s): National Economy, Economic policy, Financial Markets
Published by: Masarykova univerzita
Keywords: timing abilities; volatility; liquidity; mutual fund managers; the CEE;
Summary/Abstract: Being a part of developing economies with high growth rates and increasing wealth and financial literacy of local population in the recent decade mutual funds from the Central and Eastern Europe have increasingly started to draw investors' attention. However the amount of academic research on performance of local funds is small in comparison to their recent economic importance. Rare existing studies suffer one major drawback - they are structured mainly upon country evidence, thus limiting the possibility to derive some generalized conclusions about overall mutual funds performance on the regional or country group level.

  • Page Range: 359-366
  • Page Count: 8
  • Publication Year: 2015
  • Language: English