Danh mục

Global Research Sector – Real Estate Equities - UAE June 22, 2011

Số trang: 61      Loại file: pdf      Dung lượng: 1.87 MB      Lượt xem: 25      Lượt tải: 0    
tailieu_vip

Xem trước 7 trang đầu tiên của tài liệu này:

Thông tin tài liệu:

Discussions regarding the generation of abnormal profits through active trading have long held a prominent position in the finance literature. Beginning with Jensen (1968), a large literature has explored the ability of mutual fund managers to systematically picks stocks and time their investments so as to generate abnormal performance and justify the fees and expenses of active money management. Despite the volume of articles in this vein, evidence on the systematic ability of portfolio managers to generate abnormal profits has yielded results that are mixed at best, and generally negative. These findings are often ascribed to the fact that the stock market is overall generally considered to...
Nội dung trích xuất từ tài liệu:
Global Research Sector – Real Estate Equities - UAE June 22, 2011

Tài liệu được xem nhiều: