MARKAZ SECTOR REPORT GCC ASSET MANAGEMENT - 2011
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The focus of this study is exploring determinants of mutual fund growth as its impressive
growth, Compound Annual Growth Rate (CAGR) of 16.97%. As documented by Ramasamy and
Yeung (2003), growth of mutual fund industry among emerging markets is expected to grow at the rate
of double digit by 2030. There are extensive research collections of U.S. mutual fund or US funds
investing in emerging markets i.e., Sharpe (1966), Petersen (2001), Kaminsky et.al (2001), and
Ramasamy and Yeung (2003). However, research on emerging mutual funds and their determinants is
still limited. ...
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MARKAZ SECTOR REPORT GCC ASSET MANAGEMENT - 2011
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MARKAZ SECTOR REPORT GCC ASSET MANAGEMENT - 2011
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