The impact of country-level and fund-level factors on mutual fund performance in Vietnam
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The research finds that there is a positive relationship between macroeconomics and mutual funds’ performance. Furthermore, country-level governance such as regulation effectiveness, political stability, economic growth and financial development has a positive correlation with mutual funds’ performance. However, the impact of fund-level factors is diverse with the no significant impact of board size on mutual fund’s performance, while passive funds perform better than active funds in Vietnam.
Nội dung trích xuất từ tài liệu:
The impact of country-level and fund-level factors on mutual fund performance in Vietnam
Nội dung trích xuất từ tài liệu:
The impact of country-level and fund-level factors on mutual fund performance in Vietnam
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Macroeconomic factors Investment decision Fund performance Determinants of performance Mutual fund performance in VietnamTài liệu liên quan:
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