Research on the Performance Persistence of China’s Funds

Wuhuan DUAN, Yu DONG

Abstract


This paper research the Chinese funds’ persistence of performance based on “mover-stayer” model in years. We found that Chinese founds has weak persistent, follows: the medium founds group has the weakest persistent of performance, the best founds group has a medium persistent, and the poor mover founds group has the strongest persistent. But the persistent of performance decrease gradually with the extension of the study period.

Keywords


Funds; Persistence of performance; Mover-stayer model

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References


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DOI: http://dx.doi.org/10.3968/%25x

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