The persistence in Hong Kong equity funds that focus on growth firms' performance

Chu, Hongkai

dc.contributor.advisor	Boabang, Francis
dc.coverage.spatial	Hong Kong
dc.creator	Chu, Hongkai
dc.date.accessioned	2012-09-29T18:04:05Z
dc.date.available	2012-09-29T18:04:05Z
dc.date.issued	2012
dc.identifier.uri	http://library2.smu.ca/xmlui/handle/01/24698
dc.description	1 online resource (v, 28 leaves)
dc.description	Includes abstract.
dc.description	Includes bibliographical references (leaves 26-28).
dc.description.abstract	This paper tests whether or not the Hong Kong equity growth funds have performance persistence. The research uses a sample of thirty-eight Hong Kong equity funds over the period 2008-2012 for the significance of the persistence in funds’ performance. The result shows that no statistically significant values are achieved out of 38 funds examined even at the 10% significance level, which means there is no performance persistence in Hong Kong equity funds. In contrast, there are four equities confirm performance reversal. Fund managers may not keep on outperforming the market, but based on the total changes in the funds’ NAV, they all outperform the Hong Kong stock market.	en_CA
dc.description.provenance	Submitted by Trish Grelot (trish.grelot@smu.ca) on 2012-09-29T18:04:05Z No. of bitstreams: 1 chu_hongkai_mrp_2012.pdf: 540579 bytes, checksum: f9ee4562125c35a8f925208467b37efd (MD5)	en
dc.description.provenance	Made available in DSpace on 2012-09-29T18:04:05Z (GMT). No. of bitstreams: 1 chu_hongkai_mrp_2012.pdf: 540579 bytes, checksum: f9ee4562125c35a8f925208467b37efd (MD5)	en
dc.language.iso	en	en_CA
dc.publisher	Halifax, N.S. : Saint Mary's University
dc.title	The persistence in Hong Kong equity funds that focus on growth firms' performance	en_CA
dc.type	Text	en_CA
thesis.degree.name	Master of Finance
thesis.degree.level	Masters
thesis.degree.discipline	Finance, Information Systems, & Management Science
thesis.degree.grantor	Saint Mary's University (Halifax, N.S.)