The performance of equity mutual funds in Poland

被引：0
|
作者：
Lyroudi, Katerina [1 ]
Pazgier, Agnieszka [2 ]
Kielbasa, Anna [2 ]
机构：
[1] Univ Macedonia, 156 Egnatia St, Thessaloniki 54006, Greece
[2] Univ Lodz, PL-90255 Lodz, Poland
来源：
INTERNATIONAL JOURNAL OF COMPUTATIONAL SCIENCE AND ENGINEERING | 2010年 / 5卷 / 01期
关键词：
mutual funds; performance measures; Poland;
D O I：
10.1504/IJCSE.2010.030228
中图分类号：
TP39 [计算机的应用];
学科分类号：
081203 ; 0835 ;
摘要：
This paper investigates the performance of equity mutual funds in Poland, by determining the indices of Sharpe, Treynor and Jensen's Alpha for each fund and for the market index WIG for the period 2004-2007. Our results indicated that the funds performed very well in 2005. However during the next two years and especially in 2007, the performance decreased significantly. Probably, the real estate and mortgage crisis in the USA and the European markets, as well as the oil price increase affected all the economies worldwide, including Poland.
引用
收藏
页码：35 / 49
页数：15
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