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Keywords: Fund Performance
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Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2023) 31 (4): 328–346.
Published: 20 October 2023
... to that of active funds. There are passive funds that achieve outstanding performance, and both the false discovery rate (FDR) analysis and simulation analysis suggest that their outperformance is driven by managerial skill rather than luck. Second, passive fund performance is more persistent compared to active...
Journal Articles
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2014) 22 (3): 531–564.
Published: 31 August 2014
...IK Song; Ji Eun Kang; Chang Hyun Yun This study investigates the private equity fundsperformances and persistence by fund type. Diversification benefit exists between public equity and private equity and among different types of private equity funds. The net IRR of private equity funds depends...

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