Proceedings of the 6th International Conference on Electronic, Mechanical, Information and Management Society

Contrastive Analysis on Investment Ability of Sunshine Private Funds and Publicly Offered Funds Based on TM - FF4 Model

Authors
Yuanyuan Jiang
Corresponding Author
Yuanyuan Jiang
Available Online April 2016.
DOI
https://doi.org/10.2991/emim-16.2016.172How to use a DOI?
Keywords
Publicly offered funds; Sunshine private funds; Investment ability; TM-FF4
Abstract
This article mainly uses the TM - FF4 model to compare the stock selection ability and market-timing ability of sunshine private funds with that of publicly offered founds. In practical analysis of 58 founds in 2015, we use the method of the bootstrap and probability of success respectively as auxiliary inspection. The result shows that sunshine private funds managers’ timing ability is only marginally better than publicly offered funds managers’, but their stock selection ability is much lower than that of the publicly offered funds managers.
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This is an open access article distributed under the CC BY-NC license.

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Proceedings
6th International Conference on Electronic, Mechanical, Information and Management Society
Part of series
Advances in Computer Science Research
Publication Date
April 2016
ISBN
978-94-6252-176-6
ISSN
2352-538X
DOI
https://doi.org/10.2991/emim-16.2016.172How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yuanyuan Jiang
PY  - 2016/04
DA  - 2016/04
TI  - Contrastive Analysis on Investment Ability of Sunshine Private Funds and Publicly Offered Funds Based on TM - FF4 Model
BT  - 6th International Conference on Electronic, Mechanical, Information and Management Society
PB  - Atlantis Press
SP  - 838
EP  - 842
SN  - 2352-538X
UR  - https://doi.org/10.2991/emim-16.2016.172
DO  - https://doi.org/10.2991/emim-16.2016.172
ID  - Jiang2016/04
ER  -