Using a sample of 1200 U.S. actively managed open-end mutual funds, I will investigate if actively managed mutual funds are able to outperform the market by achieving positive average alpha values. I will analyze their performance in two well-defined time frames, during the Covid-19 Crisis and during the eight years preceding the pandemic. The empirical results found no evidence of positive performance during the Covid-19 crisis. However, I found evidence in favor of slightly superior performance during the Pre-Covid19 period.
Using a sample of 1200 U.S. actively managed open-end mutual funds, I will investigate if actively managed mutual funds are able to outperform the market by achieving positive average alpha values. I will analyze their performance in two well-defined time frames, during the Covid-19 Crisis and during the eight years preceding the pandemic. The empirical results found no evidence of positive performance during the Covid-19 crisis. However, I found evidence in favor of slightly superior performance during the Pre-Covid19 period.
U.S. MUTUAL FUND PERFORMANCE DURING THE COVID-19 CRISIS
CARTA, SILVIA MARIA
2022/2023
Abstract
Using a sample of 1200 U.S. actively managed open-end mutual funds, I will investigate if actively managed mutual funds are able to outperform the market by achieving positive average alpha values. I will analyze their performance in two well-defined time frames, during the Covid-19 Crisis and during the eight years preceding the pandemic. The empirical results found no evidence of positive performance during the Covid-19 crisis. However, I found evidence in favor of slightly superior performance during the Pre-Covid19 period.File | Dimensione | Formato | |
---|---|---|---|
Carta_Silvia Maria.pdf
accesso riservato
Dimensione
2.38 MB
Formato
Adobe PDF
|
2.38 MB | Adobe PDF |
The text of this website © Università degli studi di Padova. Full Text are published under a non-exclusive license. Metadata are under a CC0 License
https://hdl.handle.net/20.500.12608/43631