{"product_id":"factors-influencing-mutual-fund-performance-von-cheong-sing-tng","title":"Factors Influencing Mutual Fund Performance","description":"\u003cp\u003eExisting literature on performance comparison of  mutual funds managed by different types of financial  institutions reported conflicting results. Until the  1990s, finance literature reported bank-managed funds being inferior to their non-bank counterparts but a later study showed bank-managed bond funds were not inferior to their counterparts from other  institutions. Literature on fund performance  differences focused on fund manager characteristics.  This book details an empirical study of how factors  influencing fund performance differ with type of fund management institution--banks as well as insurance and investment companies. Studying performance of unit trusts invested using Singapore''s defined-contribution pension plan reveals effects of such factors on funds managed by banks and non-banks. Bank-managed equity funds are not inferior to non-bank ones. Previous research reporting under-performance of bank-managed funds ignored their differing fiduciary standards. By providing a conceptual model relating characteristics of funds to their performance, this book should be most useful to finance professionals and students conducting mutual fund research.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838325064\"\u003e\u003ch3\u003eAn Empirical Study of Unit Trusts in Singapore\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838325064","offer_id":39498922459229,"sku":"9783838325064","price":59.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/fc250d8f-50a0-4c16-8c36-3db55cc9d9f7.jpg?v=1758347241","url":"https:\/\/shop.autorenwelt.de\/products\/factors-influencing-mutual-fund-performance-von-cheong-sing-tng","provider":"Autorenwelt Shop","version":"1.0","type":"link"}