References
- Ang, W. R., Gregoriou, G. N., & Lean, H. H. (2014). Market-timing skills of socially responsible investment fund managers: The case of North America versus Europe. Journal of Asset Management, 15(6), 366-377.
- Bali, T. G., Brown, S. J., & Caglayan, M. O. (2014). Macroeconomic risk and hedge fund returns. Journal of Financial Economics, 114(1), 1-19.
- Bollerslev, T. (1986). Generalized autoregressive conditional heteroskedasticity. Journal of econometrics, 31(3), 307-327.
- Bollerslev, T. (1988). On the correlation structure for the generalized autoregressive conditional heteroskedastic process. Journal of Time Series Analysis, 9(2), 121-131.
- Carhart, M. M. (1997). On persistence in mutual fund performance. The Journal of finance, 52(1), 57-82.
- Chen, C. R„ Lee, C. F„ Rahman, S„ & Chan, A. (1992). A CROSS-SECTIONAL ANALYSIS OF MUTUAL FUNDS’MARKET TIMING AND SECURITY SELECTION SKILL. Journal of Business Finance & Accounting, 19(5), 659-675.
- Chen, L. W., Adams, A., & Taffler, R. (2013). What style-timing skills do mutual fund “stars” possess?. Journal of Empirical Finance, 21, 156-173.
- Chen, Y., & Liang, B. (2007). Do market timing hedge funds time the market?. Journal of Financial and Quantitative Analysis, 42(4), 827.
- Chincarini, L. B., & Nakao, A. (2011). Measuring hedge fund timing ability across factors. The Journal of Investing, 20(4), 50-70.
- Chu, P. K. K., & McKenzie, M. (2008). A study on stock-selection and market-timing performance: evidence from Hong Kong Mandatory Provident Funds (MPF). Review of Pacific Basin Financial Markets and Policies, 11(04), 617-649.
- Cuthbertson, K., & Nitzsche, D. (2013). Performance, stock selection and market timing of the German equity mutual fund industry. Journal of Empirical Finance, 21, 86-101.
- Cuthbertson, K., Nitzsche, D., & O'Sullivan, N. (2010). The market timing ability of UK mutual funds. Journal of Business Finance & Accounting, 37(1-2), 270-289.
- Cuthbertson, K., Nitzsche, D., & O'Sullivan, N. (2012). False discoveries in UK mutual fund performance. European Financial Management, 18(3), 444-463.
- Das, S., & Barai, P. (2016). Size, value and momentum in stock returns: Evidence from India. Macroeconomics and Finance in Emerging Market Economies, 9(3), 284-302.
- El Amri, H., & Hamza, T. (2017). Are There Causal Relationships between Islamic versus Conventional Equity Indices? International Evidence. Studies in Business and Economics, 12(1), 40-60.
- Fama, E. F. (1970). Efficient capital markets: A review of theory and empirical work. The journal of Finance, 25(2), 383-417.
- Fama, E. F., & French, K. R. (2010). Luck versus skill in the cross-section of mutual fund returns. The journal of finance, 65(5), 1915-1947.
- Filippas, N. D., & Psoma, C. (2001). Equity mutual fund managers performance in Greece. Managerial Finance, 27(6), 68-75.
- Giri, A. K., & Joshi, P. (2017). The impact of macroeconomic indicators on indian stock prices: An empirical analysis. Studies in Business and Economics, 12(1), 61-78.
- Henriksson, R. D. (1984). Market timing and mutual fund performance: An empirical investigation. Journal of business, 73-96.
- Henriksson, R. D., & Merton, R. C. (1981). On market timing and investment performance. II. Statistical procedures for evaluating forecasting skills. Journal of business, 513-533.
- Kacperczyk, M., Sialm, C., & Zheng, L. (2005). On the industry concentration of actively managed equity mutual funds. The Journal of Finance, 60(4), 1983-2011.
- Kim-Lian, K., Kim-Leng, G., & Yoke-Chen, W. (2004). Selectivity and market timing performance of Malaysian Unit Trusts. Malaysian Journal of Economic Studies, 41(1/2), 71.
- Kyriazis, N. A. (2017). Eurozone Debt Monetization and Helicopter Money Drops: How Viable can this be?. Journal of Central Banking Theory and Practice, 6(3), 5-15.
- Lintner, J. (1965). The valuation of risk assets and the selection of risky investments in stock portfolios and capital budgets. The review of economics and statistics, 13-37.
- Malkiel, B. G. (1995). Returns from investing in equity mutual funds 1971 to 1991. The Journal of finance, 50(2), 549-572.
- Merton, R. C. (1981). On market timing and investment performance. I. An equilibrium theory of value for market forecasts. Journal of business, 363-406.
- Metzger, N., & Shenai, V. (2019). Hedge Fund Performance during and after the Crisis: A Comparative Analysis of Strategies 2007-2017. International Journal of Financial Studies, 7(1), 15.
- Mossin, J. (1966). Equilibrium in a capital asset market. Econometrica: Journal of the econometric society, 768-783.
- Nicolosi, G., Peng, L, & Zhu, N. (2009). Do individual investors learn from their trading experience?. Journal of Financial Markets, 12(2), 317-336.
- Papadamou, S., & Siriopoulos, C. (2004). American equity mutual funds in European markets: hot hands phenomenon and style analysis. International Journal of Finance & Economics, 9(2), 85-97.
- Papadamou, S., Kyriazis, N. A., & Mermigka, L. (2017). Japanese Mutual Funds before and after the Crisis Outburst: A Style-and Performance-Analysis. International Journal of Financial Studies, 5(1), 9.
- Papadamou, S., Kyriazis, N. A., & Tzeremes, P. G. (2019). Spillover Effects of US QE and QE Tapering on African and Middle Eastern Stock Indices. Journal of Risk and Financial Management, 12(2), 57.
- Papadamou, S., Kyriazis, N. A., & Tzeremes, P. G. (2019). Unconventional monetary policy effects on output and inflation: A meta-analysis. International Review of Financial Analysis, 61, 295-305.
- Peltomäki, J., & Peltomäki, J. (2017). Investment styles and the multifactor analysis of market timing skill. International Journal of Managerial Finance, 13(1), 21-35.
- Qian, M., Xu, C., & Yu, B. (2014). Performance manipulation and fund flow: evidence from China. Emerging Markets Finance and Trade, 50(3), 221-239.
- Sharpe, W. F. (1964). Capital asset prices: A theory of market equilibrium under conditions of risk. The journal of finance, 19(3), 425-442.
- Simutin, M. (2013). Cash holdings and mutual fund performance. Review of Finance, 18(4), 1425-1464.
- Szczerbowicz, U. (2015). The ECB unconventional monetary policies: have they lowered market borrowing costs for banks and governments?. International Journal of Central Banking, 11(4), 91-127.
- Treynor, J., & Mazuy, K. (1966). Can mutual funds outguess the market. Harvard business review, 44(4), 131-136.