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dc.contributor.authorTan, Ömer Faruk
dc.date.accessioned2019-03-15T12:35:42Z
dc.date.available2019-03-15T12:35:42Z
dc.date.issued2016en_US
dc.identifier.citationTan, OF. (2016). Performance of taiwanese domestic equity funds during quantitative easing. Conference: International conference on Business and Economics (ICBE2016). Jeju Natl Univ, Jeju, SOUTH KOREA. pp. 391-393en_US
dc.identifier.urihttps://hdl.handle.net/20.500.11779/996
dc.description##nofulltext##en_US
dc.description.abstractThis study is the first analysis on the performance of Taiwanese domestic equity funds during the period of January, 2009 and October, 2014. For the period, quantitative redirected capital flowed toward developing economies and the Taiwanese Stock Exchange Weighted Index compounded at approximately12.9% annually. Adopting methods endorsed by earlier research, we evaluated 15 Taiwanese equity funds' performance relative to market averages using the Sharpe (1966) and Treynor (1965) ratios and Jensen's alpha method (1968). In testing market timing proficiency, we applied Treynor & Mazuy (1966) and Henriksson & Merton (1981) regression analysis methods. Jensen's alpha method (1968) was used to measure fund managers stock selection skills. The results of this study show that funds under-performed Taiwan's average annual market return significantly and demonstrates no exceptional stock-selection skills and market timing proficiency during the era of quantitative easing.en_US
dc.language.isoengen_US
dc.relation.ispartofInternational conference on Business and Economics (ICBE2016)en_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectPerformance evaluationen_US
dc.subjectQuantitative easingen_US
dc.subjectEquity fundsen_US
dc.subjectSharpe ratioen_US
dc.subjectJensen's alphaen_US
dc.titlePerformance of taiwanese domestic equity funds during quantitative easing (conferenceObject)en_US
dc.typeconferenceObjecten_US
dc.departmentMühendislik Fakültesi, Elektrik Elektronik Mühendisliği Bölümüen_US
dc.identifier.startpage391en_US
dc.identifier.endpage393en_US
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.description.wosidWOS:000386185800081en_US
dc.contributor.institutionauthorTan, Ömer Faruk
dc.description.woscitationindexConference Proceedings Citation Index- Social Science and Humanitiesen_US
dc.description.WoSDocumentTypeProceedings Paperen_US
dc.description.WoSPublishedMonthTemmuzen_US
dc.description.WoSIndexDate2016en_US
dc.description.WoSYOKperiodYÖK - 2015-16en_US


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