Browsing BI Open by Author "Theodorsen, Hans Yngvar"
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Market timing ability of Norwegian mutual fund investors
Brænden, Erik; Theodorsen, Hans Yngvar (Master thesis, 2012-04-26)In this paper, we measure the timing ability of Norwegian mutual fund investors using a “performance gap”. We find evidence that equity fund investors between1996-2007 reduced their returns by 1.32% annually due to investor ...