تلخیص
This paper investigates the timing abilities of Pakistani mutual funds for 55
open-end mutual funds on monthly data over the period of 2007-2014. The
results conclude that Pakistani mutual funds, in general exhibit marketing
and volatility timing skills which means they have the ability to alter their
portfolios in anticipation of market movements. The results suggest that
mutual funds perform effectively in timing the market, and by utilizing this
superior information, mutual funds are capable of adjusting their investment
according to market conditions.
Lubna Maroof, Attiya Yasmin Javid. (2016) Evaluating the Management Effectiveness in Market and Volatility Timing of Mutual Funds in Pakistan, , Volume-08, Issue-2.
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