Abdel-Kader, MG; Kuang, Y - 2007
This paper examines the performance of thirty Hong Kong mutual funds during the period from August 1995 to July 2005 …. The issues of risk-adjusted performance, selectivity, timing ability and performance persistence are addressed. We employ … weekly returns on the sample funds relative to the performance of the Hong Kong market benchmark. Treynor and Mazuy (1966)’s …