Predictability of Korean Mutual Fund Performance

In this article, we examine the persistence in the performance of South Korean equity mutual funds between 1990 and 2023. South Korea has the second largest number of mutual funds registered globally after the US; it has more funds domiciled than the UK or Japan. The country is the world's 12th...

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Detalles Bibliográficos
Autores: Molero González, Laura, Trinidad Segovia, Juan E., Vidal García, Marta Esmeralda, Vidal García, Javier
Tipo de recurso: artículo
Fecha de publicación:2025
País:España
Institución:Universidad Europea (UEM)
Repositorio:ABACUS. Repositorio de Producción Científica
Idioma:inglés
OAI Identifier:oai:abacus.universidadeuropea.com:11268/16076
Acceso en línea:https://hdl.handle.net/11268/16076
Access Level:acceso abierto
Palabra clave:Inversión
Mercado financiero
Goal 8: Promote inclusive and sustainable economic growth, employment and decent work for all
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spelling Predictability of Korean Mutual Fund PerformanceMolero González, LauraTrinidad Segovia, Juan E.Vidal García, Marta EsmeraldaVidal García, JavierInversiónMercado financieroGoal 8: Promote inclusive and sustainable economic growth, employment and decent work for allIn this article, we examine the persistence in the performance of South Korean equity mutual funds between 1990 and 2023. South Korea has the second largest number of mutual funds registered globally after the US; it has more funds domiciled than the UK or Japan. The country is the world's 12th-biggest economy, in the following five years; it is set to make the 10th-biggest contribution to global growth, more than France or Italy and approximately the same as the UK. Using a daily return sample, we show a strong existence of performance persistence in the South Korean mutual fund market during the 33-year sample period included in our study. We find this result using a non-parametric methodology based on contingency tables checked by statistical tests, which show statistical significance at 1%.20252025-08-0420252025-01-0120252025-01-01journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/11268/16076reponame:ABACUS. Repositorio de Producción Científicainstname:Universidad Europea (UEM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:abacus.universidadeuropea.com:11268/160762026-06-11T12:41:27Z
dc.title.none.fl_str_mv Predictability of Korean Mutual Fund Performance
title Predictability of Korean Mutual Fund Performance
spellingShingle Predictability of Korean Mutual Fund Performance
Molero González, Laura
Inversión
Mercado financiero
Goal 8: Promote inclusive and sustainable economic growth, employment and decent work for all
title_short Predictability of Korean Mutual Fund Performance
title_full Predictability of Korean Mutual Fund Performance
title_fullStr Predictability of Korean Mutual Fund Performance
title_full_unstemmed Predictability of Korean Mutual Fund Performance
title_sort Predictability of Korean Mutual Fund Performance
dc.creator.none.fl_str_mv Molero González, Laura
Trinidad Segovia, Juan E.
Vidal García, Marta Esmeralda
Vidal García, Javier
author Molero González, Laura
author_facet Molero González, Laura
Trinidad Segovia, Juan E.
Vidal García, Marta Esmeralda
Vidal García, Javier
author_role author
author2 Trinidad Segovia, Juan E.
Vidal García, Marta Esmeralda
Vidal García, Javier
author2_role author
author
author
dc.contributor.none.fl_str_mv
dc.subject.none.fl_str_mv Inversión
Mercado financiero
Goal 8: Promote inclusive and sustainable economic growth, employment and decent work for all
topic Inversión
Mercado financiero
Goal 8: Promote inclusive and sustainable economic growth, employment and decent work for all
description In this article, we examine the persistence in the performance of South Korean equity mutual funds between 1990 and 2023. South Korea has the second largest number of mutual funds registered globally after the US; it has more funds domiciled than the UK or Japan. The country is the world's 12th-biggest economy, in the following five years; it is set to make the 10th-biggest contribution to global growth, more than France or Italy and approximately the same as the UK. Using a daily return sample, we show a strong existence of performance persistence in the South Korean mutual fund market during the 33-year sample period included in our study. We find this result using a non-parametric methodology based on contingency tables checked by statistical tests, which show statistical significance at 1%.
publishDate 2025
dc.date.none.fl_str_mv 2025
2025-08-04
2025
2025-01-01
2025
2025-01-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/11268/16076
url https://hdl.handle.net/11268/16076
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:ABACUS. Repositorio de Producción Científica
instname:Universidad Europea (UEM)
instname_str Universidad Europea (UEM)
reponame_str ABACUS. Repositorio de Producción Científica
collection ABACUS. Repositorio de Producción Científica
repository.name.fl_str_mv
repository.mail.fl_str_mv
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