Próba pomiaru efektywności funduszy inwestycyjnych w Polsce w latach 1999–2005

• Authors: Marcin Salamaga

Title variants

EN

AN ASSESSMENT OF MUTUAL FUNDS IN POLAND, 1999–2005

• Languages of publication: PL

Abstracts

EN

The paper assesses the success of mutual funds in Poland using measures including Sharpe ratio, Treynor ratio, Sharpe’s alpha, Jensen’s alpha. These ratios assess selectivity, which represents the stock picking skill of the fund manager, and the excess return over and above the return required to compensate for the total risk that manager tales. The data used in the paper is taken from the Polish Financial Market from 1999 to 2005.

Keywords

EN

SHARPE RATIO; MUTUAL FUNDS; INVESTMENTS

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
• Journal: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
• Year: 2011
• Issue: 873
• Pages: 95-107

Contributors

author

Marcin Salamaga

• Uniwersytet Ekonomiczny w Krakowie, Katedra Statystyki, ul. Rakowicka 27, 31-510 Kraków, Poland