Characterising persistence of performance amongst South African general equity unit trusts

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dc.contributor.advisorFirer, Colinen_ZA
dc.contributor.authorCollinet, Lanceen_ZA
dc.date.accessioned2014-12-27T19:47:11Z
dc.date.available2014-12-27T19:47:11Z
dc.date.issued2001en_ZA
dc.descriptionBibliography: leaves 104-112.en_ZA
dc.description.abstractThis study analyses the relative performance of general equity unit trusts from 1980 to 1999, using a database that has been verified for accuracy and is free of survivorship bias. It characterises the behaviour of performance persistence in order to explain the conflicting results of previous persistence studies and to provide a framework for further research into the causes of persistence. This research shows that the relationship between past and future performance rankings is positive, but weak. The results of persistence studies are highly sensitive to the length of the holding period used to evaluate performance and to the time period covered in the analysis. As the holding period lengthens, the persistence studies are highly sensitive to the length of the holding period used to evaluate performance and to the time period covered in the analysis. As the holding period lengthens, the persistence results become more sensitive to the beginning date and ending date of the period under examination.en_ZA
dc.identifier.apacitationCollinet, L. (2001). <i>Characterising persistence of performance amongst South African general equity unit trusts</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Management Studies. Retrieved from http://hdl.handle.net/11427/10290en_ZA
dc.identifier.chicagocitationCollinet, Lance. <i>"Characterising persistence of performance amongst South African general equity unit trusts."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Management Studies, 2001. http://hdl.handle.net/11427/10290en_ZA
dc.identifier.citationCollinet, L. 2001. Characterising persistence of performance amongst South African general equity unit trusts. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Collinet, Lance AB - This study analyses the relative performance of general equity unit trusts from 1980 to 1999, using a database that has been verified for accuracy and is free of survivorship bias. It characterises the behaviour of performance persistence in order to explain the conflicting results of previous persistence studies and to provide a framework for further research into the causes of persistence. This research shows that the relationship between past and future performance rankings is positive, but weak. The results of persistence studies are highly sensitive to the length of the holding period used to evaluate performance and to the time period covered in the analysis. As the holding period lengthens, the persistence studies are highly sensitive to the length of the holding period used to evaluate performance and to the time period covered in the analysis. As the holding period lengthens, the persistence results become more sensitive to the beginning date and ending date of the period under examination. DA - 2001 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2001 T1 - Characterising persistence of performance amongst South African general equity unit trusts TI - Characterising persistence of performance amongst South African general equity unit trusts UR - http://hdl.handle.net/11427/10290 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/10290
dc.identifier.vancouvercitationCollinet L. Characterising persistence of performance amongst South African general equity unit trusts. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Management Studies, 2001 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/10290en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentSchool of Management Studiesen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.titleCharacterising persistence of performance amongst South African general equity unit trustsen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMBusScen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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