LEADER 03957nam  2200553I  450 
001 9910796602303321
005 20180416090853.0
010   $a1-78743-983-6
010   $a1-78743-799-X
035   $a(CKB)4100000003268143
035   $a(MiAaPQ)EBC5163027
035   $a(UtOrBLW)9781787437999
035   $a(NjHacI)994100000003268143
035   $a(EXLCZ)994100000003268143
100   $a20180416d2018      uy             0
101 0 $aeng
135   $aurun|||||||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 14$aThe Efficiency of Mutual Fund Families $eInsights from the Spanish Market /$fby Carlos Sanchez-Gonzalez (Universidad EIA, Colombia)
210  1$aBingley, England :$cEmerald Publishing,$d2018.
215   $a1 online resource (xxiii, 238 pages) $cillustrations
300   $aIncludes index.
311   $a1-78754-861-9 
311   $a1-78743-800-7 
320   $aIncludes bibliographical references.
327   $aFront Cover; The Efficiency of Mutual Fund Families: Insights from the Spanish Market; Copyright Page; Contents; List of Figures; List of Tables; About the Author; Preface; Acknowledgments; Part I. The Efficiency of Mutual Fund Families: Using a Slacks-based Measure; Chapter 1 Introduction to Part I; Chapter 2 Background; 2.1. Basic Concepts; 2.2. Basic DEA Models; 2.3. Applications to Financial Institutions; 2.3.1. Context of Study; 2.3.2. Review of Frontier Studies in Financial Institutions; 2.3.3. Discussion on the Production and Asset Approaches; Chapter 3 Model and Variables. 3.1. Multi-management Stages Model in a Mutual Fund Management Company (MFMC)3.2. Variables of the Model: The Case of the Spanish Market; Chapter 4 Data and Empirical Analysis: The Case of the Spanish Market; 4.1. Data; 4.2. Empirical Analysis; 4.3. Influence of the Variable-returns-to-scale on the Efficiency Rankings; 4.4. Robustness of the More Controversial Variables of the Model; Chapter 5 Conclusions and Summary of the Applications in the Spanish Market; Appendix A; Part II. Further Evaluation of Efficiency of Mutual Fund Management Companies; Chapter 1 Introduction to Part II. Chapter 2 Variations of the Slacks-based Measure (SBM) of Efficiency2.1. Basic Concepts of the New Measures; 2.2. Comparative Evaluation between the SBM Original Model and SBM Variation I; 2.3. Random Searches for Facets (Variation IV); 2.4. The Search for Locally Efficient Companies Applying Variation III; Chapter 3 Persistence in Funds Management Companies: Do the Best Winners and Losers Usually Repeat?; 3.1. Persistence Studies in the Mutual Fund Industry; 3.2. Methodology of Performance Persistence; 3.3. Empirical Results of Efficiency Persistence: The Case of the Spanish Market. Chapter 4 Conclusions and Summary of the Applications in the Spanish MarketAppendix B; References; Index.
330   $aGonzalez develops an innovative model that considers different management stages of mutual fund companies, overcoming the traditional dispute between the different approaches used in banking and insurance research.
606   $aFinancial services industry$xManagement
606   $aIndustrial productivity$xMeasurement
606   $aMutual funds
606   $aInvestments, Spanish
606   $aBusiness & Economics, Investments & Securities / Mutual Funds$2bisacsh
606   $aInvestment & securities$2bicssc
615  0$aFinancial services industry$xManagement.
615  0$aIndustrial productivity$xMeasurement.
615  0$aMutual funds.
615  0$aInvestments, Spanish.
615  7$aBusiness & Economics, Investments & Securities / Mutual Funds.
615  7$aInvestment & securities.
676   $a332.63/27
700   $aSanchez-Gonzalez$b Carlos$01487173
801  0$bUtOrBLW
801  1$bUtOrBLW
906   $aBOOK
912   $a9910796602303321
996   $aThe Efficiency of Mutual Fund Families$93706917
997   $aUNINA