REIT Performance From Real Estate Mutual Fund Holdings

The performance of REITs may determine the level of holdings in real estate mutual funds. My study combines the process of asset composition of REITs with the REITs contribution in real estate mutual fund portfolios. There is a 2% to 3% increase in REIT holdings when the dividend yield increases by 1%. The relationship is strongest during the tech bubble period. This will give the investment advisor a look into management of real estate related assets in their respective portfolios.

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A Study on Investment Decision of Investors With Reference to Penetration of Mutual Funds in India

Adhyayan A Journal of Management Sciences ◽

10.21567/adhyayan.v5i2.8815 ◽

2016 ◽

Vol 5 (2) ◽

Author(s):

Ratish C Gupta ◽

Dr. Manish Mittal

Keyword(s):

Decision Making ◽

Real Estate ◽

Mutual Funds ◽

Capital Markets ◽

Mutual Fund ◽

Financial Services ◽

Investment Decision ◽

Fund Industry ◽

Mutual Fund Industry ◽

The Impact

The Indian mutual fund industry is one of the fastest growing and most competitive segments of the financial sector. The extent of under-penetration in the market is a sore point with the financial services industry, with a large amount of savings being channelized into fixed deposits, gold and real estate rather than the capital markets. The mutual fund industry is yet to spread its reach beyond Tier I cities. The top fifteen cities contribute to 85% of the pie, with the remaining 15% distributed among other cities. The study seeks to determine the impact of decision making of investors on current situation of mutual fund industry.

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Pengaruh Risiko Sistematis, Market Timing, dan Ukuran Dana Terhadap Kinerja Reksa Dana Pendapatan Tetap Syariah di Indonesia (Periode 2014-2018)

Jurnal Ekonomi Syariah Teori dan Terapan ◽

10.20473/vol6iss201912pp2409-2421 ◽

2020 ◽

Vol 6 (12) ◽

pp. 2409

Author(s):

Febrita Kusumastiti ◽

Muhammad Nafik Hadi Ryandono

Keyword(s):

Mutual Funds ◽

Significant Influence ◽

Mutual Fund ◽

Market Timing ◽

Systematic Risk ◽

Coefficient Of Determination ◽

Fixed Income ◽

Fund Size ◽

The Relationship ◽

Regression Tests

The purpose of this study is to determine the effect of the systematic of risk, market timing, and fund size toward sharia fixed income mutual funds in Indonesia period 2014-2018 partially and simultaneously. This research uses a quantitative approach and uses multiple linear regression tests to determine the relationship between exogenous variables and endogenous variable. The result of this research shows that systematic risk and fund size are partially have significant influence to the sharia fixed income mutual funds performance. Meanwhile, market timing is partially have insignificant influence to the sharia fixed income mutual funds performance. While simultaneously, systematic risk, market timing and fund size have significant influence to the sharia fixed income mutual funds performance with the coefficient of determination is 31,9% while the remaining 68,1% is influenced by other variables not included in this research.Keywords: Sharia Mutual Fund Performance, Systematic Risk, Market Timing, Fund Size

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Sub-Par Performance In A Sub-Prime World? A Recent Comparative Performance Analysis Of Real Estate Mutual Funds Vs. Common Stock Mutual Funds

Journal of Business & Economics Research (JBER) ◽

10.19030/jber.v7i8.2323 ◽

2011 ◽

Vol 7 (8) ◽

Author(s):

James L. Kuhle ◽

Rafiqul Bhuyan

Keyword(s):

Real Estate ◽

Mutual Funds ◽

Mutual Fund ◽

Font Size ◽

Comparative Performance ◽

Mutual Fund Managers ◽

Fund Managers ◽

Equity Mutual Funds ◽

Real Estate Investments ◽

Real Estate Assets

Historically, little evidence has been found to suggest that real estate investments exhibit superior returns. Further, it appears that real estate mutual fund managers do not possess the ability to consistently beat benchmark averages. However, there have been mixed results for REITs indicating they might be characterized by inefficiencies that could be exploited by informed fund managers. In this analysis, we examine whether mutual fund managers who have concentrated in real estate assets have statistically outperformed other categories of equity mutual funds as well as the S&P 500 and various NAREIT Indexes.

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The Interaction of Market Risk and Idiosyncratic Risk on Equity Mutual Fund Returns

International Journal of Financial Research ◽

10.5430/ijfr.v10n6p1 ◽

2019 ◽

Vol 10 (6) ◽

pp. 1

Author(s):

John Murugesu ◽

Chandra Sakaran

Keyword(s):

Mutual Funds ◽

Mutual Fund ◽

Structural Equation ◽

Idiosyncratic Risk ◽

Market Risk ◽

Fund Manager ◽

Equity Funds ◽

Asset Class ◽

The Relationship ◽

Equity Mutual Fund

This study examines the importance of idiosyncratic and systematic risks in explaining equity fund returns in Malaysia. The level of market and idiosyncratic risk in a mutual fund depends on what asset class it invests in. Equity type asset classes are exposed to both systematic and idiosyncratic risk but research generally suggest that only systematic risk is relevant in mutual fund selection since idiosyncratic risk can be reduced through fund diversification. This study attempts to expand the insights of the risk-return relationship by providing additional evidence on the direct and indirect effects of investment risk on equity mutual fund returns. Employing partial least squares structural equation modelling (PLS-SEM), we also explore if idiosyncratic risk moderates the relationship between market risk and mutual fund returns. A sample of 150 Malaysian domestic equity mutual funds comprising of large, mid & small-cap equity funds were selected from the Morningstar website. The results indicate that market risk does not influence mutual funds returns but idiosyncratic risk has a significant and positive effect. Idiosyncratic risk is proxied by fund characteristics comprising of size, age, expenses and fund manager ability. This study shows that fund size, age or expenses are not significant and only the fund alpha which measures fund manager ability is relevant in predicting fund returns. The study also finds that the fund alpha moderates the influence of market risk on returns by changing the nature of the relationship from positive to negative.

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SURVEY ON ADVISOR INTELLIGENCE THROUGH PURCHASE PATTERNS AND SALES ANALYTICS

Asian Journal of Pharmaceutical and Clinical Research ◽

10.22159/ajpcr.2017.v10s1.19743 ◽

2017 ◽

Vol 10 (13) ◽

pp. 302

Author(s):

Gayatri K. Pradhan ◽

Sarath Gollapalli ◽

M Janakimeena ◽

Syedibrahim Sp

Keyword(s):

Mutual Funds ◽

Mutual Fund ◽

Exchange Traded Funds ◽

Data Points ◽

Investment Advisers ◽

Purchase Patterns ◽

Investment Advisor ◽

Insight Into ◽

Analyze Data

In mutual fund, an individual or a firm that is in the business of giving advice about securities to clients is an investment advisor. Investment advisers are individuals or firms that receive compensation for giving advice on investing in stocks, bonds, mutual funds, or exchange-traded funds. Investment advisors manage portfolios of securities. Advisors can use new cognitive and analytics capabilities to better understand their clients and needs and have a stronger ability to deepen relationships with a better portfolio. In this paper, we analyze data points foreach advisor, and distinguish the best prospects, obtain insight into their experience and credentials, and learn about their portfolio, in other words, to recognize the pattern of portfolio of the advisors. Such analysis helps the sales people to sell the fund company products to the suitable advisors based on the nature of the product they want to sell. This is done by investigating what kind of products advisors have been buying, and what kind of products they might be looking for. This helps to increase the sales of the products as sales people will be reaching the appropriate advisors.

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A Study on Factors Influencing Mutual Fund Portfolio Performance

International Journal of Corporate Finance and Accounting ◽

10.4018/ijcfa.2018070101 ◽

2018 ◽

Vol 5 (2) ◽

pp. 1-11

Author(s):

Medhanie Mekonnen ◽

Roger Mayer ◽

Wen-Wen Chien

Keyword(s):

Mutual Funds ◽

Mutual Fund ◽

Portfolio Performance ◽

Management Turnover ◽

Performance Expectations ◽

Equity Mutual Funds ◽

Portfolio Managers ◽

Fund Portfolio ◽

The Relationship ◽

Annual Fund

Mutual fund portfolio managers do not always meet performance expectations, resulting in loss of capital reserves. Out of 3,612 U.S. based open-ended mutual funds, the risk-adjusted performance of 2,890 (80%) failed to meet the S&P 500 performance between the year 2006 to 2016. Grounded in Markowitz's modern portfolio theory, this correlational study examined the relationship between mutual fund class type, portfolio turnover, fund longevity, management turnover, and annual fund risk-adjusted performance. Archival data were collected from 88 U.S. based equity mutual funds companies. The results of the multiple regression analysis indicated the model as a whole was able to significantly predict annual fund risk-adjusted performance for the 5-year period ending 2016, F (4, 83) = 3.581, p = .010, R2 = .147. In the final model, mutual fund class type and portfolio turnover were statistically significant with mutual fund class type (ß= .249, t = 2.302, p = .024) accounting for a higher contribution to the model than portfolio turnover (ß = .238, t = 2.312, p = .023).

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EXPRESS: Fooled by Success: How, Why, and When Disclosures Fail or Work in Mutual Fund Ads

Journal of Public Policy & Marketing ◽

10.1177/0743915620970905 ◽

2020 ◽

pp. 074391562097090

Author(s):

Joseph Johnson ◽

Gerard J. Tellis ◽

Noah VanBergen

Keyword(s):

Real Estate ◽

Mutual Funds ◽

Mutual Fund ◽

Past Performance ◽

Policy Makers ◽

The Real ◽

The Real Estate ◽

Hot Hand ◽

Performance Trends

Mutual fund advertisers often highlight their funds’ past returns albeit with an SEC mandated disclosure. To ascertain whether the SEC disclosure is effective and how it could be improved, the authors conduct seven experiments of individuals’ choices of mutual funds with ads touting past success plus disclosures. These experiments lead to several findings: First, current SEC disclosures do not work because investors fall prey to the hot hand bias and believe that past performance trends will continue. Second, while investors comprehend the content of the SEC disclosure, they misapply it. Third, an alternate stronger, less ambiguous disclosure effectively attenuates investors’ preferences for funds with longer (vs. shorter) performance runs. Fourth, the authors also show that only a disclosure that directly relates to the beliefs that give rise to the hot hand bias overcomes peoples’ tendency to chase returns. Fifth, these findings generalize to the real estate context. This is the only research that shows that when the SEC disclosure found in mutual fund ads is pitted against the hot hand bias, the hot hand wins out. Yet, a strongly worded disclosure has some success at debiasing individuals. Implications for policy makers, practitioners, and consumers are discussed.

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POLITIK HUKUM FUNGSI BANK SEBAGAI AGEN REKSADANA DI PASAR MODAL

Yustitia ◽

10.31943/yustitia.v5i1.64 ◽

2019 ◽

Vol 5 (1) ◽

pp. 141-154

Author(s):

Tri Setiadi

Keyword(s):

Risk Management ◽

Mutual Funds ◽

Free Trade ◽

Capital Market ◽

Mutual Fund ◽

Public Trust ◽

Large Impact ◽

Banking Institutions ◽

The Stability ◽

The Relationship

The politics of law in the field of Indonesian piracy associated with the function of banks as mutual fund agents in the capital market in the era of free trade must be able to accommodate the main objectives of regulating banking institutions, namely the stability of the banking institutions as described above. The involvement of banks as mutual fund agents must pay attention to risk management because mutual funds are investment products that have risks and can affect the relationship between the bank and its customers and have a large impact on public trust in the bank. The legal policy must be stated in the product of legislation that regulates banking and capital market investment in this case the involvement of banks in mutual funds. The law must be a guide in the relationship between banking institutions and society.

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The Relationship Between Service Quality and Consumer Satisfaction Link: Does Perceived Value Have a Mediating Effect? : An Evidence from Mutual Fund Company in Jakarta

Emerging Markets Business and Management Studies Journal ◽

10.33555/embm.v8i2.183 ◽

2021 ◽

Vol 8 (2) ◽

pp. 125-135

Author(s):

Ronald Marthin Hutagaol ◽

Firdaus Basbeth

Keyword(s):

Service Quality ◽

Mutual Funds ◽

Mutual Fund ◽

Consumer Satisfaction ◽

Perceived Value ◽

Mediating Effect ◽

Primary Data ◽

Fund Industry ◽

Mutual Fund Industry ◽

The Relationship

Despite the growing number of millennials and fintech having been present for some years now in mutual funds in Jakarta, the market share of PT PAM Indonesia has not increased. The number of unhappy customers reflected by the number of inactive customers has been increased to 43% of its total customers. due to the disappointment with the company’s services. This study is investigating the influence of service quality on consumer satisfaction and consumer perceived value as a mediating variable in mutual funds in Jakarta. This study contributes to the customer's perceived value literature by providing evidence in the mutual fund industry. To gather the primary data, in this study using a quantitative approach by sending a questionnaire to 100 millennials customers. SPSS software was used to analyze the satisfaction level in different locations and demographic factors, whilst SmartPLS3 was used to analyze the relationship between variables and to test hypotheses. The result showed that consumer perceived value mediates the relationship between service quality on consumer satisfaction. The findings suggest to retrieve customer satisfaction, the company must improve its service quality to meet consumer perceived value especially for the millennials in the mutual fund industry.

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Manager Tenure - Real Estate Mutual Fund (REMF) Versus Equity Mutual Fund Performance

Journal of Business & Economics Research (JBER) ◽

10.19030/jber.v11i1.7519 ◽

2012 ◽

Vol 11 (1) ◽

pp. 17

Author(s):

James L. Kuhle

Keyword(s):

Real Estate ◽

Mutual Funds ◽

Mutual Fund ◽

Fund Performance ◽

Font Size ◽

Mutual Fund Managers ◽

Fund Managers ◽

Equity Mutual Funds ◽

Overall Performance ◽

Real Estate Assets

Historically, mixed evidence has been reported suggesting that mutual fund managers exhibit superior returns based on the length of their tenure. Further, the result of tenure performance for real estate mutual fund managers has been reported with mixed results. Therefore, it is the purpose of this research to consider the effect of management tenure on the overall performance of various classes of equity mutual funds, including those funds that invest exclusively in real estate assets. These results are studied over periods of three, five, and ten-year manager tenure to determine if there is significantly better performance among various tenure groups.

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