Performance and persistence of Belgian mutual funds from 2010 to 2016

The evaluation of mutual fund performance and performance persistence is a central problem in finance research. Since the 1960s, many researchers have investigated mutual funds making use of different methodologies, mostly focusing on the US market. This thesis focuses on the Belgian mutual fund market, as mutual funds have an important place in the Belgian household investment market compared to the European average. A sample of 46 Belgian open-ended equity funds with a European investment focus is studied over the period of 2010 until 2016. Fund performance is evaluated using Jensen’s, Fama... Mehr ...