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OverviewThe asset management industry is one of the essential sources of economic growth in a country since it functions as an intermediary between savings and investments. The asset management industry is also important for financial markets to ensure new funds and it helps investors to achieve their investment goals. Therefore, the aim of this study is to analyze the fund management industry in an emerging market. In this book, we first reviewed the fund performance measurement ratios and then evaluated these performance measures of mutual and pension funds in Turkey between 2010 and 2019 to determine whether the funds generate alphas (excess returns). The risk-adjusted performance measures (Sharpe, Treynor, Information, Jensen’s alpha, Sortino, and Omega ratios) were calculated to see if the funds generated excess risk-adjusted returns during the analyzed period. Full Product DetailsAuthor: Hakkı Öztürk , Tayfun ÖzkanPublisher: Peter Lang AG Imprint: Peter Lang AG Edition: New edition Weight: 0.342kg ISBN: 9783631879535ISBN 10: 3631879539 Pages: 260 Publication Date: 06 July 2022 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsASSET MANAGEMENT AND THE CASE OF TURKEY — DATA AND METHODOLOGY — FUND CATEGORY PERFORMANCE ANALYSIS — RESULTS — REFERENCES .ReviewsAuthor InformationTayfun Özkan is an executive board member at Asset Management Company in Turkey. He is also a part time lecturer in finance at Bahçes¸ehir University. Hakkı Öztürk is an associate professor of finance at Bahçes¸ehir University in Istanbul, Turkey. His areas of expertise include corporate finance, firm valuation, fundamental analysis, technical analysis and portfolio management. Tab Content 6Author Website:Countries AvailableAll regions |