Domestic and Foreign Mutual Funds in Mexico : Do They Behave Differently?

Do They Behave Differently?

Domestic and Foreign Mutual Funds in Mexico : Do They Behave Differently?
This paper utilizes a new dataset of foreign and domestic mutual funds in Mexico to assess their behavior and obtains three new findings. First, foreign mutual funds are more sensitive to global financial conditions and engage more in herding and positive feedback trading than domestic mutual funds, notably during episodes of market stress.... READ MORE...

Publication date: May 2015
ISBN 9781475589542
$18.00

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