Prosiding National Conference YARSI 2020

Ossi, Ferli (2020) Prosiding National Conference YARSI 2020. Univ Yarsi, Jakarta. (Submitted)

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Abstract

This study aims to help beginner mutual fund investors in analyzing equity funds by knowing the characteristics of fund managers who tend to manage equity funds with outperforming performance and can minimize the total risk of the equity funds they have managed. The lack of knowledge on how to manage their funds is one of the reasons why investors choose equity funds. However, there is not a guarantee that the equity fund will have a better performance than the market. So that investors can suffer losses if they choose the wrong equity fund which was managed by the incompetent investment manager. This study uses a sample of 431 professional fund managers from 68 equity funds with outperforming performance in 2019. Using the method of multiple linear regression analysis and bootstrap method this study has the result that a fund manager who has an economic education or having a CFA certification, can increase the value of excess return and reduce the risk of the equity funds. But the more experienced fund manager tends to have a higher total risk and a lower value of the excess return. Meanwhile, there are insignificant results on the value of excess return and the risk of equity funds if the fund manager has a technical education background or completing his education in the top 10 universities in Indonesia.

Item Type: Other
Subjects: H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: KODEPRODI61201#Manajemen
Depositing User: Mrs. Ossi Ferli
Date Deposited: 14 Jul 2021 04:48
Last Modified: 14 Jul 2021 04:48
URI: http://repository.ibs.ac.id/id/eprint/2814

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