Empirical comparison of Shariah-compliant vs conventional mutual fund performance

N Al Rahahleh, MI Bhatti - International Journal of Emerging Markets, 2022 - emerald.com
Purpose This paper investigates the performance of locally focused equity mutual funds
(LFEFs) in Saudi Arabia as compared with the performance of benchmark funds. More …

Mutual fund flows and returns dynamics: Investor preferences and performance persistence

G Galloppo, R Guida, V Paimanova - Research in International Business …, 2024 - Elsevier
We investigate the flow-performance relationship by the lens of the investor preferences,
applying a mutual fund dataset with an investment objective focused over European and US …

Islamic equity funds and stock market: dynamic relation and market timing during the COVID-19 outbreak

S Ben Khelifa, S Arsi - Journal of Economic and Administrative …, 2022 - emerald.com
Purpose This paper aims to explore the impact of the COVID-19 pandemic on the market
timing skills of Islamic equity funds in Asia, Europe and North America. Design/methodology …

Persistence of multidimensional time‐varying skills of fund managers: A comparison of conventional and Islamic equity funds

G Nabi, R Ur Rehman, R Ali… - Managerial and Decision …, 2024 - Wiley Online Library
This comparative study investigates the time‐varying skills of Shariah‐Compliant and
conventional equity fund managers in selectivity, volatility, market return, liquidity, and …

Do fund managers time implied tail risk?—Evidence from Chinese mutual funds

Z Ni, L Wang, W Li - Pacific-Basin Finance Journal, 2021 - Elsevier
This study shows that fund managers can time the market-wide implied tail risk using mutual
fund data from China. Managers tend to decrease the market exposure when the market …

Stock price crash risk: the role of systematic skewness

W Wattanatorn… - International Journal of …, 2022 - inderscienceonline.com
This study aims to explore an important determinant of stock price crash risk in an emerging
market, Thailand. Our results support an important role of systematic skewness on stock …

Cokurtosis and the ability of mutual fund managers

W Wattanatorn, C Padungsaksawasdi - Finance Research Letters, 2021 - Elsevier
In the present study we propose a new higher-order co-moment timing ability for fund
managers. Top-performing fund managers successfully time higher-order co-moments of …

Mutual Fund Performance: The Case of Saudi Arabia

N Al Rahahleh, MI Bhatti - Islamic Finance in the Modern Era, 2024 - taylorfrancis.com
This chapter investigates the performance of locally focused equity mutual funds in Saudi
Arabia, specifically in comparison to the performance of their benchmarks in the Saudi …

Market-Timing Skills in the Aftermath of COVID-19 Outbreak: Evidence from Islamic Funds

S Arsi, SB Khelifa - Financial Market Dynamics after COVID 19: The …, 2022 - Springer
The COVID-19 outburst triggered all activity sectors, altering even the financial markets
dynamics. And, the Islamic finance segment has not been spared. This chapter has a special …