In, Francis; Kim, Sangbae; Ji, Philip I - In: Australian Journal of Management 39 (2014) 1, pp. 93-106
This paper investigates the timing abilities of Australian managed fund managers. To examine timing abilities, the … alternative timing measures, we find that top-ranked Australian fund managers have genuine timing abilities. In addition, the poor … Australian managed funds is mistakenly adjusted when the stock market improves. …