Size and Performance: Evidence on Brazilian Multimarket Funds

Rodrigo Fernandes Malaquias

Size and Performance: Evidence on Brazilian Multimarket Funds

Rodrigo Fernandes Malaquias * §

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Universidade Federal de UberlAndia

Size and Performance: Evidence on Brazilian Multimarket Funds

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Abstract

This study aims to evaluate the effect of size on performance of Brazilian multimarket funds. The final sample is comprised by 231 funds covering 7,997 monthly observations in the period from January, 2009 to March, 2014. We employed multivariate regression analysis, with pooled data. Our research model also includes the following control variables: management fee, performance fee, and age. The main results show that size represents an important variable to address performance of investment funds in Brazil, and there are arguments about an optimal size for funds that operate in this market.

References

27 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Rodrigo Fernandes Malaquias. 2017. "Size and Performance: Evidence on Brazilian Multimarket Funds". Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 16 (GJMBR Volume 16 Issue C9).

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GJMBR Volume 16 Issue C9

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-C Classification JEL Code: D53

Submission ReceivedDecember 12, 2015
Peer Review Double Blind
Handling Editor
Accepted December 31, 2015
Published January 15, 2016

Version of record

v1.2

Issue date

January 26, 2017

Language

English

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Article Matrices

Total Score: 150

Country: Brazil

Subject: Global Journal of Management and Business Research

Authors: Rodrigo Fernandes Malaquias, Lucas Alves Duarte De Sarvas, Lynnea Naves Souza Oliveira (PhD/Dr. count: 0)

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