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Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Roman Poliakov
Russian Mutual Funds Managers Performance Evaluation
Economics
(Bachelor’s programme)
2018
In this paper, the managers’ skills of open mutual funds of shares are assessed. First, using the Jensens’ Alpha, the effectiveness of the investment activity of the funds is assessed. Further, with the help of bootstrap simulations, the manager's skills are assessed. One of the features of the work is the individual selection of the index for each fund, based on its strategy and the purpose of investment. The research database included weekly returns of 101 mutual funds and 16 indexes. The result of the study is the successful experience of using the methodology on Russian funds, as well as the generating a list of funds of Russia, whose managers have true asset management skills.

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