publication . Other literature type . Article . 2018

Comparing the determinants of fund flows in domestically managed Malaysian Islamic and conventional equity funds

Othman, J.; Asutay, M.; Jamailan, N.;
  • Published: 08 May 2018
  • Publisher: Emerald
  • Country: United Kingdom
Abstract
Purpose This paper aims to provide an empirical evidence on the fund flows-past return performance relationship by also considering the management expense ratio, the portfolio turnover, the fund size and the fund age of Islamic equity funds (IEF) investors in comparison with conventional equity funds (CEF) investors. Design/methodology/approach By using panel data, the sample of Malaysian domestic managed equity funds is considered which comprises 20 individual funds from IEF and CEF from 2011 to 2013. Findings The results provide evidence that IEF investors have different factors when choosing funds in comparison with CEF investors. The study finds that the key...
Subjects
free text keywords: Strategy and Management, Accounting, Business and International Management, Economics, Bond fund, Portfolio, Expense ratio, Finance, business.industry, business, Empirical evidence, Equity (finance), Money market fund, Panel data, Fixed income
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publication . Other literature type . Article . 2018

Comparing the determinants of fund flows in domestically managed Malaysian Islamic and conventional equity funds

Othman, J.; Asutay, M.; Jamailan, N.;