Mutual Fund Flows and Benchmark Portfolio Returns

Volume: 7 Number: 2 June 1, 2017
  • Joakim Kvamvold
EN

Mutual Fund Flows and Benchmark Portfolio Returns

Abstract

We examine trading caused by net flows to mutual funds invested at the Oslo Stock Exchange. Our results show that trading by index-linked mutual funds and actively managed funds are correlated with returns on different segments of the stock exchange. Neither investor sentiment, nor feedback trading explain this correlation. We argue that information cannot explain the results. Hence, we provide evidence that changes in demand matters for stock prices.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Joakim Kvamvold This is me

Publication Date

June 1, 2017

Submission Date

June 1, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 7 Number: 2

APA
Kvamvold, J. (2017). Mutual Fund Flows and Benchmark Portfolio Returns. International Journal of Economics and Financial Issues, 7(2), 236-242. https://izlik.org/JA64YZ32AT
AMA
1.Kvamvold J. Mutual Fund Flows and Benchmark Portfolio Returns. IJEFI. 2017;7(2):236-242. https://izlik.org/JA64YZ32AT
Chicago
Kvamvold, Joakim. 2017. “Mutual Fund Flows and Benchmark Portfolio Returns”. International Journal of Economics and Financial Issues 7 (2): 236-42. https://izlik.org/JA64YZ32AT.
EndNote
Kvamvold J (June 1, 2017) Mutual Fund Flows and Benchmark Portfolio Returns. International Journal of Economics and Financial Issues 7 2 236–242.
IEEE
[1]J. Kvamvold, “Mutual Fund Flows and Benchmark Portfolio Returns”, IJEFI, vol. 7, no. 2, pp. 236–242, June 2017, [Online]. Available: https://izlik.org/JA64YZ32AT
ISNAD
Kvamvold, Joakim. “Mutual Fund Flows and Benchmark Portfolio Returns”. International Journal of Economics and Financial Issues 7/2 (June 1, 2017): 236-242. https://izlik.org/JA64YZ32AT.
JAMA
1.Kvamvold J. Mutual Fund Flows and Benchmark Portfolio Returns. IJEFI. 2017;7:236–242.
MLA
Kvamvold, Joakim. “Mutual Fund Flows and Benchmark Portfolio Returns”. International Journal of Economics and Financial Issues, vol. 7, no. 2, June 2017, pp. 236-42, https://izlik.org/JA64YZ32AT.
Vancouver
1.Joakim Kvamvold. Mutual Fund Flows and Benchmark Portfolio Returns. IJEFI [Internet]. 2017 Jun. 1;7(2):236-42. Available from: https://izlik.org/JA64YZ32AT