Persistence of Performance http://www.sec.or.th Empirical Paper Methodology Evidence Sharpe (1966) Spearman rank correlation Yes Jensen (1968) Jensen’s alpha No Grinblatt&Titman (1989,1992) Jensen’s alpha Yes
order to identify the characteristics of the stocks that funds hold, we rank Thai stocks based on dimensions that correspond to the 4-factor asset pricing model and classify them in to quintiles. For
common shares in Siam Future Development Public Company Limited and the tender offer for all the remaining shares in that company 17/05/2021 19:41 The Joint Investment in Mixed-use Project located on
, Thailand Equity fund Mixed fund Alternative investment fund Country concentration**Foreign investment asset class (TB) **Based on foreign direct investment (unit trust not included) Foreign investment of