A study on the existence of mutual fund herding in the Philippines for the period 2003-2010
Date of Publication
2011
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Management of Financial Institutions
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management
Thesis Adviser
Camille Concepcion
Defense Panel Member
Rene Hapitan
Catherine Almonte
Milkos Zalameda
Abstract/Summary
This study aims to determine the presence of herding in the Philippines for the period 2003 to 2010 by first establishing using the Sias (2004) herding measure if the last quarter's mutual fund demand for a particular stock is correlated to the current quarter's mutual fund demand and determining if such correlation is attributed to herding or not. The other purpose is to identify the significance of herding on stocks to mutual funds managers and equity investors. The researchers learned that the mutual fund herding, statistically, does exist in the Philippines for the period 2003-2010. Despite this, the researchers are convinced that these findings are not encompassing, because of certain factors.
Abstract Format
html
Language
English
Format
Accession Number
TU21680
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
81 leaves ; 28 cm.
Keywords
Mutual funds--Philippines
Recommended Citation
Cheng, A. C., Go, S. P., Hong, J. G., & Tong, M. V. (2011). A study on the existence of mutual fund herding in the Philippines for the period 2003-2010. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/8496
