<> "The repository administrator has not yet configured an RDF license."^^ . <> . . . "MARKET TIMING PERFORMANCE MEASUREMENT AND EQUITY FUNDS\r\nINVESTMENT MANAGER SELECTIVITY IN INDONESIA\r\nAT BEARISH CONDITION"^^ . "Abstrak\r\n\r\nCapital market as one of the pillars of the economy, which describes the economy of a\r\ncountry, need to be built and developed. Characteristics of investments in securities of one of\r\nthem is easy to set up its investment portfolio.\r\nToday, with the global financial crisis which the market is experiencing bearish conditions, ie\r\nthe price of stocks or other investment instruments has decreased very drastic in stock prices\r\nin BEI directly impact the value of portfolio equity funds.\r\nThus, the ability of investment managers posted positive returns during the global financial\r\ncrisis depends on the expertise of investment managers, namely expertise in terms of\r\nselectivity and market timing of investment instruments.\r\nProblems that would like raised in this study are:\r\n\"Is the equity fund investment manager in Indonesia have the ability to measure time in the\r\nmarket (market timing) and selecting (selectivity) good securities during bearish conditions?\"\r\nThe objective of this study was to measure the ability of investment managers in Indonesia in\r\nthe bearish period, during July to December 2008.\r\nThis study tested the ability of selectivity and market timing of mutual fund shares are\r\nactively traded in the period July to December 2008 using computer models of TreynorMazuy. Based on the estimated average value of α in the period of this study, showed that\r\nmanagers investment have the selectivity ability which can't increase return of equity funds\r\nand exchange-value estimate of a positive β2 (β2> 0), this implies the existence of market\r\ntiming ability of well investment managers that is equal to 10,218."^^ . "2012-01-14" . . . "Digital Library"^^ . . . . . . . . "Aria Aldini"^^ . "0611011043"^^ . "Aria Aldini 0611011043"^^ . . . . . . "MARKET TIMING PERFORMANCE MEASUREMENT AND EQUITY FUNDS\r\nINVESTMENT MANAGER SELECTIVITY IN INDONESIA\r\nAT BEARISH CONDITION (File PDF)"^^ . . . "abstrak.pdf"^^ . . . "MARKET TIMING PERFORMANCE MEASUREMENT AND EQUITY FUNDS\r\nINVESTMENT MANAGER SELECTIVITY IN INDONESIA\r\nAT BEARISH CONDITION (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "MARKET TIMING PERFORMANCE MEASUREMENT AND EQUITY FUNDS\r\nINVESTMENT MANAGER SELECTIVITY IN INDONESIA\r\nAT BEARISH CONDITION (Other)"^^ . . . . . . "preview.jpg"^^ . . . "MARKET TIMING PERFORMANCE MEASUREMENT AND EQUITY FUNDS\r\nINVESTMENT MANAGER SELECTIVITY IN INDONESIA\r\nAT BEARISH CONDITION (Other)"^^ . . . . . . "medium.jpg"^^ . . . "MARKET TIMING PERFORMANCE MEASUREMENT AND EQUITY FUNDS\r\nINVESTMENT MANAGER SELECTIVITY IN INDONESIA\r\nAT BEARISH CONDITION (Other)"^^ . . . . . . "small.jpg"^^ . . . "MARKET TIMING PERFORMANCE MEASUREMENT AND EQUITY FUNDS\r\nINVESTMENT MANAGER SELECTIVITY IN INDONESIA\r\nAT BEARISH CONDITION (Other)"^^ . . . . . . "indexcodes.txt"^^ . . "HTML Summary of #17551 \n\nMARKET TIMING PERFORMANCE MEASUREMENT AND EQUITY FUNDS \nINVESTMENT MANAGER SELECTIVITY IN INDONESIA \nAT BEARISH CONDITION\n\n" . "text/html" . . . " " . .