María Vargas Magallón

Evaluation of performance and conditional information: the case of Spanish mutual funds

The performance of Spanish domestic equities improves considerably when diverse public information variables are taken into consideration. We have taken up to eight independent variables into consideration to evaluate the performance of a largely unexplored market over a broad horizon.

Empirical evidence of performance persistence in a relatively unexplored market: the case of Spanish investment funds

This study analyses the performance persistence of European equity funds in Spain. The use of parametric and non-parametric methodology, the originality of the ratio used to measure performance and the fact that this represents research into a relatively unexplored market are what make this such an attractive study.