Do Foreign Investors Underperform? : An Empirical Decomposition into Style and Flows
This paper studies the trading behavior and performance of foreign investors with different management styles. The analysis uses a comprehensive Colombian data with complete transaction records and unique investor identification, and finds that the...
Main Authors: | Pedraza, Alvaro, Pulga, Fredy, Vasquez, Jose |
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/937231489425579792/Do-foreign-investors-underperform-An-empirical-decomposition-into-style-and-flows http://hdl.handle.net/10986/26344 |
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