Performance of Malaysian bond funds: a DEA approach

Aminah Shari, and Soo, Wei King and Chua, Li Shiang and Lee, Su Shen and New, Yoke Kee and Ooi, Kean Soon and Ooi, Ai Yee and Siti Nur Aqilah Ab Wahab, and Nur Shahirah Azman, Performance of Malaysian bond funds: a DEA approach.

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Abstract

This study investigated the performance of the Malaysian Bond Funds during the period of 2009-2014. Several efficiency estimates of individual funds were evaluated by using non-parametric Data Envelopment Analysis (DEA). Other than that, two different approaches were employed to examine the variation of efficiency scores with changes in inputs and outputs. Hence, the DEA was used to estimate technical efficiency, pure technical efficiency, and scale efficiency for each fund. As a result, the findings retrieved from the research indicated that the RHB Asian Total Return was the leader by appearing the most on the efficiency frontier.

Item Type: Article
Uncontrolled Keywords: Bond fund , Efficiency , Data envelopment analysis
Subjects: H Social Sciences > HG Finance
Divisions: FACULTY > Labuan Faculty of International Finance
Depositing User: Noraini
Date Deposited: 22 Mar 2018 02:04
Last Modified: 22 Mar 2018 02:04
URI: http://eprints.ums.edu.my/id/eprint/19530

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