Browsing Department of Economics and Finance by Author "Vikstøl, Kristian Fjærbu Løhaugen"
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Are Active Norwegian Mutual Fund Managers Paid for Luck or Skill? : A New Approach to Distinguish Between Luck and Skill Among Active Norwegian Mutual Fund Managers
Vikstøl, Kristian Fjærbu Løhaugen (Master thesis, 2021)This thesis investigates whether the performance of actively managed Norwegian mutual funds is due to luck or skill. First, we measure the performance on aggregate and individual levels using the Carhart (1997) ...