Does gender of fund managers matter in Thai equity mutual fund performance?
Post by MSF Chula at Sunday, 23 December 2018 03:56 PM

This paper studies the gender of fund managers’ effect on Thai equity mutual fund performance. The sample of this research is Thai equity mutual funds that invest in domestic stocks from 2013 to 2015. We test the difference of sample means and employ Fama French three factors model to find the significance of abnormal return and we test different alpha by adding dummy both after fee and before fee. The result shows that there is no significant difference in term of performance between male fund managers and female fund managers both after fee and before fee. Moreover, we compare the performance of mixed team fund managers and single gender fund managers and the result shows that their performances both after fee and before fee are not statistically significant difference. Finally, we compare dominated male fund managers’ performance and dominated female fund managers’ performance that the result shows there is not statistically significant difference in term of performance.

Last updated at Sunday, 23 December 2018 03:56 PM