E-Jurnal Manajemen Universitas Udayana
Vol 6 No 8 (2017)

Pengaruh Kinerja Manajer Investasi dan Kebijakan Alokasi Aset terhadap Kinerja Reksa Dana Saham di Indonesia

A. A. Sagung Putra Pradnya Paramitha (Fakultas Ekonomi dan Bisnis Universitas Udayana)
Ni Ketut Purnawati (Fakultas Ekonomi dan Bisnis Universitas Udayana)



Article Info

Publish Date
28 Jul 2017

Abstract

Mutual funds investment is indirect investment that apply the principles of portfolios diversification exist in the market. Applying the principles of portfolios diversification in the mutual funds can reduce loss-risk and in the long term can optimizing return that received by investor. Mutual funds are managed by professional hand, that makes limitation of direct investment can be solved. This research aims to know the effect Investment Manager Performance factor and Asset Allocation Policy factor partially to Equity Mutual Funds Performance in Indonesia. The number of the research samples are 40 equity mutual funds, that using census method in 3 years observation period. Research data analysis technique used multiple-linear regression. Research result states that Asset Allocation Policy partially have the positive and significant effect to Equity Mutual Funds Performance in Indonesia. Investment Manager Performance have the negative and significant effect to Equity Mutual Funds Performance in Indonesia.

Copyrights © 2017






Journal Info

Abbrev

Manajemen

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

E-Jurnal Manajemen (ISSN 2302-8912) aims to serve as a medium of information and exchange of scientific articles between teaching staff, alumni, students, practitioners and observers of science in accounting and business. E-Jurnal Manajemen editor receives scientific articles business strategy and ...