Identifying and correcting misclassified South African equity unit trusts using style analysis

Abstract

Extracted from text ... Number 52 - Part 2 M Robertson*, C Firer** and D Bradfield*** Identifying and correcting misclassified South African equity unit trusts using style analysis *School of Management Studies, University of Cape Town, Private Bag, Rondebosch 7700, Republic of South Africa. ** To whom all correspondence should be adressed. School of Management Studies, University of Cape Town, Private Bag, Rondebosch 7700, Republic of South Africa. Email: cfirer@commerce.uct.ac.za ***Department of Statistical Sciences, University of Cape Town, Private Bag, Rondebosch 7700, Republic of South Africa. 1. Introduction To constitute a style, an investment philosophy should be held in common by some group of ..