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- © Vilnius University, 2002-2016
- © Brno University of Technology, 2002-2016
- © University of Latvia, 2002-2016
Article
MACRO AND MICROECONOMIC FACTORS OF INVESTMENT EFFICIENCY OF OPEN INVESTMENT FUNDS IN THE PERIOD OF 1997-2015
Grzegorz Mentel, Jacek Brozyna, Beata Szetela, Krzysztof Kompa
ABSTRACT. In the times of crisis, efficiency analysis and the ability to anticipate negative shocks play an important role, which in recent years, have not spared the global financial markets. The aim of this study is a compact characterisation of the macro- and microeconomic factors of the performance of Open Investment Funds over the years and to assess the effectiveness of selected market funds, stocks, bonds, monetary markets and balanced investment funds operating continuously in the period from 1 January 2000 to 30 June 2015 in the Polish market. The survey on efficiency funds has been conducted within the selectivity of common indicators and an assessment of the correlation of macro- and microeconomic factors .
KEYWORDS: investment funds, efficiency, investing, risk, financial market.
JEL classification: G14, H21, E44.