Star Wars: The effect on fund flow due to a change in Morningstar’s star rating

Johansson, Anton
Karlsson, Adam
University of Gothenburg/Graduate Schooleng
Göteborgs universitet/Graduate Schoolswe
2016-10-04T12:42:17Z
2016-10-04T12:42:17Z
2016-10-04
MSc in Financesv
This paper examines whether a change in Morningstar’s star rating has any effect on fund flows within the Swedish mutual fund market. Using an event-­‐study approach on over 2000 Morningstar star rating changes over the period November 2009 to December 2015, we do not document statistically significant abnormal flow following a star rating change. This is in contrast to previous research within the US-­‐market.sv
http://hdl.handle.net/2077/47967
engsv
Master Degree Projectsv
2016:126sv
SocialBehaviourLaw
Fund Flowsv
Morningstarsv
Mutual Fundsv
Rating Changesv
Star Wars: The effect on fund flow due to a change in Morningstar’s star ratingsv
Text
Master 2-years
H2

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