Faff,Gallagher and Wu (2005)in their research find that fund managers have been ________ to deliver superior returns through _________________,although there is evidence of value enhancement in the Australian equities asset class.

A) able; property acquisitions
B) consistent; superannuation funds
C) continuing; hedge funds
D) unable; tactical asset allocation

Question

Faff,Gallagher and Wu (2005)in their research find that fund managers have been ________ to deliver superior returns through _________________,although there is evidence of value enhancement in the Australian equities asset class.

A) able; property acquisitions
B) consistent; superannuation funds
C) continuing; hedge funds
D) unable; tactical asset allocation

Quizplus · Accepted Answer

Faff,Gallagher and Wu (2005)in their research find that fund managers have been unable to deliver superior returns through tactical asset allocation,although there is evidence of value enhancement in the Australian equities asset class.

Faff,Gallagher and Wu (2005)in Their Research Find That Fund Managers