Work detail

The Implications of the Financial Crisis on a Mutual Funds Investments in the Czech Republic.

Author: Mgr. Jan Bartas
Year: 2010 - summer
Leaders:
Consultants:
Work type: Finance, Financial Markets and Banking
Masters
Language: English
Pages: 85
Awards and prizes:
Link:
Abstract: In this thesis we examined the implications of the financial crisis from the September 2008 for investments into mutual funds in the Czech Republic. We compared this implication for worldwide, European and Czech mutual funds market. Using the linear regression (ordinary least squares) with dummy variables we proved that crisis had implication not just for the whole level of invested financial resources but for the structure of mutual funds market as well. We showed that the crisis occurred at the world and European markets between 3rd quarter of 2007 and 1st quarter of 2009 meanwhile between 3rd quarter of 2008 and 2nd quarter of 2009 at the Czech mutual funds market. We tested these hypotheses as well: 1) influence of stock share index on the price of equity funds, 2) influence of the short interest rate on the price of money market funds, 3) influence of the long term interest rate on the price of bond funds under the conditions of the Czech mutual funds market.

Partners

Deloitte

Sponsors

CRIF
McKinsey
Patria Finance