Funds Flows and Returns: The Case of the Australian Equity ETFs

Gerasimos G. Rompotis
Additional contact information
Gerasimos G. Rompotis: Department of Economics, National and Kapodistrian University of Athens, Athens, Greece

Financial Economics Letters, 2024, vol. 3, issue 2, 26-39

Abstract: The relation between fund flows and returns in the Australian ETF industry is assessed in this study. Daily data from 43 equity ETFs over the period 2019-2023 are used. The main research objective is to accentuate whether past returns can predict future fund flows and in what way and vice versa. According to the results of the applied regression analysis, past flows and past returns can predict to some extent concurrent flows. This is also the case about concurrent returns. However, in both cases, the results are not unanimous and depend on the specification of the applied regression model.

Keywords: ETFs; Performance; Fund Flows; Australian Stock Market (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.anserpress.org/journal/fel/3/2/28/pdf (application/pdf)
https://www.anserpress.org/journal/fel/3/2/28 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bba:j00007:v:3:y:2024:i:2:p:26-39:d:340

Access Statistics for this article

Financial Economics Letters is currently edited by Ramona Wang

More articles in Financial Economics Letters from Anser Press
Bibliographic data for series maintained by Ramona Wang ().