Abstract
This paper presents an empirical analysis of the survival of mutual funds in Spain. The methodology used, Self-Organizing Maps, allows us to group mutual funds in survivor and non-survivor groups. The similarities and differences between the main features in each group determine the variables that explain the capacity of survival of the analysed funds. The results indicate that the variables that affect the disappearance of mutual funds are size, age, performance, volatility and the fees charged.
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Terceño, A., Fabregat-Aibar, L., Sorrosal-Forradellas, M., Barberà-Mariné, M. (2016). Mutual Funds Survival in Spain Using Self-Organizing Maps. In: León, R., Muñoz-Torres, M., Moneva, J. (eds) Modeling and Simulation in Engineering, Economics and Management. MS 2016. Lecture Notes in Business Information Processing, vol 254. Springer, Cham. https://doi.org/10.1007/978-3-319-40506-3_7
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DOI: https://doi.org/10.1007/978-3-319-40506-3_7
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