喜报｜我院彭则之博士生合作论文被金融学权威期刊Journal of International Financial Markets, Institutions & Money接受发表

　　近日，商学院博士研究生彭则之的合作论文“Do Big Data Mutual Funds Outperform？” 被金融学权威期刊Journal of International Financial Markets, Institutions & Money （JCR一区，ABS三星）接受发表。

 

 

Abstract

　　The study aims to empirically evaluate the effectiveness of big data in aiding investors with their decision-making. Our findings indicate that big data funds do not exhibit superior performance compared to their human-managed counterparts. The big data factor utilized in the investment stra-tegies of big data funds does not enhance their stock-selection ability. Additionally, the performance of big data funds is not more persistent than that of traditional funds and is significantly influenced by fund managers’ skills, which shows that big data technology and AI algorithms cannot replace fund managers in decisions. Overall, these findings suggest that, thus far, big data technology has not yielded significant improvements in fund performance.

　　

作者简介　

 

 

　　彭则之，中山大学商学院2022级博士研究生，指导老师为张俊生教授，研究兴趣是大数据与公司财务，AI与公司治理，机器学习下的政策评估等。