Analysis of Islamic mutual funds performance in UK,Malaysia and Saudi Arabia (2003-2013)
My study is analysis of the performance of Islamic mutual funds in three countries UK, Saudi Arabia and Malaysiaover the period 31/1/2003 to 31/12/2013. The main question of the study is which country of these three countries have the best performance of Islamic mutual funds? I have got the the monthly performance of Islamic mutual funds in two countries which are Saudi Arabia and Malaysia and i analysed the data using STATA program by applying CAPM model , Market timing model and Sharpe and Treynor ratios (see the methodology file) I will also attache the results file for these two countries. For UK I have only the names of the Islamic mutual funds(i will attache thenames on excel sheet) but I havent got the data for UK so my requirement are :
1provide the data of UK Islamic mutual funds performance monthly based from 31/1/2003 to 31/12/2013.
2-analyse the performance of these Uk funds by applying the same models that i have applied for Saudi Arabia and Malaysia plus two models which are Fama & French and Carhart model ( i will attache excel file for these models factos SMB,HML,UMD)
3provide the table of results for the list of UK Islamic mutual funds which include the following:
-the mean for each fund
-the standard deviation for each fund
the CAPM beta and alpha for each fund
-the market timing beta and alpha
the beta values of SMB,HML,UMD for each fund
( see the results tables for Saudi Arabia and Malaysia )
3write the discussion about the whole results for all three countries in order to address the main question of the study.
4 the references should be 30 references at least from the following list or similar in terms of its ranking (Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Review of Finance, Journal of Banking and Finance, Journal of Business Finance & Accounting, Journal of Accounting )
Also i will attache word file to see an example of discussion and results Chapter in a previous dissertation paper and some journals to be used in references
note : i have one chapter for results and discussion