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Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia

This study's objective is to identify whether the stock market and political stability have an influence towards the unit trust fund performance in two developed countries: US and Australia. The sample collected for this empirical study covered 20 years of data from 2002 to 2021. US and A...

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Main Author: Chow, Bridney Yi Ying
Format: Final Year Project Report
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2023
Subjects:
H Social Sciences (General)
HB Economic Theory
Online Access:http://ir.unimas.my/id/eprint/43766/1/Bridney%20Chow%20ft.pdf
http://ir.unimas.my/id/eprint/43766/
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spelling my.unimas.ir.437662024-06-11T04:15:34Z http://ir.unimas.my/id/eprint/43766/ Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia Chow, Bridney Yi Ying H Social Sciences (General) HB Economic Theory This study's objective is to identify whether the stock market and political stability have an influence towards the unit trust fund performance in two developed countries: US and Australia. The sample collected for this empirical study covered 20 years of data from 2002 to 2021. US and Australia are the countries chosen for this study. This study also considered gross domestic product (GDP), interest rate and inflation as the control variables. In this study, the Arbitrage Pricing Theory (APT), Capital Asset Pricing Model (CAPM), Modern Portfolio Theory, and Random Walk Theory is employed while descriptive analysis, Pearson correlation coefficient, panel unit root test, panel cointegration test, panel fully modified OLS (FMOLS), and granger causality test are utilised. The findings of this study from the perspective of Pearson correlation coefficient shows that the stock market and unit trust fund performance are positively correlated while the correlation between political stability and unit trust fund performance was shown to be negative. Then, in the panel cointegration test, it is shown that the stock market and political stability have no cointegration in the panel setting for the sample period. Moreover, panel fully modified OLS (FMOLS) found that both stock market and political stability have a positive correlation with the unit trust fund performance Universiti Malaysia Sarawak, (UNIMAS) 2023 Final Year Project Report NonPeerReviewed text en http://ir.unimas.my/id/eprint/43766/1/Bridney%20Chow%20ft.pdf Chow, Bridney Yi Ying (2023) Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia. [Final Year Project Report] (Unpublished)
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic H Social Sciences (General)
HB Economic Theory
spellingShingle H Social Sciences (General)
HB Economic Theory
Chow, Bridney Yi Ying
Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia
description This study's objective is to identify whether the stock market and political stability have an influence towards the unit trust fund performance in two developed countries: US and Australia. The sample collected for this empirical study covered 20 years of data from 2002 to 2021. US and Australia are the countries chosen for this study. This study also considered gross domestic product (GDP), interest rate and inflation as the control variables. In this study, the Arbitrage Pricing Theory (APT), Capital Asset Pricing Model (CAPM), Modern Portfolio Theory, and Random Walk Theory is employed while descriptive analysis, Pearson correlation coefficient, panel unit root test, panel cointegration test, panel fully modified OLS (FMOLS), and granger causality test are utilised. The findings of this study from the perspective of Pearson correlation coefficient shows that the stock market and unit trust fund performance are positively correlated while the correlation between political stability and unit trust fund performance was shown to be negative. Then, in the panel cointegration test, it is shown that the stock market and political stability have no cointegration in the panel setting for the sample period. Moreover, panel fully modified OLS (FMOLS) found that both stock market and political stability have a positive correlation with the unit trust fund performance
format Final Year Project Report
author Chow, Bridney Yi Ying
author_facet Chow, Bridney Yi Ying
author_sort Chow, Bridney Yi Ying
title Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia
title_short Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia
title_full Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia
title_fullStr Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia
title_full_unstemmed Influence Of Stock Market And Political Stability Towards The Unit Trust Fund Performance In Two Developed Countries: Us And Australia
title_sort influence of stock market and political stability towards the unit trust fund performance in two developed countries: us and australia
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2023
url http://ir.unimas.my/id/eprint/43766/1/Bridney%20Chow%20ft.pdf
http://ir.unimas.my/id/eprint/43766/
_version_ 1802981813731196928
score 13.211869

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