Economics & Sociology

ISSN: 2071-789X eISSN: 2306-3459 DOI: 10.14254/2071-789X
Index PUBMS: f5512f57-a601-11e7-8f0e-080027f4daa0
Article information
Title: Factors of Efficiency of Open Investment Funds in 1997-2015
Issue: Vol. 9, No 1, 2016
Published date: 03-2016 (print) / 03-2016 (online)
Journal: Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Authors: Grzegorz Mentel
Zuzana Horváthová
Keywords: investment funds, efficiency, investing, risk, European Union, uncertainty
DOI: 10.14254/2071-789X.2016/9-1/7
Index PUBMS: 0e1536ec-0297-11e8-94c4-fa163e5d4f72
Language: English
Pages: 101-113 (13)
JEL classification: G14, H21, E44

The deepening economic and financial crisis in 2011 highlighted a number of negative phenomena arising from the current state of development of world’s financial markets. The problems of the Euro area, the specter of its decay, and continuous rating downgrades of EU Member States undermined the confidence in the markets. This was also reflected on the example of the market of investment funds. A key element becomes a rapid identification of investment areas burdened with the largest and smallest exposure to price fluctuations in market factors. This paper identifies and characterizes important legal, fiscal, socio-economic factors and effectiveness of investing into the investment funds in 1997-2015, which apart from strictly micro- and macroeconomic aspects are of considerable importance in this area.