Analyzing the Ability of Investment Managers in Equity Mutual Funds during the Covid-19 Pandemic in Indonesia

Mutual fund is one of the investment instruments widely used as an option. There are two essential things to be considered by Investment Manager a mutual manager: stock selection and market timing ability. The Covid-19 pandemic has caused many investors experience potential losses. Understanding will needed for determining which Managers perform well in managing equity fund, especially while dealing with pandemic. objective this study analyze ability timing, performance effect on Indonesia. This applies Fama net selectivity methods assess Treynor-Mazuy Henriksson-Merton models Sharpe, Treynor, Jensen's alpha also measuring performance. data processed per recognize each fund's Furthermore, research spans time periods: before following A dataset 104 funds from 2016-2021 been analyzed. findings show that only 9 12 have prior pandemic, respectively. According Treynor Mazuy model, there twelve during according model. Every outperformed benchmark. However, not all