Database: Uncovering investment management performance using SPIVA data

We used balanced panel data with 17 time dimensions from 2000 to 2016 and 14 cross sections (representing the different fund style/size categories) from the SPIVA US Scorecard, resulting in a total of 238 observations. The datasets of SPIVA scorecards only starts from 2000 as no data available for pre-2000 period.
data is collected from the SPIVA US mid-year 2010 to the SPIVA US year-end 2016 reports, giving us semi-annual data from 12 SPIVA scorecards. The reason for using this time period is that the mid-year 2010 scorecard was the earliest one that is publicly available on the Standard and Poor’s website (Standard and Poor’s, 2017).