When the troubles in the subprime markets began surfacing 2007, developments unfolded rapidly in the European MMF industry. The industry suffered from asset price drops and investor redemptions. But the difficulties of the MMF industry also spread to the banking sector and contributed to general...

This article contributes to the literature on socially responsible investing (SRI) by discussing findings from an empirical comparative study of Scandinavian investors. The study draws attention to how contextual factors shape the principles and practices of SRI investors by using a wide range...

Purpose – This paper aims to consider the role of investment funds in the credit intermediation process and discuss various forms of systemic risk their involvement might give rise to. It concludes by drawing some conclusions on the policy challenges facing authorities charged with regulating...

Purpose – The purpose of this paper is to evaluate and compare performances of three Nordic (Sweden, Denmark, Finland) and three Baltic (Lithuania, Latvia, Estonia) exchanges. Design/methodology/approach – Portfolio performance is estimated using two different approaches: traditional...