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Will Women Be Women?Analyzing the Gender Difference among Financial Expert

Beckmann, Daniela; Menkhoff, Lukas - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2008

There are robust gender differences in the domains of risk taking, overconfidence and competitionbehavior. However, as …

Persistent link: https://www.econbiz.de/10005867425

Does Culture InfluenceAsset Managers’ Views and Behavior?

Beckmann, Daniela; Menkhoff, Lukas; Sutō, Megumi - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2007

This research enters new ground by presenting comparative survey evidence on assetmanagers' views and behavior in the United States, Germany, Japan and Thailand.Relying on Hofstede's four cultural dimensions, we find that cultural differencesare most helpful in understanding country differences...

Persistent link: https://www.econbiz.de/10005867444

Italian Asset Managers’ Behavior:Evidence on Overconfidence, Risk Taking and Gender

Lütje, Torben; Beckmann, Daniela; Rebeggiani, Luca - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2007

being accompanied by excessive control illusion of the own information level. Assetmanagers’ risk taking reveals further … differences: Italian female professionals do not only assess themselves asmore risk averse than their male colleagues, they also … outperformed their peer group sofar. However, in case of underperformance, the risk of deviating from the benchmark makes …

Persistent link: https://www.econbiz.de/10005867476

The Use of Trading Strategies by Fund Managers:Some First Survey Evidence

Menkhoff, Lukas; Schmidt, Ulrich - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2005

fund managers:buy-&-hold traders behave fundamentally oriented, risk averse and less(over)confident than others. Momentum … traders appear as the least risk averse professionalsgoing aggressively with the trend.[...] …

Persistent link: https://www.econbiz.de/10005867593

The Rise of Fund Managers in Foreign Exchange:Will Fundamentals Ultimately Dominate?

Gehrig, Thomas; Menkhoff, Lukas - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2004

This paper analyzes the behaviour and motivation of fund managers in foreign exchangemarkets reflected in questionnaire evidence. We find that fund managers andFX dealers differ significantly. Fund managers rely more on fundamentals, basicallydue to their longer forecasting horizons, and reject...

Persistent link: https://www.econbiz.de/10005867605

To Be Good or To Be Better:Asset Managers' Attitudes Towards Herding

Lütje, Torben - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2004

herding managers' working effort, preferred sources of information andinvestment horizon. Additionally, their risk taking …

Persistent link: https://www.econbiz.de/10005867637

What Drives Home Bias?Evidence from Fund Managers' Views

Lütje, Torben; Menkhoff, Lukas - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2004

survey of fund managers reveals home bias for these sophisticated investorsin an unrestricted setting. Proximity, perceived informational advantage andhigher expected returns are confirmed as accompanying factors. In addition, thehome bias of equity managers is also related to institutional,...

Persistent link: https://www.econbiz.de/10005867638

The Impact of Experience on Risk Taking,Overconfidence, and Herding of Fund Managers:Complementary Survey Evidence

Menkhoff, Lukas; Schmidt, Ulrich; Brozynski, Torsten - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2004

. Higherrisk taking may be explained by a higher degree of overconfidence, less herding behavior, or alower degree of risk aversion …. Since the results concerning the relationship betweenexperience and risk taking in previous studies are rather contradictory …

Persistent link: https://www.econbiz.de/10005867642

The Use of Technical Analysis by Fund Managers:International Evidence

Menkhoff, Lukas - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2010

The use of technical analysis by financial market professionals is not well understood. Thispaper thus analyzes survey evidence from 692 fund managers in five countries, the vast majorityof whom rely on technical analysis. At a forecasting horizon of weeks, technical analysis isthe most...

Persistent link: https://www.econbiz.de/10005870741

Are Momentum Traders Different?Implications for the Momentum Puzzle

Menkhoff, Lukas - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2010

-term horizon, by a behavioural viewon the market and by a somewhat lower degree of risk aversion, whereas they are like otherfund …

Persistent link: https://www.econbiz.de/10009302618