Narrow search
Showing 1 - 10 of 538
Cover Image
Do multi-sector bond funds pose risks to emerging markets?
Cortes, Fabio; Sanfilippo, Luca - 2020
Emerging economies in the post-crisis period increasingly saw portfolio debt inflows from a type of large international investment fund: Multi-Sector Bond Funds (MSBFs). These investors have lacked adequate representation in the literature. This paper constructs a new detailed database from...
Persistent link: https://www.econbiz.de/10012300674
Cover Image
Domestic and foreign mutual funds in Mexico : do they behave differently?
Xiao, Jasmine - 2015
Persistent link: https://www.econbiz.de/10011281191
Cover Image
A Panic-Prone Pack? : The Behavior of Emerging Market Mutual Funds
Gelos, Gaston - 2000
withdrew money one month prior to the events. The degree of herding among funds is statistically significant, but moderate …. Herding is more widespread among open-ended funds than among closed-end funds, but not more prevalent during crises than …
Persistent link: https://www.econbiz.de/10014403436
Cover Image
Domestic and Foreign Mutual Funds in Mexico : Do They Behave Differently?
Xiao, Jasmine - 2015
three new findings. First, foreign mutual funds are more sensitive to global financial conditions and engage more in herding …
Persistent link: https://www.econbiz.de/10014412105
Cover Image
Changes in the global investor base and the stability of portfolio flows to emerging markets
Brandao Marques, Luis; Gelos, Gaston; Ichiue, Hibiki; … - 2015
An analysis of mutual-fund-level flow data into EM bond and equity markets confirms that different types of funds behave differently. Bond funds are more sensitive to global factors and engage more in return chasing than equity funds. Flows from retail, open-end, and offshore funds are more...
Persistent link: https://www.econbiz.de/10011445594
Cover Image
The Asset Allocation of Emerging Market Mutual Funds
Disyatat, Piti - 2001
Benchmark following and portfolio rebalancing effects have often been cited when trying to explain international financial contagion phenomena. Using a dataset containing the country allocation of individual dedicated emerging market equity funds, we assess the relevance of mean-variance...
Persistent link: https://www.econbiz.de/10014403597
Cover Image
Transparency and International Investor Behavior
Wei, Shang-Jin - 2002
transparent countries. Herding among funds is somewhat less prevalent in more transparent countries. During the Asian and Russian …
Persistent link: https://www.econbiz.de/10014399556
Cover Image
Herd Behavior in Financial Markets : A Review
Sharma, Sunil - 2000
Policymakers often express concern that herding by financial market participants destabilizes markets and increases the … behavior in financial markets. It addresses the following questions: What precisely do we mean by herding? What could be the … causes of herd behavior? What success have existing studies had in identifying such behavior? And what effect does herding …
Persistent link: https://www.econbiz.de/10014399902
Cover Image
Are passive institutional investors engaged monitors or risk-averse owners? : both!
Yang, Yuanchen - 2021
We differentiate the effects of passive institutional investors, which mainly refer to index funds that adopt a passive portfolio strategy, on firms' innovation activities and innovation strategies. Relying on plausibly exogenous variation in passive institutional ownership generated by Russell...
Persistent link: https://www.econbiz.de/10012612334
Cover Image
International mutual funds, capital flow volatility, and contagion : a survey
Gelos, Gaston - 2011
Persistent link: https://www.econbiz.de/10009486299