This paper investigates the investment performance of Malaysian Islamic equity funds and a matching sample of … timing and selectivity skills of fund managers. Our findings indicate that the Islamic funds do not match the performance of …

We propose the outperformance probability as a new performance measure, which can be used in order to compare a …

This paper studies the relationship between portfolio diversification and fund performance, based on an unexplored … performance. We do not find a significant relationship between geographical diversification and performance. These results partly …

We look into determinants (volatility, crises, sentiment and the U.S. ‘fear’ index) of herding using BRICS as our … sample. Investors herd selectively to crises and herding is a short-lived phenomenon. Herding was highest during the global … financial crisis (only China was affected). There was no herding during the European debt crisis and COVID. With regard to the …

We highlight herding of investors as one major risk factor that is typically ignored in statistical approaches to … portfolio modelling and risk management. Our survey focuses on smart-beta investing where such methods and investor herding seem … modelling herding risk which merit empirical analysis. This financial economists' perspective supplements the vast statistical …

implications for financial stability. Moreover, this phenomenon may be even more pronounced in times of crisis. Although herding is …

performance returns. Aggregate and cross-sectional effects, as well as predictive regression analysis to forecast the …

performance of that portfolio in real-life situation was examined during 1 January 2021 to 21 May 2021 assuming investments were … the performance of most of the in-demand mutual funds. It was also conjectured that this portfolio would be sustainable … the performance of this portfolio during the period 1 January 2021 to 18 October 2021 using the same previous data set. We …

offer a better risk-return trade-off than traditionally structured passive indices. Yet, research covering the performance … quantitative analysis of the performance of 145 EU-domicile SB ETFs over a 12 year period, from 30 December 2005 to 31 December … performance and risk. The measures chosen are the Annualised Total Return, the Annualised Volatility, the Annualised Sharpe Ratio …