This paper compares the investment characteristics between foreign funds operating under Qualified Foreign Institutional Investors (QFIIs) in China and domestic Chinese funds and analyzes the firm-level drivers that influence their allocation choices. The analysis reveals that foreign funds have...

This paper examines the relationship between investor sentiment and G7 stock market returns. Using a range of investor sentiment proxies, including investor survey, equity fund flow, closed-end equity fund (CEEF) discount and equity put-call ratio, we examine if investor sentiment has a...