Tchamyou, Vanessa S.; Asongu, Simplice; Nwachukwu, … - 2018
idiosyncratic risk. The dataset is decomposed into five market fundamentals in order to emphasis the policy implications of our … to market risk exposure. Second, fund managers tend to raise (cutback) their risk exposure in time of high (low) market … risk exposure are catching-up with their counterparts with higher exposure to fluctuation in market conditions. The paper …