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This paper investigates investment performance of microfinance investment funds. The examined funds have recorded lower … revealed that investment in microfinance investment funds that focus especially on debt instruments represents an attractive … investors with a particular interest in the socially responsible aspect of investment into microfinance. …
Persistent link: https://www.econbiz.de/10010322191
The study investigates the mutual funds investment style in the Jordanian context. It uses monthly returns of five … a variable that account for momentum effect. These factors are used as benchmarks to investigate the investment style …. The results indicate that mutual funds returns tend to follow those of the market portfolio. In terms of investment style …
Persistent link: https://www.econbiz.de/10010289385
In this paper, a model of bounded rational investors investing their portfolio in a passive investment vehicle (e …
Persistent link: https://www.econbiz.de/10010323727
Die strategische Asset Allokation ist die für den langfristigen Anlageerfolg wichtigste Entscheidung eines Kapitalanlegers. Eine fundierte Entscheidung erfordert einen mehrstufigen, strukturierten Prozess. Der Anleger muss sich mit den realistischen Chancen des Kapitalmarktes und mit seinen...
Persistent link: https://www.econbiz.de/10010305678
United Kingdom and Sweden under the Gold Standard: under stable monetary regimes with clearly defined nominal anchors …
Persistent link: https://www.econbiz.de/10011604897
The emergence of the gold standard has for a long time been viewed as inevitable. Fluctuations of the gold … analyze agents' expectations between 1860 and 1890. The intuition is that the spread between gold and silver bonds issued by … requiring a premium to hold silver bonds indicating their belief that gold would eventually become the only metallic standard. …
Persistent link: https://www.econbiz.de/10010316773
them to mutualise their gold reserves in emergency situations. Gold reserve sharing was especially important in response to … union. But fortunes could change quickly, with emergency recipients of gold turning into providers. Because regional …
Persistent link: https://www.econbiz.de/10011605731
Currency debasement, defined as a loss of precious metal content (intrinsic value) of the circulating penny currencies over time, was a common feature in the monetary history of Europe, c. 1400–1900. Over the centuries the loss rate was sustained; between 1400 and 1900 A. D. the (south) German...
Persistent link: https://www.econbiz.de/10014521702
The fast growing EU market for investment funds is still characterised by a continuing relevance of national borders … markets foreign funds lack market success. A better integrated European market for investment funds would provide three kinds …
Persistent link: https://www.econbiz.de/10010298094
investment specialization patterns are linked. For example, the specialization in the early stage of enterprises' development … results reject models that assume independence of sources of funds and investment patterns. …
Persistent link: https://www.econbiz.de/10010260480