This paper examines herding, heterogeneity, and momentum trading of institutional investors in Israel across a broad … variety of financial assets. While previous studies typically focus on stocks only, we examine herding patterns, heterogeneity …

. Statistical analysis of the survey results reveals a short-term bias in fund managers' investment time horizons, herding, and self …

Based on a questionnaire survey the paper distinguishes between herding asset managers who try to be good and non-herding … asset managers who try to be better than their competitors. It provides evidence for reputational herding and discusses … herding managers\\\' working effort, preferred sources of information and investment horizon. Additionally, their risk taking …

finance. A broadly discussed behavioural bias is herding, i.e. the tendency of investors to imitate each others’ decisions …. Herding is a phenomenon with far-reaching implications for financial markets, but its importance becomes even larger if it is … undoubtedly herd, with the extent of herding being irrelevant to the price movements observed in the market. Managers herd …

Purpose – The purpose of this paper is to provide a review of theory and empirical evidence on herding behavior in … empirical and theoretical research have provided a significant insight on investor herding behavior. Research limitations … implications – The paper may need empirical methodologies to evaluate herding that address current limitations. Originality …

Using high frequency intraday data, this paper investigates the herding behavior of institutional and individual … investors in the Taiwan stock market. The study finds evidence of herding by both investors but a stronger herding tendency … higher pressure and among small stocks. These findings suggest that the herding of institutional investors speeds up the …

institutional investors impact such herding. In particular, the article looks at the impact of Foreign Institutional Investors flows … as well as mutual funds on herding. The work also looks at the the impact of index return and volatility on herding …

Herding behavior, which is investing in crowded stocks during a specific period, will push the target stocks' return … herding, we find that a zero-cost investing strategy of buying long and high and selling short and high is profitable. The … profits gained strategically through herding by individual investors are greater than those earned by institutional investors …