Narrow search
Showing 1 - 10 of 15,676
Cover Image
Staatsfonds - "neue" Akteure an den Finanzmärkten?
Schalast, Christoph (contributor);  … - 2009
; Staatsfonds ; Außenwirtschaftsgesetz ; portfolioanalysis ; monetary reserve ; investment strategy ; foreign exchange … increasing thirst for information on the investment activities of Sovereign Wealth Funds, their legal environment and the …. Furthermore, concerns regarding transparency and investment activities of SWFs are discussed. The authors find no evidence for …
Persistent link: https://www.econbiz.de/10003816335
Cover Image
Sovereign Wealth Fund Investments and Stock Prices : The Effect of Target Industry and Location
Murtinu, Samuele - 2016
location of the investment (domestic versus cross-border investments) and on the target industry (strategic versus non … window around the SWF investment, cross-border investments have an average higher increase in stock price than domestic SWF … target country, fund type (SWFs vs. Sovereign Pension Reserve Funds), fund opacity, equity stake of the investment, the use …
Persistent link: https://www.econbiz.de/10013003372
Cover Image
Investor Sentiment and Momentum and Contrarian Trading Strategies : Mutual Fund Evidence
Cullen, Grant - 2011
opportunities for momentum (contrarian) traders. We form hypothetical zero investment portfolios of high (low) sentiment betas …
Persistent link: https://www.econbiz.de/10013121460
Cover Image
Are analyst trade ideas valuable?
Birru, Justin; Gokkaya, Sinan; Liu, Xi; Stulz, René M. - 2019
Using a novel database, we show that the stock-price impact of analyst trade ideas is at least as large as the impact of stock recommendation, target price, and earnings forecast changes, and that investors following trade ideas can earn significant abnormal returns. Trade ideas triggered by...
Persistent link: https://www.econbiz.de/10012120228
Cover Image
Sovereign Wealth Fund investments : the stock market reaction
Arcuri, Maria Cristina; Gandolfi, Gino - In: Asset management : strategies, opportunities and challenges, (pp. 179-199). 2019
Persistent link: https://www.econbiz.de/10013275770
Cover Image
Climate Sin Stocks : stock price reactions to global climate strikes
Stefano, Ramelli; Elisa, Ossola; Michela, Rancan - 2020
The first Global Climate Strike on March 15, 2019 has represented a historical turn in climate activism. We investigate the cross-section of European stock price reactions to this event. Looking at a large sample of European firms, we find that the unanticipated success of this event caused a...
Persistent link: https://www.econbiz.de/10012299288
Cover Image
What they did in their previous life : the investment value of mutual fund managers' experience outside the financial sector
Cici, Gjergji; Gehde-Trapp, Monika; Göricke, Marc-André; … - 2014 - This Draft: October 2014
from an investment perspective in that it provides managers with a stock picking and industry timing advantage. Fund … those of other industries. Moreover, the investment value of managers' prior work experience is greater for industries …
Persistent link: https://www.econbiz.de/10010410563
Cover Image
Overselling Winners and Losers : How Mutual Fund Managers' Trading Behavior Affects Asset Prices
An, Li - 2020
We link a seemingly biased trading behavior to equilibrium asset prices. U.S. equity mutual fund managers tend to sell both their big winners and big losers. This selling pressure pushes down current prices and leads to higher future returns; aggregating across funds, we nd that securities for...
Persistent link: https://www.econbiz.de/10012856415
Cover Image
Investor Sentiment and Mutual Fund Stock Picking
Chue, Timothy K.; Mian, G. Mujtaba - 2022
The active share of mutual funds drops significantly when investor sentiment is high, indicating that fund managers reduce their active stock selection and stay closer to their benchmarks during such periods. Our evidence is consistent with fund managers being sentiment-prone—challenging the...
Persistent link: https://www.econbiz.de/10013404707
Cover Image
Fund Flows, Liquidity, and Asset Prices
Kim, Minsoo - 2020
-to-market, profitability, and investment portfolio returns net of liquidity costs. The risk prices for the aggregate flow shocks are similar …
Persistent link: https://www.econbiz.de/10012849960