A typical hedge fund manager receives greater compensation when the fund has a strong absolute or relative performance. Asymmetric performance fees and fund flow-performance relationship may create incentives for risk-shifting, estimated in our study by the change in fund return volatility in...

Deep learning model has great potential and advantages in modeling the relations between stocks and helping trading on financial market. This paper studies the application of deep learning, reinforcement learning and graph neural network methods in portfolio optimization. A graph reinforcement...

With complex network methods to model the investor interaction relationship, the interactive patterns of online investors are studied through the motif structure of the investor interaction network in the stock forum, and we find that there is a dynamic mutual effect between investors'...