Outlines the development of risk management products, reviews relevant research and identifies reasons for their rapid growth. Reports a study of US public issues of securities from 1962 to 1998 which examines the introduction and longevity of various types; and analyses the issuers and leading...

Purpose – Real estate investors invest more and more cross‐border, but the valuation practices in the different countries are not similar. For investors it is good to know the difference in valuations between the countries, therefore this paper aims to investigate the valuation practices in...

Purpose – The purpose of this paper is to examine the issues faced by institutional investors looking to invest in the Central and Eastern European (CEE) region. In particular, the paper seeks to ascertain the views of practitioners on the reasons for undertaking CEE investment, the structures...

This paper aims at making a parallel between the evolution of Romanian and European investment funds, starting with the year 2000 and up to the present day. In the first part the evolution of investment funds (both open-end and closed-end) from the year 2000 and up to 2010 is presented, both at...

Purpose – The purpose of this paper is to examine the issues faced by institutional investors looking to invest in the Central and Eastern European (CEE) region. In particular, the paper seeks to ascertain the views of practitioners on the reasons for undertaking CEE investment, the structures...

Notes the “spectacular” growth of derivatives over the last 20 years and reviews previous research on the risk management policies and practices of corporations. Reports a survey of leading, non‐financial Canadian firms and compares it with previous studies. Shows the differences between...

Outlines previous research on the mutual fund industry and compares the characteristics of the US and European mutual fund markets using the structure‐conduct‐performance paradigm. Shows that the European industry is smaller, with more funds and more emphasis on fixed income, with the UK and...