The aim of our research is to test for manipulation in the bond market, and to establish whether the practice of benchmarking investment funds encourages such interference. We analyse end-of-day and intraday trading data from the Borsa Istanbul Bond Securities Market between 2014 and 2018 along...

The use of technical analysis by financial market professionals is not well understood. This paper thus analyzes survey evidence from 692 fund managers in five countries, the vast majority of whom rely on technical analysis. At a forecasting horizon of weeks, technical analysis is the most...

This paper examines the puzzlingly high unexploited momentum returns from a new perspective. We analyze characteristics of momentum traders in a sample of 692 fund managers. We find that momentum traders are 'defined' by their short-term horizon, by a behavioural view on the market and by a...