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Purpose This study investigates the effect of global and domestic uncertainty on the dynamics of portfolio investment in 21 economies (mostly advanced and larger emerging economies) from 2001-2016. Design/methodology/approach Specifically, the evolution of the net portfolio equity investment...
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We propose a fund allocation strategy for a highly risk-averse investor based on pessimistic decision making to … risk measures. Its performance is better than common alternative trading strategies such as fixed weights, minimum variance …
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In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since the outcomes of primary studies are largely incomparable with respect to the magnitude of the effect, our analysis focuses on the direction and statistical significance of the...
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