Narrow search
Showing 1 - 10 of 5,820
Cover Image
Software is Eating the World : Using Machine Learning to Analyze Private Equity Style Drift Toward Software
Stojkovski, Isabella; Braun, Reiner - 2023
levels are high. Both drifts negatively affect investment performance and potentially pose agency conflicts. These are more …
Persistent link: https://www.econbiz.de/10014258547
Cover Image
Downside Risk Optimization in Securitized Real Estate Markets
Kroencke, Tim Alexander - 2018
, most previous analysis has focused on regional diversification by applying the traditional mean-variance (MV) framework … appealing downside risk (DR) framework suggested by Estrada (2008), which applies a similar optimization algorithm as the MV … captures a more global perspective. The main findings are as follows: first, the return distributions are non …
Persistent link: https://www.econbiz.de/10012940623
Cover Image
The investment strategies of sovereign wealth funds
Lerner, Joshua; Bernstein, Shai; Schoar, Antoinette - 2009
This paper examines the direct private equity investment strategies across sovereign wealth funds and their relationship to the funds' organizational structures. SWFs seem to engage in a form of trend chasing, since they are more likely to invest at home when domestic equity prices are higher,...
Persistent link: https://www.econbiz.de/10008810286
Cover Image
Determinants of Sovereign Wealth Fund Investment in Private Equity
Johan, Sofia - 2011
This paper examines investment patterns of 50 sovereign wealth funds (SWFs) in nations around the world. We study investment by SWFs in 903 public and private firms over the period 1984-2009. As expected, we observe SWFs investments are more often in private firms when the market returns of...
Persistent link: https://www.econbiz.de/10013132319
Cover Image
Private Equity Investor Sentiment Around the World
Zhang, Minjie - 2017
levels of risk-taking. Such behaviors are robust when accounting for the prior investor sentiment. I also document the …
Persistent link: https://www.econbiz.de/10012945758
Cover Image
Investor Scale and Performance in Private Equity Investments
Dyck, I. J. Alexander - 2015
link to economizing on costly intermediation by avoiding fund-of-funds and investing directly. The bulk of the …
Persistent link: https://www.econbiz.de/10013036132
Cover Image
The liquidity cost of private equity investments : evidence from secondary market transactions
Nadauld, Taylor D.; Sensoy, Berk A.; Vorkink, Keith; … - 2017
This paper uses proprietary data from a leading intermediary to understand the magnitude and determinants of transaction costs in the secondary market for private equity stakes. Most transactions occur at a discount to net asset value. Buyers average an annualized public market equivalent of...
Persistent link: https://www.econbiz.de/10011962229
Cover Image
The effect of possible EU diversification requirements on the risk of banks' sovereign bond portfolios
Craig, Ben R.; Giuzio, Margherita; Paterlini, Sandra - 2020
their holdings to increase their portfolio diversification may be ineffective in reducing portfolio risk, including tail … European banks. In this paper, we evaluate the possible effects of these constraints on risk and diversification in the … analysis. We then analyse the risk and diversification in the sovereign bond portfolios of the largest European banks and …
Persistent link: https://www.econbiz.de/10012197781
Cover Image
The effect of possible EU diversification requirements on the risk of banks' sovereign bond portfolios
Craig, Ben R.; Giuzio, Margherita; Paterlini, Sandra - 2019
European banks. In this paper, we evaluate the possible effects of these constraints on risk and diversification in the … analysis. We then analyze the risk and diversification in the sovereign bond portfolios of the largest European banks and … country. Finally, we evaluate the effect of diversification requirements on the tail risk of sovereign bond portfolios and …
Persistent link: https://www.econbiz.de/10011992507
Cover Image
Investigation of the feasibility of including different cryptocurrencies in the investment portfolio for its diversification
Juškaitė, Lina; Gudelytė-Žilinskienė, Laura - In: Business, mangagement and economics engineering : BMEE 20 (2022) 1, pp. 172-188
for investment and for portfolio diversification. …Purpose - the main aim of this article is to identify cryptocurrencies suitable for investment and portfolio … diversification. Research methodology - the methodology of empirical research includes methods of scientific literature analysis …
Persistent link: https://www.econbiz.de/10013348770