Over time, new mutual fund volume varies across the states of the economy, and largely clusters in periods where the market is "hot". This phenomenon relates (i) to upcoming IPO-related investment opportunities, which correlate with the economic environment cross-sectionally, and (ii) to fund...

Purpose - Supplier segmentation provides companies with suitable policies to control each segment, thereby saving time and resources. Sustainability has become a mandatory requirement in competitive business environments. This study aims to develop a clustering-based approach to sustainable...

Mean-variance portfolio optimization models are sensitive to uncertainty in risk-return estimates, which may result in poor out-of-sample performance. In particular, the estimates may suffer when the number of assets considered is high and the length of the return time series is not sufficiently...

This study examines how the effect of uncertainty on capital investment varies between focused firms and conglomerate segments. One advantage of conglomeration is that it gives segments access to the conglomerate's internal capital market, making them less likely to be financially constrained....

The question that this paper raise in this paper is how to choose the best mix of countries to diversify internationally? They compare several methods of asset allocation from a Swiss perspective over the period 1988-2001.