Narrow search
Showing 1 - 10 of 40,299
Cover Image
Investigating Investment Preferences of Institutional Investors toward ISE Companies
Kandir, Serkan Yilmaz - In: Istanbul Stock Exchange Review 11 (2011) 44, pp. 29-58
preferences of institutional investors toward ISE companies. Empirical analysis is performed by employing cross …, return-on-assets, dividend payment dummy and ISE-100 index dummy. Analysis results suggest that institutional investors … invest prudently in ISE companies. Institutional investors seem to prefer companies with big scale, low level of total risk …
Persistent link: https://www.econbiz.de/10010754633
Cover Image
Investigation of Prudent Investment Hypothesis in ISE
Kandir, Serkan Yilmaz - In: Journal of BRSA Banking and Financial Markets 3 (2009) 1, pp. 81-100
Aim of this study is to examine whether institutional investors pursue prudent investment policy in ISE. Empirical … invest prudently in ISE companies. Institutional investors seem to prefer companies with big scale, high level of return …
Persistent link: https://www.econbiz.de/10008464860
Cover Image
Constructing and Using Double-adjusted Alphas to Analyze Mutual Fund Performance
Kole, Erik; Brink, Reza - 2019
We propose a new approach for estimating mutual fund performance that simultaneously controls for both factor exposure and firm characteristics. This double-adjusted alpha is motivated by the recent findings that traditional Fama-French style factor models do not fully adjust returns for the...
Persistent link: https://www.econbiz.de/10012114782
Cover Image
Constructing and using double-adjusted alphas to analyze mutual fund performance
Kole, Erik; Brink, Reza - 2019
We propose a new approach for estimating mutual fund performance that simultaneously controls for both factor exposure and firm characteristics. This double-adjusted alpha is motivated by the recent findings that traditional Fama-French style factor models do not fully adjust returns for the...
Persistent link: https://www.econbiz.de/10012024029
Cover Image
Institutional investment in Central and Eastern Europe: investment criteria of Western portfolio managers
Köke, Jens - 1999
This study provides detailed evidence on the transistion state of Central and Eastern Europe (CEE) countries. It draws on data from a survey conducted among portfolio managers of Western investment funds thereby making use of the knowledge of experts in CEE markets. The approach of the study is...
Persistent link: https://www.econbiz.de/10010297635
Cover Image
The subsidy to infrastructure as an asset class
Andonov, Aleksandar; Kräussl, Roman; Rauh, Joshua - 2018
We investigate the characteristics of infrastructure as an asset class from an investment perspective of a limited partner. While non U.S. institutional investors gain exposure to infrastructure assets through a mix of direct investments and private fund vehicles, U.S. investors predominantly...
Persistent link: https://www.econbiz.de/10011903850
Cover Image
Can Time-Varying Currency Risk Hedging Explain Exchange Rates?
Bräuer, Leonie; Hau, Harald - 2022
Over the last decade foreign bond portfolio positions in US dollar assets have risen above the reciprocal US investor positions in foreign currencies. In periods of increased economic uncertainty, institutional investors hedge their international bond positions, which creates a net hedging...
Persistent link: https://www.econbiz.de/10013470324
Cover Image
Herds on green meadows: the decarbonization of institutional portfolios
Benz, Lukas; Jacob, Andrea; Paulus, Stefan; Wilkens, Marco - In: Journal of Asset Management 21 (2020) 1, pp. 13-31
We analyze an emerging sustainable trend in asset management: the decarbonization of institutional portfolios. By using broad institutional ownership data, we show that investors exhibit herding behavior in the sense of decarbonization. They are inclined to follow their own or other investors’...
Persistent link: https://www.econbiz.de/10014504000
Cover Image
Institutional investment in Central and Eastern Europe : investment criteria of Western portfolio managers
Köke, F. Jens - 1999
This study provides detailed evidence on the transistion state of Central and Eastern Europe (CEE) countries. It draws on data from a survey conducted among portfolio managers of Western investment funds thereby making use of the knowledge of experts in CEE markets. The approach of the study is...
Persistent link: https://www.econbiz.de/10011442996
Cover Image
The equity market implications of the retail investment boom
Beck, Philippe van der; Jaunin, Coralie - 2021
This paper quantifies the impact of Robinhood traders on the US equity market. Within a structural model, we estimate retail and institutional demand curves and derive aggregate pricing implications via market clearing. The inelastic nature of institutional demand allows Robinhood traders to...
Persistent link: https://www.econbiz.de/10012487631