Long-term persistence of low interest rates and a decline in attractiveness of investing in low-interest bank deposits generate additional demand for investments in investment funds. In such a situation, it is expected to have widespread use of the investment efficiency measures which take into...

Traditionally, U.S. and E.U. are the major economic forces in the world. Today, in the context of economic globalization, relations between the U.S. and E.U. continue to guide the world. Yet the economic crisis and the rise of third world countries are affecting their global share.

Investment funds are key institutions for understanding the dynamics of a country's financial wealth and for analysing the interaction between wealth owners and the macroeconomic policy management. This text has three fundamental objectives: firstly, it seeks to construct a profit proxy of the...

This paper studies the impact of major ECB monetary policy announcements on the portfolio allocation of euro area fund investors, using daily data between 2012 and mid-2016, a period that includes a variety of unconventional measures. We distinguish between active portfolio reallocation, driven...

Baigiamajame magistro darbe nagrinėjamas investicinių fondų valdymo vaidmuo plėtojant šalies ekonomiką augančios globalizacijos kontekste ir ekonominio klestėjimo sferoje. Akcentuojama rizikos kapitalo fondų reikšmė didinant šalies konkurencingumą kitų šalių atžvilgiu,...

Šiame baigiamajame bakalauro darbe bus formuojama plėtros strategija investicinių fondų valdymo paslaugai įmonei UAB „Finasta investicijų valdymas“. Darbo tikslas – suformuoti plėtros strategiją, kuri įmonei padėtų padidinti užimamą rinkos dalį. Siekiant rasti atsakymą į...

We study the impact of a liquidity shock affecting investment funds on the financing conditions of firms. The abrupt liquidity needs of investment funds, triggered by the outbreak of the Covid-19 pandemic, prompted a retrenchment from bond purchases of firms and a withdrawal of short term funds...

Investment funds hold a disproportionately larger fraction of domestic relative to foreign stocks. Stock market development and familiarity (language and distance) are considered key determinants for home bias. The literature neglects however that investors often invest in foreign funds...

Successive technical and organizational innovations have modelled the current structure and composition of the fishing industry. The market structure varies considerably between countries and the fish species they catch. There is a generalised global convergence towards an industrial-outsourced...

This paper empirically explores the impact of pension funds on market development. The goal of the paper is to link the credit rating of a country and the development of the financial market. At the same time, we will make a link between the structure and size of pension funds and the...