Financial regulation has recently focused on “too big to fail” institutions such as banks and insurance companies by assigning to some of them the designation of “systemically important”, which brings additional regulatory requirements on top of the traditional requirements. In 2015...

We conduct the first comparative analysis of the financial performance of European green, black (fossil energy and natural resource) and conventional mutual funds. Based on a unique dataset of 175 green, 259 black and 976 conventional mutual funds, the investigation contrasts the financial...

This study evaluates the performance of a selection of Alternative Investment Funds (AIFs), and Undertakings for Collective Investment in Transferable Securities Funds (UCITS) which followed a global geographic focus strategy during the period 2010-2016. These two fund structures are governed by...

Using survey evidence from European asset managers, we provide insights into their green bond investment activities and the factors that affect their investment decisions. We find that the majority of investors are actively invested in the green bond market via a variety of investment channels....

UCITS funds are mutual funds that are regulated by pan-European guidelines and can easily be distributed throughout Europe. We study the empirical performance of a survivorship bias-free sample of alternative UCITS funds. Most importantly, as alternative UCITS funds are often marketed as...

The aim of this study is to evaluate the financial performance of European socially responsible investment (SRI) funds for the period 1993-2012 in order to contrast whether there is a relationship between the application of social screening on investment decisions and the fund's financial...

We examine the transmission of monetary policy via the euro area investment fund sector using a BVAR framework. We find that expansionary shocks are associated with net inflows and that these are strongest for riskier fund types, reflecting search for yield among euro area investors. Search for...

We examine the transmission of monetary policy via the euro area investment fund sector using a BVAR framework. We find that expansionary shocks are associated with net inflows and that these are strongest for riskier fund types, reflecting search for yield among euro area investors. Search for...

We use a unique security-level data set to analyze correlations in bond trading of banks, their respective retail customers and their affiliated mutual funds. Matching banks' proprietary holdings with the holdings of their funds and their retail customers for the period 2009-2016 at the security...

The article presents the main features of one category of innovative financial products – exchange traded commodities (ETCs) and results of the analysis of the European market for ETCs. ETCs are products listed and traded on the stock exchanges and they offer investors returns based on various...