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Many colleges and universities now offer student-managed investment fund (SMIF) courses where students simultaneously …
Persistent link: https://www.econbiz.de/10013005346
Recent literature indicates that a liquidity investment style – the process of investing in relatively less liquid stocks within the liquid universe of publicly traded stocks – has led to excess returns relative to size and value. While previously documented at the security level, we examine...
Persistent link: https://www.econbiz.de/10013115030
In this paper I document the heterogeneous response of investors to fund performance across Socially Responsible Investing (SRI) funds versus conventional funds. I first show that the Morningstar categorization of funds into socially responsible (static classification) versus conventional is...
Persistent link: https://www.econbiz.de/10012824052
A widespread concern in the investment industry is whether commonly used investment management fee arrangements encourage investment managers to act in their clients' interests. The value to managers of a one-period call performance fee is maximized by maximizing performance volatility. This is...
Persistent link: https://www.econbiz.de/10012929879
The perception about gold in India has come a long way from the days when its main function was to merely adorn and act as a status symbol. The emotional investment in the metal was so huge that parting with it seemed unthinkable. Consequently, it seldom yielded worthwhile returns. Now, however,...
Persistent link: https://www.econbiz.de/10014153003
The exchange-traded fund (ETF) market has become the most important development of the financial markets over the last decade. I show that the network of the ETF market — the linkages between ETFs based on portfolio weights — catalyzes the propagation of price dislocations, the gaps between...
Persistent link: https://www.econbiz.de/10013309878
I replicate an experimental design to document the disposition effect among a sample of Saudi fund managers and test the related sunk-cost predictions of Baucells and Hwang's (2014) MARA. My contribution to the extant literature is threefold: [1] studying prospect preferences of fund managers...
Persistent link: https://www.econbiz.de/10013028430
most commonly used (non-assessed) out-of-class assignment and in-class exams taken by individual students are the primary …
Persistent link: https://www.econbiz.de/10012979399
is especially true for students from quantitative-finance, MSF, business analytics or financial engineering programs … students at 3 schools, the following 7 factors are critical for designing and teaching such a course: strong motivation, a good …
Persistent link: https://www.econbiz.de/10013002039
It is crazy to teach business students both R and Python at the same time! It was my thought when asked to teach such a … course in 2020. However, after one-semester’s heavy struggle together with my students, I found that such a course is not … own lecture notes; 2) use concepts and formulae suitable for business students; 3) tons of in-class exercises; 4) use the …
Persistent link: https://www.econbiz.de/10013219362