Showing 41 - 50 of 131,851
study an international home bias in fund manager selection in private equity. We find that limited partners overweigh their … investments with fund managers domiciled in the same geographical region by 45% on average. The home bias in local fund manager …
Persistent link: https://www.econbiz.de/10013237849
In this paper, we first document the growing importance of foreign-domiciled investment funds in countries' portfolio liabilities over time and then show empirical evidence that cross-border fund flows are coincident with asset price movements. To measure the external liabilities of countries to...
Persistent link: https://www.econbiz.de/10013489447
In this paper, we first document the growing importance of foreign-domiciled investment funds in countries' portfolio liabilities over time and then show empirical evidence that cross-border fund flows are coincident with asset price movements. To measure the external liabilities of countries to...
Persistent link: https://www.econbiz.de/10014287894
Persistent link: https://www.econbiz.de/10012258891
Persistent link: https://www.econbiz.de/10012124692
Persistent link: https://www.econbiz.de/10012204650
Persistent link: https://www.econbiz.de/10012253629
Credit rating agencies are frequently criticized for producing biased sovereign ratings. This article discusses how the home country of rating agencies could affect rating decisions as a result of political economy influences and cultural distance. Using data from nine agencies based in six...
Persistent link: https://www.econbiz.de/10011284918
countries, we investigate empirically if there is systematic evidence for a home bias in sovereign ratings. Specifically, we use … explained by the fundamentals of rated countries, our results provide empirical support for the existence of a home bias in … sovereign ratings. We find that the bias becomes more accentuated following the onset of the Global Financial Crisis and appears …
Persistent link: https://www.econbiz.de/10010480669
countries, we investigate empirically if there is systematic evidence for a home bias in sovereign ratings. Specifically, we use … explained by the fundamentals of rated countries, our results provide empirical support for the existence of a home bias in … sovereign ratings. We find that the bias becomes more accentuated following the onset of the Global Financial Crisis and appears …
Persistent link: https://www.econbiz.de/10010234188