Essays about: "fund market thesis"

Showing result 1 - 5 of 140 essays containing the words fund market thesis.

1. 1. Do Swedish fund managers create value? A study on the skill of fund managers of actively managed Swedish funds

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Charlie Blidén; Christoffer Wielbass; [2024]
   Keywords : Managerial Skill; Mutual Funds; Value Added; Crisis and No-Crisis; Green and Brown Funds;

   Abstract : This thesis investigates the performance and skill of fund managers in the Swedish mutual fund industry, challenging the traditional view that actively managed funds underperform the market. Utilizing a novel approach, the study defines skill as 'realized value added', which incorporates gross alpha and assets under management. READ MORE

3. 2. Navigating Private Equity Dynamics: An Agency Theory Perspective

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Andrea Bottinelli; [2024]
   Keywords : Private Equity Dynamics; Agency Theory; Market Evolution; Macroeconomic Impact; Co-investments;

   Abstract : The essence of the private equity industry lies in the intricate relationship between Limited Partners (LPs) and General Partners (GPs), intertwining financial elements with human interactions. This thesis employs agency theory to dissect the behaviors of the principal (LP) and the agent (GP), providing a comprehensive exploration of the current private equity landscape and impending market evolution. READ MORE

4. 3. ESG and Fund Performance Comparing Funds with Different Strategic Benchmarks

   University essay from

   Author : Jesper Carlsson; Erik Olofsson; [2023-07-03]
   Keywords : ESG; Efficient Market Hypothesis; Risk-Adjusted Return; Strategic Benchmarks;

   Abstract : This thesis aims to identify if there is a positive relationship between ESG and fund performance, and if this relationship is different depending on the strategic benchmark of the funds and how they differ between the given strategic benchmark. Four groups of funds connected to a specific strategic benchmark are divided based on their ESG score into a high ESG score group and low ESG score group. READ MORE

5. 4. A valuation of Swedish hedge fund performance

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Elis Grönqvist; Johan Wennerström; [2023-02-09]
   Keywords : ;

   Abstract : In this thesis we present annual returns of Swedish hedge funds sorted by investment strategies and investigate which strategy performs best and how the Fama-French factors: market premium, value premium and growth premium affect these returns. The Fama-French three-factor model is built on the Capital Asset Pricing Model which tries to describe the relationship between the expected return of an asset and the risk of the asset compared to the market. READ MORE

6. 5. Fragile Market: The impact of mutual funds on the corporate bond market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Noah Tvelin; [2023]
   Keywords : Corporate Bonds; Mutual Funds; Fire Sale; Liquidity; Covid-19;

   Abstract : This master's thesis investigates whether mutual funds can induce fire sales on the Swedish corporate bond market between August 2019 and August 2020 to determine whether mutual funds aggravated the COVID-19 crash, and if their solution to temporarily freeze withdrawals were a viable remedy. Moreover, the thesis addresses this question using a panel-data framework that includes mutual fund-specific variables, control variables suggested by previous literature, entity, and time-fixed effects, allowing the thesis to capture divergences between corporate bonds and months. READ MORE