Essays about: "hedge mutual funds"
Showing result 1 - 5 of 15 essays containing the words hedge mutual funds.
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1. Dumb and Dumber: A Study of Capital Flows and Cross-sectional Mispricing
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This study analyzes the role of smart money and dumb money in relation to cross-sectional mispricing of stocks, measured using eleven well-documented asset pricing anomalies. Further, we investigate whether dumber money is present in the market by examining the relationship between retail investor capital flows and mispricing in the cross section of stocks. READ MORE
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2. The emerging public investments in private companies
University essay from Göteborgs universitet/Graduate SchoolAbstract : Start-up companies have primarily been financed by venture capitalists but have started to receive increased investments from public investors such as hedge funds, mutual funds and pension funds. In this thesis, we find that companies that receive both venture capital and public investments have a higher probability to undergo an initial public offering or exit through M&A. READ MORE
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3. Actively Managed Investments : A comparison of US hedge and equity mutual funds
University essay from Högskolan i Jönköping/IHH, FöretagsekonomiAbstract : Over the past years, the total assets under management among hedge funds and equity mutual fundshave increased significantly. The question from an investor point of view iswhich investment vehicle can provide the greatest return adjusted for risk. READ MORE
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4. Swedish Hedge Fund and Mutual Fund Performance during the Financial Crisis of 2008
University essay from Göteborgs universitet/Graduate SchoolAbstract : The purpose of the thesis is to study the respective performance of Swedish hedge and mutual funds during the financial crisis of 2008 to see which type of funds have the best performance during a crisis of this sort. A conditional four-factor model developed by Fink, Raatz and Weigert (2014) is used for the estimation of performance. READ MORE
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5. Fund Flow Risk and Cross-Sectional Asset Prices
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper documents that stocks whose historical excess returns have comoved more with mutual fund flows-have a higher fund flow beta (FFB)-earn higher future excess returns than otherwise similar stocks. We propose two hypotheses to explain this finding: First, funds may hedge the variance in their AUM by underweighing stocks with a high FFB, hence reducing the price of those stocks in equilibrium. READ MORE
