Essays about: "Actively managed equity funds"

Showing result 1 - 5 of 29 essays containing the words Actively managed equity funds.

1. 1. Is the Federal Reserve Causing Funds to Underperform? A causal machine learning analysis

   University essay from Lunds universitet/Statistiska institutionen; Lunds universitet/Nationalekonomiska institutionen

   Author : Willian Trindade Leite; Oliver Serenhov; [2022]
   Keywords : Causal inference; actively managed funds; passively managed funds; gradient boosting; double machine learning; Business and Economics;

   Abstract : Macroeconomic conditions heavily influence financial markets, and the leading corpus of theory in the field lays out some general principles observed by investors and asset managers alike. However, while the theory is sound, it is hard to measure how much effect these conditions have. READ MORE

3. 2. Active versus Passive fund performance : A quantitative study in risk-adjusted return between actively and passively managed equity funds from 2010 until 2021 including the COVID-19 pandemic

   University essay from Jönköping University/IHH, Nationalekonomi

   Author : Albert Karlsson; Samuel Krantz; [2022]
   Keywords : ;

   Abstract : The following paper is a quantitative study that examine whether actively managed equity funds have a higher risk-adjusted return than index funds. The study uses the performance measurement Sharpe ratio to determine the risk-adjusted return for the funds. The time-period of the examination was between January 2010 until December 2021. READ MORE

4. 3. A Blindfolded Monkey as Portfolio Manager

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Johan Åkerberg; Mattias Olsson; [2022]
   Keywords : The Efficient Market Hypothesis EMH ; random walk; intelligent investor; annual portfolio adjustment; Business and Economics;

   Abstract : This study aims to investigate whether chance can beat an actively managed equity fund during a ten-year period on the Swedish stock market. Since the stock market consists of fierce competition among investors, the EMH would suggest that stock price movements should not be far from reflecting all available information. READ MORE

5. 4. The Best of Ideas Fund

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Benjamin Hausel; Carl Möllerström; [2021]
   Keywords : Concentration; diversification; active equity mutual funds; Jensen’s alpha; Sharpe-ratio; regression analysis; risk-adjusted return; best of ideas; Business and Economics;

   Abstract : We evaluated a sample of 78 diversified Actively Managed Equity Funds (AMEFs) with domestic holdings in Swedish stocks, in terms of historically risk-adjusted returns during the time period 2015-01-01 - 2019-12-31. Furthermore, we split our sample of AMEFs into two market capitalisation categories: Large/Mid-capitalisation (LMC) and Small/Mid- capitalisation (SMC). READ MORE

6. 5. Are investors better safe than sorry? The impact of extreme losses in the return distribution on capital allocation in actively managed equity funds

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Ylvali Busch; Gustav Göransson; [2020]
   Keywords : Mutual funds; Actively managed equity funds; Fund flows; Extreme payoffs; Prospect theory;

   Abstract : In this paper, we show that capital flow to actively managed equity funds is dependent on past extreme negative return states of the fund. Specifically, we examine how an extreme negative monthly payoff impacts the investment flow of actively managed equity funds in the following year, adjusting for past performance and other fund characteristics. READ MORE