Essays about: "Closed-End Funds"

Showing result 1 - 5 of 14 essays containing the words Closed-End Funds.

  1. 1. Beyond Borders: Exploring Investor Sentiment and CCEF Prices

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ye Song Kim; Rouaa Kal Omar; [2023]
    Keywords : Closed-end country fund CCEF ; Investor Sentiment; Country Popularity;

    Abstract : We test the relationship between closed-end country funds (CCEFs) and their relationship with American investors' sentiments toward the respective home country of the funds during the years 2009 to 2021 which were met with adversaries such as COVID-19. Previous research regarding closed-end country funds was done in the 1990s and in the early 2000s, where the research discovered a positive relationship between CCEF price premiums and positive perception of a country. READ MORE

  3. 2. Decoding the Winning Strategy - An in-depth study of Swedish closed-end funds

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Fredrik Stenberg; Markus Albert; [2023]
    Keywords : Closed-end funds; predictability of stock returns; predicting investor targets; active ownership; Business and Economics;

    Abstract : The predictability of stock returns, prediction of buyout targets and value creation by activist owners are well-researched areas. However, Swedish closed-end funds' outstanding performance has received little attention. READ MORE

  4. 3. Unveiling the Cause of NAV-Discounts of Swedish Closed-End Funds

    University essay from Göteborgs universitet/Graduate School

    Author : Eleonor Harrysson; Joel Johansson; [2022-06-30]
    Keywords : Closed-end funds; NAV-discount; non-public holdings; portfolio concentration; ownership concentration; dividend yield; past performance; PCSE; panel data study;

    Abstract : Closed-end funds (CEF) have long been a crucial intermediary in the Swedish financial market by providing relatively inexpensive investment opportunities through their portfolio of public and non-public securities. Interestingly, although CEFs worldwide have been traded at a value below the cumulative value of their underlying portfolio, i.e. READ MORE

  5. 4. Listed Property Company Valuation

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Marcus Runström; Ludvig Eksandh; [2022]
    Keywords : Listed Swedish property companies; Closed-end fund puzzle; Noise trader model; NAV premium and discount; Property company valuation;

    Abstract : Among stock market participants, the existence and persistence of deviations between a property company's market capitalization and Net Asset Value are well-recognized. This deviation has a clear link to the premiums and discounts to NAV of closed-end funds, which is referred to as the closed-end fund puzzle in financial economics. READ MORE

  6. 5. Net asset value and and the valuation of Swedish closed-end funds : A quantitative study on the deviations from the net asset value of Swedish closed-end funds

    University essay from Jönköping University/IHH, Nationalekonomi

    Author : Max Mårtensson; Anton Johansson; [2022]
    Keywords : net asset value;

    Abstract : .... READ MORE