Essays about: "Investor Heterogeneity"

Showing result 6 - 6 of 6 essays containing the words Investor Heterogeneity.

  1. 6. Abnormal Returns in Closed-End Funds: A study on Industrivärden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Mandus Håkansson; Oscar Skog; [2010]
    Keywords : closed-end fund puzzle; abnormal returns; behavioral finance; discount; investor groups;

    Abstract : With a starting point in previous research on the Closed-End Fund Puzzle we look at data on Industrivärden’s portfolio and stock from 1996 to 2009. We find that an investment in Industrivärden has produced annualized excess returns of 3.31 percent above the returns of its holdings for the period 1996 to 2009. READ MORE