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Found 2 essays matching the above criteria.

1. 1. Market efficiency and index fund flow: An empirical study of the relationship between passive investment and broad-market efficiency

   University essay from Göteborgs universitet/Graduate School

   Author : Erik Larsson; Jacob Wergeland; [2020-07-08]
   Keywords : market efficiency; Hurst exponent; mutual fund flow; passive investments;

   Abstract : An observable rise in the popularity of index funds have caused the index funds to, in 2017, capture 20% of total fund assets globally. A cornerstone of such passive investment is a belief in an efficiently priced security market. This paper aims to relate index fund flows with market efficiency during the period 2000-2019. READ MORE

3. 2. Diversification possibilities in the Swedish financial markets - A correlation analysis of the returns of stock, bonds and real estate

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Navid Haddad; Jacob Wergeland; [2018-07-09]
   Keywords : ;

   Abstract : The purpose of this study is to analyse the risk-adjusted returns of Swedish stocks, Swedish fixed income gov.- bonds and real estate return over the last 8 years in combination with the time-varying aspects of the correlation between the asset classes. The method used is a time-series analysis of OMXS30, SWEGOVT115, and SX8600PI. READ MORE