Essays about: "investment management capm"

Showing result 1 - 5 of 9 essays containing the words investment management capm.

1. 1. Active versus Passive Investment : A China and Hong Kong comparison

   University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

   Author : Johanna Karlsson; Didrik Brinkestam Persson; [2020]
   Keywords : Active Investment; CAPM; China; Hong Kong; Index; Passive Investment;

   Abstract : Investors have been debating whether active or passive management is the better strategy for a very long time where the majority conclude passive investment the most beneficial strategy in terms of after cost. Due to limited research in emerging markets, this study examines whether active or passive management is the most remunerative strategy in mainland China and Hong Kong, considering the difference in attributes between the regions. READ MORE

3. 2. Equity valuation and the incorporation of investment risk: insights from sell-side analysts

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Tobias Bengtsson; Daniel Nylund; [2018]
   Keywords : Investment risk; Sell-side equity analysts; Equity Valuation; Analyst behavior;

   Abstract : This thesis explores how sell-side equity analysts incorporate investment risk into their valuations and analyses of common stocks. Interviews have been conducted with 20 Swedish analysts from 13 different institutions with the intention of gaining a deeper understanding of their behavior and thought processes. READ MORE

4. 3. Socially Responsible Investments : Are investors paying a price for investing ethically?

   University essay from

   Author : Ulrica Arvidsson; Ebba Ljungbergh; [2015]
   Keywords : Socially Responsible Investments SRI ; Ethical investments; Performance evaluation; Risk-adjusted performance; Carhart s four-factor model; Mutual funds;

   Abstract : The aim of this study is to evaluate the difference in performance and management fees between ethical and conventional mutual funds registered in Sweden. Our dataset consists of 49 ethical and 254 conventional funds, estimated on a 10-year period of time between January 2005 to January 2015. READ MORE

5. 4. Comparing the Volatility of Socially Responsible Investments, Renewable Energy Funds and Conventional Indices

   University essay from Umeå universitet/Företagsekonomi

   Author : Alice Annelin; [2014]
   Keywords : Volatility; Socially Responsible Investments; Renewable Energy Funds; GARCH; Correlations;

   Abstract : A growing concern among investors for social responsibility in relation to the business world and its effect on the environment, society, and government has increased and therefore different types of stock indices and funds that incorporate socially responsible ideals have been developed. However, a literature review revealed that there does not seem to be much information about the volatility of Green Funds or Socially Responsible Investments (SRI). READ MORE

6. 5. Equity Research Analyst Bias in Stock Recommendations

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Erik Ahl; Filip Hedin; [2014]
   Keywords : stock recommendations; recommendation bias; market efficiency; equity research;

   Abstract : We acknowledge the lack of empirical studies of equity research analysts' ability to generate abnormal returns on the Swedish stock market and the global absence of studies measuring performance throughout complete recommendation periods. A unique sample of 705 equity research analyst recommendations from 2004 to 2013 from leading Swedish investment banks ABG Sundal Collier, Carnegie, Nordea and SEB on the OMXS30 constituent stocks are studied in order to investigate whether analysts have better long-run predictive abilities in their sell relative to their buy recommendations. READ MORE