Sökning: "U.S. Fund Performance"

Visar resultat 1 - 5 av 15 uppsatser innehållade orden U.S. Fund Performance.

  1. 1. Active versus passive: Does increased investments in passive funds have an effect on active fund performance?

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Elliot Corell; Jacob Hjelmstedt; [2022]
    Nyckelord :Index fund; Mutual fund; Passive investment; Active investment; Alpha;

    Sammanfattning : In recent decades, there has been a shift towards investing in passively managed funds. Grossman and Stiglitz (1980) describe in their theoretical paper how the share of uninformed investors is positively correlated to the utility of being informed. LÄS MER

  3. 2. FEES IN SUSTAINABLE MUTUAL FUNDS : The relationship between the return on sustainable mutual funds and the total expense ratio in the U.S. and Sweden

    Uppsats för yrkesexamina på avancerad nivå, Umeå universitet/Företagsekonomi

    Författare :Jonas Cheraghi; Adam Sundqvist; [2022]
    Nyckelord :Sustainable mutual funds; Mutual funds; Total expense ratio; Sustainable investing; Effective market hypothesis; Modern portfolio theory; Sharpe ratio; Tracking error; ESG; Management fee; EIKON; Sweden; USA;

    Sammanfattning : This thesis investigates the relationship between the total expense ratio and the 5-year performance to last month for sustainable mutual funds registered in Sweden and the United States. The increasing amount of mutual funds and the shift towards sustainability in the society gives cause to study the relationship between the total expense ratio and the performance of sustainable mutual funds rather than conventional mutual funds. LÄS MER

  4. 3. Value funds - is price what you pay and value actually what you get?

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Herman Ohlsson; Patrik Nilsson; [2022]
    Nyckelord :Asset Pricing; Factor Model; HML Factor; Value Investing; U.S Mutual Funds;

    Sammanfattning : This paper examines the consistency in exposure to the value factor of U.S. value funds in relation to their performance. We use data from the WRDS database from 2000 to 2021 and apply the Carhart 4-factor model on 71 funds. LÄS MER

  5. 4. Does the Rise of Passive Investors Facilitate Hedge Fund Activism? An Empirical Analysis of Target Firm Value and Operating Performance

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Jan Gunell; Philip Linderum; [2020]
    Nyckelord :Hedge Fund Activism; Passive Investors; Corporate Governance; Firm Value; Operating Performance;

    Sammanfattning : Recent years have witnessed a concurrent development in U.S. stock ownership with a growing presence of passive investors and an increasing activity of hedge fund activism. This thesis addresses the question whether this development is related, and more specifically, whether the growth of passive investors facilitates hedge fund activism. LÄS MER

  7. 5. Explaining the NAV Discount in REIT pricing - Evidence from the U.S.

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Jerry Aaltonen; Bowen Li; [2019]
    Nyckelord :REITs; Dynamic relationship; NAV discount; Closed-end fund puzzle; United States;

    Sammanfattning : This paper investigates the relationship between stock price and net asset value (NAV) for 71 real estate investment trusts (REITs) in the U.S. between Q1/1998 and Q4/2018. More specifically, by testing for cointegration, we look for evidence of a long-term equilibrium between stock price and NAV. LÄS MER