[PDF] Top 20 Evaluating investment fund performance in Portugal

... In Portugal, the first legal instrument - Decree-Law 46302/65 (MFP, 1965) - on investment funds was enacted on April 27, 1965 established the general rules for exercising banking institution ... See full document

... F13 fund (category FAUE) obtains the best selectivity ability and the F21 fund (category FAUE) the best ability to predict the movements of the market 8 ... See full document

... 936 Investment Fund managers in Brazil, which also invited them to answer to the questions and ...sent in total to 861 different e-mails because for some assets it was not possible to obtain ... See full document

... to investment grade (IG) had as consequence stock exchange volatility mitigation, as shown by Morais & Portugal (2009) and Cavalcante ...(2008), investment grade status improves investment ... See full document

... ever in modern European history unfolded: the move was directed at both the property of the large business groups and at those sectors the revolutionary authorities considered to be “strategic” – in ... See full document

... variation in our ability to explain fund returns, which may explain our persistence ...our fund alphas regressions in each country as a control variable in our main cross-sectional ... See full document

... difficulties in understanding something new and so try to classify it into something more familiar or connect to pre-existent ...Tversky in Judgment under Uncertainty: Heuristics and Biases, mentions ... See full document

... structural fund programming period, ...cohesion in Portugal, showing a strong alignment with Europe’s 2020 Strategy, whose strategic priorities are growth, sustainable growth and inclusive ...that ... See full document

... mutual fund performance persistence and exploits this past returns’ predictive power through an investment ...hands” investment strategy presented in this thesis was developed by ... See full document

... hedge fund to understand the mismatch between the Sharpe Ratio and tailor-made ...flexibility in the choice of which sector of the return distribution is more focused, it is possible to address more ... See full document

... hedge fund index between the periods under analysis, ...investments in hedge fund indices are produced by hedge fund index products, or a tracker, and not directly by the indices themselves, ... See full document

... role in explain- ing the lack of scale-ability of fund investments in the ...mutual fund industry (Chen et ...style, in small and illiquid stocks are the most affected by scale, and the ... See full document

... current investment behaviour shows a propensity for short-term investments. In fact, when asked how important a company’s sustainability performance is for investors’ decisions, ...Additionally, ... See full document

... the performance of investment funds during the period 2006-2010, intending to comprise the portfolio performance’s dynamics before, during and after the present economic and financial crises ...categorize ... See full document

... but in today’s market investors who want to beat their performance combine other investment vehicles, including currency, commodities, derivatives contracts, absolute return funds, managed futures, ... See full document

... used in this article for the first time, it is provided here in Table 2 and we discuss some of its main features ...included in an Appendix to this paper the executive summary of Pereira and Andraz ... See full document

... plans in complementing the pensions provided by ...major investment in retirement-oriented financial ...the performance of personal pension plans in Portugal and to provide more ... See full document

... passively-managed fund, the fund manag- er doesn’t choose the investment securities, but se- curities are automatically chosen to match with the market or target ...This fund usually follows ... See full document

... mutual fund flows and concurrent market returns at daily ...trends in returns, although they overreact to negative returns immediately, by closing their positions in the ... See full document

... generates. In particular, it has been shown that the effectiveness of a guarantee instrument should be evaluated in terms of Financial and Economic ...increase in turnover and profit, employees, ... See full document