[PDF] Top 20 The impact of hedge funds on financial markets since 1990

... before the current crisis) as Appendix 7 ...whereas the Citigroup World Government Bond Index did pretty well ...(+10.89%). The 6.04% volatility is smaller than the one for the ... See full document

... by the coherent market theory proposed by Vaga (1990), Ling, Ooi and Thao (2013) emphasized the importance of the investors’ beliefs on the housing market - good ... See full document

... Financial markets play an important role in the health and growth of world ...economies. Markets regulate the exchange of funds (capital, savings, investments) ... See full document

... interest of this paper stems from three strands ...measures the relation between fund inflows or outflow and last returns and conject that the flow-performance relationship is ...wish the ... See full document

... Finally, the cross-country contagion is only found in two countries: Belgium and ...ten of the twelve countries under review have demonstrated a significant impact on the day ... See full document

... The financial crisis that hit Europe in 2008 and lead to a request for an IMF assistance program for Portugal back in 2011, could show how the macroeconomic environment, that during this ... See full document

... as the main players in derivatives markets are financial institutions, the main risk they want hedge is the interest rate ...value hedge is often done by these ... See full document

... solve, since both theoretical and empirical literature on the nexus finance-growth is ...two financial markets: banking sector and stock market. The various financial ... See full document

... (1999), the dispute over the impacts of unified and divided government in the United States stems from a discussion that has been taking place in the literature since the ... See full document

... returns on public equity as a result of low interest rates, investors began to look to other more lucrative alternative asset classes in which to place their money such as PE and hedge ...in ... See full document

... and the Triodos branch in Belgium recorded a score of 100% in both 2007 and 2008, therefore, the basic objective of ethical banks, to have sufficient liquid assets in order to maintain a ... See full document

... capital markets. With the purpose of testing this learning hypothesis, Borgers et ...analysis of errors in analysts’ forecasts. All the methods confirmed that errors in expectations due ... See full document

... about the sources, the origins and the motivation of companies for providing poor quality financial ...incidence of accounting accruals may be an indicator of low ... See full document

... out the absence of small fractions of data within the period under ...analysis. The fact that we adopt the traditional methodology of the study of events, ... See full document

... measure of capital account ...considered the impact of both capital account openness and a change in openness and found a positive association to ...that the evidence of negative ... See full document

... over the years, and some have been proved to have attenuated with ...result of the market readjusting itself, after the predictable value of such anomalies has been exploited by market ... See full document

... education. The results reported in Table, namely regression (vi) and (v) show the results obtained when considering the higher education ...in the higher education subsample the FLI has ... See full document

... segmented markets, to be of interest for international investors stock markets are also required to display a minimum level of ...investigates the weak form efficiency of ... See full document

... focused on the particularities of the co-movement of international financial market in stressful ...periods, the linkages between international markets could suffer ... See full document

... years, the world financial system has been facing one of the biggest financial ...with the collapse of subprime mortgages having a tremendous impact in ...When ... See full document