However, while the explanatory power of the direct sentiment index is robust when used independently or collectively, the indirect sentiment measures can explain fund performance only when used along with other market factors. Originality/value Given the number of sentiment measures, it is critical to...
If the gross expense ratio is higher than the net expense ratio, then as an investor, you’re betting thatassets under managementwill grow enough to offset those expenses. If that’s not how the situation plays out due to poor performance, then waivers will be eliminated. The wider the spr...
While mutual funds are generally very transparent regarding their investments and assets under management, hedge funds are regarded as very secretive. By running GMM regressions on different indices of both fund types, the thesis determines which model extension is better suited for each index and ...
On persistence in mutual fund performance Journal of Finance (1997) Clarke, J., Khorana, A., Patel, A., Rau, P.R., 2004. Analyst behavior at independent research firms, brokerages, and... Cliff, M., 2004. Do independent analysts provide superior stock recommendations? Unpublished Working ...
However, the performance of the ESG market during the COVID-19 pandemic demonstrated that these markets were resilient to the crisis. During the COVID-19, investors and the general public became more aware of environmental concerns, thereby resulting in a greater demand for ESG stocks (...
Using actual returns data from 20 mutual funds, the statistic yields statistically significant results for many such pairwise comparisons of the ranked funds. It should be useful for other purposes as well, wherever Sharpe ratios are used in performance assessment. 展开 关键词:...
Comparing the performance of robo-advisors and Edward Jones is difficult because of the very different portfolios that you can invest in when using either service. One thing to consider is the much higher fee that Edward Jones charges compared to a robo-advisor. To match a robo-advisors' perf...
Here, we study stochastic evolutionary game dynamics in finite populations to systematically compare the evolutionary performance of reactive strategies, which only respond to the co-player's previous move, and memory-one strategies, which take into account the own and the co-player's previous move...
Jemstep was originally built for a do-it-yourself investor, and the company has remained true to the spirit of empowering clients and giving them tools to understand their financial situations and take action. The portal is a robust one-stop shop for account status, performance, reporting, trade...
The structural capabilities survey included 34 items related to clinic characteristics falling in four domains: (1) patient assistance and reminders (e.g. assistance of patient self- management); (2) culture of quality (e.g. frequent meet- ings on quality performance; (3) enhanced access (e....