Review of Article The short of it: Investor sentiment and anomalies Robert F. Stambaugh, Jianfeng Yu, Yu Yua Objectives: The authors studied the role of investor sentiment in explaining equity market anomalies in cross-sectional stock returns. They studied the impact of sentiment on anomalies exploited in U.S. equity long–short strategies, examining both the long and short strategies. The authors contemplated that sentiment may partly explain the returns to equity pricing anomalies. The authors
Words: 1908 - Pages: 8
TABLE OF CONTENT WHAT IS A HEDGE FUND? 1 WHAT GENERIC HEDGE FUND HAS SIMILAR LEVERAGE CHARACTERISTICS TO BANKS? 2 DO ALL HEDGE FUNDS HAVE A SIMILAR RISK PROFILE? IF NOT DESCRIBE THE TYPE OF RISK FACING EACH MAIN TYPE OF HEDGE FUND 3 More Risky 3 Moderate Risk 3 Risk-Avoidance 3 WHAT FINANCIAL RISKS LED TO FAILURE OF LONG-TERM CAPITAL MANAGEMENT (LTCM)? 4 WHY DID THE FEDERAL RESERVE OPT NOT TO SUPPORT LONG-TERM CAPITAL MANAGEMENT FINANCIALLY? 5 WHAT WERE THE ARGUMENTS IN FAVOUR
Words: 2410 - Pages: 10
market: Mutual Fund: Bangladesh security and exchange commission is concern about activities of Mutual fund. According to the Securities and Exchange Commission (Mutual Fund) Rules, 2001 SEC can registers mutual fund. Later on 16 March 2009 SCE established Mutual Fund and SPV department. At present one mutual fund is listed in the private sector. There are two types of mutual funds 1. Open- Ended Mutual fund 2. Closed-Ended Mutual Fund The list of mutual funds in Bangladesh is given
Words: 1174 - Pages: 5
CITY OF DAVIDSON MOTOR POOL FUND GENERAL JOURNAL JULY 1, 2006 - JUNE 30, 2007 Debits Credits 1. Cash Long-Term Advance From Enterprise Fund Transfers In 2,500,000 1,000,000 1,500,000 2. Land Buildings Equipment Automobiles Fuel and Supplies Cash 100,000 300,000 150,000 1,600,000 100,000 2,250,000 3. Due From Other Funds Operating Revenues-Charges for Sales and Services (3,800,000 Miles X $.32 Per Mile) 1,216,000 1,216,000 4. Fuel
Words: 277 - Pages: 2
Advisors: Burning Six Billion In Thirty Days Introduction: In September, 2006, a large-sized hedge fund named Amaranth Advisors LLC lost $4.942 billion in natural gas futures trading and was forced to close their hedge fund. Although Amaranth Advisors was not exclusively an energy trading fund, the energy portion of their portfolio had slowly grown to represent 80% of the performance attribution of the fund. Their collapse was not entirely unforeseeable or unavoidable. Amaranth had amassed very large
Words: 883 - Pages: 4
apply savings and investment products to meet those needs Introduction Investment is made possible when lump sum amount is available Insurance is a means wherein savings are made over a period of time to accumulate capital & arrive at Investible funds. So an Insurance advisor should advice on Insurance Products & also Financial Products. You will find Savings & Investment go hand-in-hand. In this context, let us understand various savings products available. For Your Information (FYI) People
Words: 305 - Pages: 2
We live today in a multi-polar world where immense financial and economic activity has resulted in wealth being amassed and destroyed on an unprecedented scale in different parts of the world. This dynamic has been driven by the effects of globalization and the structural shift between developed and emerging markets. The recent crisis in financial markets and the global geo-political situation has brought with it challenges which will require increased depth and understanding for the changing dynamics
Words: 894 - Pages: 4
Classification Not fixed classification Futures funds Event driven Relative value (arbitrage = riskless) Equity Funds of funds 1st 4 are named single manager funds, underlying investments that do not invest in another hedgefund last F: invest in a diversified groups of funds fund mortality – no of hedgefunds that …. average lifespan of hedgefund – 4.4 years hedgefund fees***** management fees: collected regardless of fund performance, usually 2% drawn from customer,
Words: 935 - Pages: 4
Integrated Case study AN ANALYSIS OF THE CASE MAN GROUP (A) January 2013 Integrated Case Study: Man Group (A) Contents Page Acknowledgements Executive Summary Chapter 1: Introduction 1 Chapter 2: Case brief 4 Chapter 3: Problem statement and Analysis 8 3.1 Problem statement for Man Group Plc (A) 3.2 Literature review 3.3 Proposed plan of analysis 3.4 Sources of data Chapter 4: Analysis and Findings
Words: 14208 - Pages: 57
just FYI.. Kripananda Chidambaram Fintotal Insights and Resources You can invest in gold through E-Gold, Gold mutual funds, Gold ETFs or gold bars and coins. Not to forget, many Indians buy gold jewelry that they will never use considering them as investment. Each of these has their own merits and demerits. * E-Gold Pros: 1. No recurring charges like expense ratio of mutual funds, ETFs involved. 2. Units as small as 1 gram can be redeemed for physical gold. 3. Greater price transparency. Cons:
Words: 402 - Pages: 2
