... includes 75,790 fund-event quarters. Cash holdings represent the holdings of cash as a fraction of total net assets (TNA). Portfolio Liquidity is the weighted-average Amihud illiquidity ratio of all stocks in the fund's equity portfolio, weighted by the dollar amount invested. Fund flow is the quarterly...

...Asli Ascioglu; Kevin John Maloney Purpose The purpose of this paper is to trace the evolution of the Archway Investment Fund (AIF) at Bryant University from its founding in 2005 as a portfolio focused exclusively on US equities to a multi-asset program that incorporates US equities, non-US...

...Samar Ashour; Craig G. Rennie; Sergio Santamaria Purpose The purpose of this paper is to describe lessons learned from integrating student-managed investment funds (SMIFs) in finance education systems based on the case of the Raymond Rebsamen Investment Fund at the Sam M. Walton College...

... of the other named indices. © Emerald Group Publishing Limited 2016 Financial markets Fund management Investment funds Assets management Over the past few years, exchange-traded funds (ETFs) have experienced a remarkable development from being a mere niche product to becoming “one...

... and methodology. Our results are presented in Section 4 and a summary and conclusions follow in Section 5. Dr Daniel Huerta can be contacted at: huertade@cofc.edu © Emerald Group Publishing Limited 2015 Financial risk Financial investment Real estate Investment funds Following Lin...

... stocks (FF _{growth) of the same size but opposite BE/ME characteristic: © Emerald Group Publishing Limited 2015 Investment funds Stock returns Portfolio investment If the value premium (VP) exists as a function of risk, then market-based value investment}...

... for multiple countries. The findings confirm previously obtained results and highlight the fact that constrained Islamic Funds may not under-perform as per conventional portfolio theories. Performance measurement Islam Portfolio investment Capital Asset Pricing Model Investment funds Autoregressive...

... 2013 Financial markets Investment Financial forecasting Financial investment Investment analysis Investment funds Most ETFs are trading instruments that are structured to replicate the holdings, performance, and yield of their underlying index. On June 19, 2006, ProShares...

... and board compensation and examining potential explanations for this relationship. Eric Fricke can be contacted at: eric.fricke@csueastbay.edu © Emerald Group Publishing Limited 2013 Corporate governance Compensation Investment funds Boards of Directors United States of America...

...Jean L. Heck; Peter A. Ammermann; L.R. Runyon; Reuben Conceicao Purpose The purpose of this study is to develop an investment strategy designed both to enable student‐managed investment fund (SMIF) students to more quickly build out their portfolio at the beginning of the academic year and to give...

... Limited 2011 Sorting Z‐scores Students Investment funds Investments A common question arises in many investment courses or especially in student‐managed investment fund course. That question is how do you figure out what stocks to buy? The obvious answer might be to buy a diversified...

... Limited 2011 United States of America Bonds Investment funds Unit trusts Index investing is a strategy that attempts to approximate the performance of a broad market index. Indexing in bond funds is simply an extension of the concept of indexing which has become familiar for stock...

... of green ETFs. Omid Sabbaghi can be contacted at: omid.sabbaghi@udmercy.edu © Emerald Group Publishing Limited 2011 Corporate social responsibility Investment funds Ethical investment One, this study is the first to identify and examine the emergence of green exchange‐traded...

.../value This paper covers the longest period of sector funds market timing and is the only one that evaluates sector funds across business cycle. Economic cycles Investment funds Financial markets Hedging Edelen (1999) examines mutual funds and finds that unexpected cash flows into the fund...

... Beyer can be contacted at: beyers@uwosh.edu © Emerald Group Publishing Limited 2010 Financial markets Financial institutions Investment funds This paper examines market concentration, economies of scale, economies of scope, and the relative size of a particular fund, within a fund...

... investigated the effects of stock splits on individual securities, but it is believed, none has yet appeared studying the recent splits in iShares. Bid offer spreads Share prices Share values Investment funds Stock exchanges On June 9, 2005, share prices of the 12 iShare (ETFs) dropped to recognize...

... basis points (with a risk aversion parameter of three). If the SD is not large, the small risk premium keeps the NNP down as well. Hedging Investment funds Return on capital employed Assets valuation Skewness Kurtosis The uniform distribution is utility enhancing because the kurtosis...

... Larrymore can be contacted at: norris_larrymore@quinnipiac.edu © Emerald Group Publishing Limited 2009 Performance appraisal Fund management Investment funds Unit trusts Using the estimated monthly portfolio allocation weights from the style analysis procedure, we can define...

... 1994 to 1999. They examine several REIT portfolios with standard regression models and find a TOM effect and holiday effect, but find no January effect or Monday effect. Real estate Investment funds Calendar events Over the years researchers have analyzed the stock markets and identified...

... © Emerald Group Publishing Limited 2006 Investments Investment funds Religion Faith‐based funds tend to apply the toughest exclusionary screens for selecting stocks, especially in the area of moral values. Thus, there is a general perception that a faith‐based ethical investor has...