Listar por tema "G23"
Mostrando ítems 1-13 de 13
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A note on market timing: Interim trading and the performance of holdings-based and return-based measures
Eselvier (2015)Market timing is the ability of portfolio managers to anticipate stock market return by increasing (decreasing) portfolio sensitivity in upward (downward) markets. To assess market timing, the financial literature has ... -
Bitcoin: La nueva moneda virtual que está revolucionando el mundo de las divisas digitales
Universitat Jaume I (2014)Bitcoin es una moneda que en los últimos años ha tomado mucha importancia, aunque aún se considera una moneda digital en desarrollo. Por dicha importancia, mi objetivo en el presente trabajo ha sido explicar qué es el ... -
Evolución de la gestión del riesgo en el sector agrario español: De la economía preindustrial a los seguros
Sociedad Española de Historia Agraria (SEHA) (2020-08)Desde una visión a largo plazo (de los siglos modernos a la Guerra Civil) analizamos cómo el mundo rural se enfrenta a los riesgos imprevistos que provocaban graves pérdidas materiales. Para la Edad Moderna esta problemática ... -
Financial system and its contribution to climate change: sustainable finance as a leverage for change
Universitat Jaume I (2017-07-18)In the fight against climate change, companies and financial markets play a very important role. They are important as well as in managing the risks that this situation entails than in managing new opportunities for growth ... -
Institutional Inertia: Persistent Inefficient Institutions in Spain
Sociedad Española de Historia Agraria (2015-11)En 1966, después de 700 años, la comunidad de regantes de Mula (España) cambió de un sistema de subasta a un sistema de cuotas para distribuir el agua del rio. El cambio se produjo en ausencia de cambios políticos o ... -
Mutual fund performance and changes in factor exposure
Wiley (2022-03-21)In this article, we examine whether active mutual funds that markedly change their exposure to systematic risk factors subsequently outperform. We propose a new returns-based approach to assess the degree to which mutual ... -
Mutual fund performance: banking versus independent managers
Taylor & Francis (2011-09-09)We examine the performance of mutual fund managers for a sample of Spanish mutual funds considering data on active management, loads, size and the number of funds managed per manager. We find evidence of differences in ... -
On management risk and price in the mutual fund industry: style and performance distribution analysis
Palgrave Macmillan (2021-06-01)This study shows how investing in mutual funds involves an additional risk, which we call management risk as a consequence of the uncertainty in the results of active management. To address this issue, we analyze a sample ... -
Social entrepreneurship and social enterprises: alternative sources of financing
Universitat Jaume I (2017-07-17)Social entrepreneurship has taken a lot of strength in recent decades. Unlike traditional entrepreneurship whose main objective is to obtain economic benefits, this type of initiative is based on finding solutions to social ... -
Socially (ir)responsible investing? The performance of the VICEX Fund from a business cycle perspective
Elsevier (2016-02)We assess the performance of the VICEX Fund, which lies at the opposite end of the spectrum to socially responsible mutual funds (SRMF). This fund is morally controversial due to its higher return premium on investments ... -
Socially responsible mutual funds: a proposal of a stock market index for the Spanish market and comparative analysis
Universitat Jaume I (2015-07-15)The continued growth of the collective investment industry and in particular that of socially responsible investment funds (SRF) has given rise to a need for a tool that reflects the behavior of the price of these funds, ... -
The role of passive effects in the relationship between active management and short-term performance: Evidence from mutual fund portfolio holdings
Elsevier (2024)This study proposes a new method to measure active management in a given quarter based on the correlation between fund returns and the returns of a passively-managed synthetic portfolio emulating fund portfolio holdings. ... -
The sicavs in Spain
Universitat Jaume I (2020-07-17)This final degree work on SICAVs in Spain was based on a study of the functioning of a SICAV, highlighting its main characteristics such as its rules, regulations and the requirements that a company must have in order to ...