Business Commons^™

Is Portfolio Performance Related To Whether A Manager Has An Ivy League Education?, Jonathan Janos

Business/Business Administration

No abstract provided.

Performance Attribution: Are Sector Fund Managers Superior Stock Selectors?, Nicholas Scala

Business/Business Administration

Abstract:

Do equity sector fund managers outperform diversified equity fund managers? This paper examines this question during 2000-2009 by formulating simulated portfolios of Fidelity Select Sector Funds with weights similar to the sector weightings of actual multi-sector equity fund portfolios. The returns of the simulated portfolios were then netted against the actual portfolios to determine which outperforms. The results indicate that Sector Fund managers have superior stock selection ability, with one notable exception: the small-cap value investment style. Small-cap value multi-sector equity fund managers outperformed the simulated portfolios, indicating superior stock selection ability by fund managers in that category. Although …

Do Hedged Mutual Funds Hedge?, Steven Newton

Business/Business Administration

Mutual funds using hedge fund strategies, known as “hedged mutual funds,” have experienced rapid growth in recent years. In theory, these funds should provide a source of diversification for retail investors however the 2008 credit crisis negated the expected benefits of many equity diversifiers. Between 2004 and 2009, hedged mutual funds underperform hedge funds using similar strategies. In contrast, hedged mutual funds outperform the S&P 500 although funds with a market neutral strategy underperform the risk-free rate. These findings suggest that, when compared to a long-only equity strategy, hedged mutual funds offer retail investors improved performance in bear markets.

Investigating Efficiencies Of Long And Inverse Etf Pairs, Daren Pon

Business/Business Administration

No abstract provided.

The Financial Crisis 2010: The Role Of The Shadow Banking System, John Grogan

Business/Business Administration

The financial crisis of 2008 was the result of a number of factors affecting the global economy. Although the problems originated with subprime borrowers and the fear of loan defaults, several other factors contributed to the crisis. The Federal Reserve, rating agencies and the shadow banking system played significant roles in the 2008 collapse. The shadow banking in particular affected the financial crisis in unprecedented ways that magnified the problem and created a global credit crisis. The government sponsored entities Fannie Mae and Freddie Mac made loan guarantees and involved themselves in other questionable practices that the American taxpayers have …

Towards A Deeper Understanding Of The Use And Effectiveness Of Human Resource Dashboards, Roopa Shashikant Bhopale

Business/Business Administration

The goal of this thesis is to examine the factors which influence the effectiveness of human resource (HR) dashboards and the antecedents which motivate employees to use them. To do this, I have examined research on executive information systems (EIS) and dashboards and have developed models of the factors which lead to HR dashboard use and success. Looking to this idea that a dashboard is a relative of executive information systems, EIS literature was used to provide the factors in the models of dashboard use and success. In hopes of being able to develop more used and more effective dashboards, …

Bank Liquidity Management, Brendan Van Der Vossen

Business/Business Administration

No abstract provided.