“Do individual mutual fund investors behave pro-cyclically?” - An investigation on investor behavior.
No Thumbnail Available
Authors
Author (Corporation)
Publication date
2019
Typ of student thesis
Bachelor
Course of study
Collections
Type
11 - Student thesis
Editors
Editor (Corporation)
Supervisor
Parent work
Special issue
DOI of the original publication
Link
Series
Series number
Volume
Issue / Number
Pages / Duration
Patent number
Publisher / Publishing institution
Hochschule für Wirtschaft FHNW
Place of publication / Event location
Brugg-Windisch
Edition
Version
Programming language
Assignee
Practice partner / Client
Abstract
Based on experience the client assumed that its individual mutual fund investors behave pro-cyclically, i.e. they invest or change their investment strategy "upwards" (i.e. higher equity exposure hence more aggressive behavior) when market prices rise and divest or "lower" their investment strategy (i.e. lower equity exposure thus more conservative behavior) when market prices decrease.
Since the assumption has not been proven based on relevant evidence yet, the aim of the analysis was to investigate this assumption.
Keywords
Subject (DDC)
330 - Wirtschaft
Event
Exhibition start date
Exhibition end date
Conference start date
Conference end date
Date of the last check
ISBN
ISSN
Language
English
Created during FHNW affiliation
Yes
Strategic action fields FHNW
Publication status
Review
Open access category
License
Citation
KREUTZMANN, Nicola, 2019. “Do individual mutual fund investors behave pro-cyclically?” - An investigation on investor behavior. Brugg-Windisch: Hochschule für Wirtschaft FHNW. Verfügbar unter: https://irf.fhnw.ch/handle/11654/40723