Suchergebnisse
Filter
16 Ergebnisse
Sortierung:
SSRN
Managerial Incentives in the Mutual Fund Industry
SSRN
Double-Adjusted Mutual Fund Performance
In: Review of Asset Pricing Studies, Forthcoming
SSRN
Working paper
Can information be locked up? Informed trading ahead of macro-news announcements
Government agencies routinely allow pre-release access to information to accredited news agencies under embargo agreements. Using high-frequency data, we find evidence consistent with informed trading during embargoes of Federal Open Market Committee (FOMC) scheduled announcements. The E-mini Standard & Poor's 500 futures' abnormal order imbalances are in the direction of subsequent policy surprises and contain information that predicts the market reaction to the policy announcements. The estimated informed trades' profits are arguably large. Notably, we find no evidence of informed trading prior to the start of FOMC news embargoes or during lockups ahead of nonfarm payroll, US Producer Price Index, and gross domestic product data releases.
BASE
Customers as Friendly Shareholders: Uncovering the Complex Mutual Fund-Broker Relationship
In: Management Science, Forthcoming
SSRN
Working paper
Surviving the Fintech Disruption
In: Columbia Business School Research Paper Forthcoming
SSRN
Artificial Market Timing in Mutual Funds
In: Journal of Financial and Quantitative Analysis, Forthcoming
SSRN
Working paper
SSRN
Corporate Climate Risk: Measurements and Responses
In: Review of Financial Studies, Forthcoming
SSRN
Working paper
Can Information Be Locked-Up? Informed Trading Ahead of Macro-News Announcements
In: Journal of Financial Economics (JFE), Forthcoming
SSRN
Are Mutual Fund Managers Paid for Performance? Evidence from U.S. Administrative Earnings Data
In: Northeastern U. D'Amore-McKim School of Business Research Paper No. 4658990
SSRN
Thematic Concentration and Mutual Fund Performance
In: Northeastern U. D'Amore-McKim School of Business Research Paper No. 4164823
SSRN
Peer versus Pure Benchmarks in the Compensation of Mutual Fund Managers
In: Darden Business School Working Paper No. 3441308
SSRN
Fund Manager Skill in an Era of Globalization: Offshore Concentration and Fund Performance
In: Journal of Financial Economics (JFE), Forthcoming
SSRN
Working paper
Peer versus Pure Benchmarks in the Compensation of Mutual Fund Managers
In: Darden Business School Working Paper No. 3441308
SSRN
Working paper