Investments and Portfolio Performance
This book contains the recent contributions of Edwin J Elton and Martin J Gruber to the field of investments. All of the articles in this book have been published in the leading finance and economic journals. Sixteen of the nineteen articles have been published in the last ten years. This book supplements the earlier contributions of the editors published by MIT Press in 1999.
What people are saying - Write a review
We haven't found any reviews in the usual places.
II Factors Affecting Corporate Bond Pricing
III Performance Measurement of Mutual Funds
IV Mutual Fund Behavior
V Special Types of Funds
VI Return Generating Process
VII Pension Funds
VIII Optimum Portfolio Construction
actively managed allocation analysis average basis points behavior benchmark beta bond funds bond index capital gains cash ﬂows closed-end funds common holdings common stock company stock computed corporate bonds covariance CRSP deciles default deﬁned difference differential alpha differential return dividend earned Economics Elton equation estimate ex-dividend examine excess return expected return expense ratios factors ﬁnancial ﬁnd ﬁrms ﬁrst ﬁscal ﬁve fund family growth Gruber holdings data impact incentive fees incentive-fee funds index funds index model inﬂuences investment choices investors Journal of Finance maturity measure merger minus momentum month multi-index mutual funds offered optimal portfolio Panel participants passive portfolios percent level percentage pricing errors rating class regression retum risk premium S&P Index securities selected Sharpe ratio short sales shows signiﬁcantly small stock Spiders spot rates spread standard deviation statistically signiﬁcant stock funds survivorship bias tax rates trading variables variance zero