Respective individual invests

The research paper tries to study the the choice of the investment avenues made by the individual investors according to the demographic variables like gender, age, income and marital status.

13p murielnguyen 25-06-2020 10 1   Download

“A business angel is an individual investor (qualified as defined by some national regulations) that invests directly (or through their personal holding) their own money predominantly in seed or start- up companies with no family relationships. Business angels make their own (final) investment decisions and are financially independent, i.e. a possible total loss of their business angel investments will not significantly change the economic situation of their assets.

12p hongphuocidol 04-04-2013 74 9   Download

In addition to testing for the presence of smart money, the disaggregated na- ture of our fund f low data allows us to examine two key hypotheses with respect to mutual fund investor behavior. Specifically, we are in a position to compare the quality of fund selection decisions made by individual and institutional investors, and likewise to compare fund buying and selling decisions.

57p khanhchilam 29-03-2013 96 10   Download

The data is limited in some respects. We do not have information on total net assets, nor do we know the exact location of the portfolio manager, so we use the fund's legal domicile as a proxy for the manager's location. 9 We also have limited data on front-end and redemption loads, as well as total fund expense ratios. Moreover, we do not have data on many of the individual funds' expenses and fees, particularly during the early part of the sample (we searched for these data, and none of the major services{e.g., Morningstar{appear to have historical data covering our entire sample period).

0p khanhchilam 29-03-2013 45 6   Download

Real estate market returns, both aggregate and disaggregated, are obtained from the National Property Index (NPI) series, also compiled by NCREIF from this individual property data. The NCREIF NPI is considered the de-facto standard performance index for investible US commercial real estate. Index series are available on a national level, as well as disaggregated by region, division, state, CBSA, property type, property sub-type, and all possible interactions of these.

43p quaivattim 01-12-2012 59 3   Download

The study covered mutual fund expense ratios (not including market impact costs) and the behavior of these ratios with respect to mutual fund complexes and individual product lines with various amounts of assets under management. In particular, the study covered all 533 mutual fund complexes that existed in the United States during the years 1990 to 1994, encompassing assets totaling about $2 trillion at the end of the period. A mutual fund complex is a "sponsor" which may offer anywhere from...

7p quaivatdo 18-11-2012 55 5   Download