Search results for "Investment management"
showing 4 items of 4 documents
Projekts: Uzņēmuma "Jumis Finances" dibināšana
2017
Maģistra darba mērķis ir izstrādāt jauna uzņēmuma dibināšanas plānu un biznesa plānu trim darbības gadiem. Maģistra darba gaitā darba autors izstrādāja un novērtēja izveidojamā uzņēmuma „Jumis Finances” dibināšanas plānu un biznesa plānu trim pirmajiem darbības gadiem. Projekta mērķis – dibināt neatkarīgu uzņēmumu, kas nodarbosies ar vērtspapīru individuālu portfeļu izstrādi un konsultāciju sniegšanu. Darbs izklāstīts uz 101 lapām un iekļauj izmantotās literatūras un citu informācijas avotu 46 nosaukumus, 26 tabulas, un17 attēlus. Darba pētīšanas metodes: statistiskā analīze, grafiskā analīze, vertikāla analīze, SVID analīze, riska matrica.
The real-life performance of market timing with moving average and time-series momentum rules
2014
In this article, we revisit the myths regarding the superior performance of market timing strategies based on moving average and time-series momentum rules. These active timing strategies are very appealing to investors because of their extraordinary simplicity and because they promise substantial advantages over their passive counterparts. However, the ‘too good to be true’ reported performance of these market timing rules raises a legitimate concern as to whether this performance is realistic and whether investors can expect that future performance will be the same as the documented historical performance. We argue that the reported performance of market timing strategies usually contains…
A fuzzy-set analysis of conditions influencing mutual fund performance
2019
Abstract This paper presents an application of fuzzy-set qualitative comparative analysis (fsQCA) to frame the conditions that lead to over- or under-performance of mutual funds. Building upon a considerable library of research on fund returns, the study uses fsQCA to affirm and extend earlier discoveries. Considered here is fund performance relative to Morningstar ratings, features of the funds themselves, as well as characteristics of the fund managers. Results suggest that positive Morningstar and analyst ratings are necessary conditions, on average, for funds to generate value according to the Jensen's alpha ratio. Just over seven percent of the cases imply that funds have attractive Sh…
Beliefs affecting additional investment intentions of mutual fund clients
2015
In this article, we aim to examine mutual fund investors’ behaviour in decision-making situations and to analyse future investment decisions via a path model approach. Investors were divided into different groups based on the risk and distribution channel used, and the differences in their investment intentions were examined. The study used empirical survey data collected from the clients of a mutual fund company owned by a Finnish banking group. Loyalty to the common banking group dominated the explanation in the whole model. The safety of the investment was important for branch office investors, whereas obtaining a good return was important for internet investors. Ultimately, explanatory …