Efficient Mutual Fund Markets: A Global Perspective - Rilegato

Urbański, Stanisław; Rymkiewicz, Bartosz; Leśkow, Jacek; Stawiarski, Bartosz

Rilegato

ISBN 10: 1032959592 ISBN 13: 9781032959597

Casa editrice: Routledge, 2025

Riassunto

This book covers a new and innovative approach to the issue of investment portfolio efficiency from the perspective of a large institutional investor. It discusses the challenges relating to changes in returns on the international stock market, with particular emphasis on investments.

Instead of focusing on just one designated market, the book examines four diversified, developed markets, and models the Polish market as a representative of emerging markets. The authors argue that the current market for available financial instruments, mainly derivatives, may be an example of a partially complete market. With such assumptions, they test selected markets, assuming that a representative investor, such as an investment fund, makes rational decisions and uses all available financial instruments. The research conducted in the book is unique in its assumption that investors form portfolios that consider the structure of the company's financial results. The significant impact that the financial crisis in the United States since 2007, the COVID-19 pandemic, and Russia's aggression against Ukraine have had on investors' decisions is also discussed.

The book will find an audience among researchers, scholars, and students specialising in finance and capital market investments.

Su questo libro

Informazioni sull?autore

Stanisław Urbanski is a Professor in the Department of Finance and Accounting and Head of the Capital Markets Laboratory, AGH University of Science and Technology, Cracow, Poland.

Bartosz Rymkiewicz is an Assistant Professor in the Department of Finance and Accounting, AGH University of Science and Technology, Cracow, Poland.

Jacek Leśkow is the Rector of American University in Kyiv and Professor of Cracow University of Technology.

Bartosz Stawiarski is an Assistant Professor in the Department of Applied Mathematics, Faculty of Computer Science and Telecommunications, Cracow University of Technology, Cracow, Poland.

Dettagli dell'edizione

• Editore: Routledge
• Data di pubblicazione: 2025
• Lingua: Inglese
• ISBN 10: 1032959592
• ISBN 13: 9781032959597
• Rilegatura: Copertina rigida
• Numero edizione: 1
• Numero di pagine: 192
• Contatto del produttore: non disponibile
• Persona responsabile: gpsr@libri.de; gpsr@libri.de; ; Friedensallee 273; Hamburg; 22763; Germania