• Icon to change language to english
  • Icon to change language to english

CONVERGENT APPROACH FOR RISK-RETURN ANALYSIS OF CAPITAL MARKETS IN EU28

Authors

Keywords
integration, active portfolio management, predictors, alpha

Summary
The integration of capital markets within the EU poses some very interesting issues to investment management. In this paper we examine the integration process and the effect over the risk-return characteristics of a portfolio comprised of European stocks. The results show that the information signals from the process of integration can serve as predictors of abnormal return

JEL: F15, G10, C21
Pages: 29
Price: 3 Points

More titles

  • THE ROLE OF FISCAL AND MACROPRUDENTIAL POLICY OF THE EUROPEAN UNION IN THE CRISIS AND POSTCRISIS PERIOD

    The paper focuses on the principles underlying the application of the instruments of fiscal and macro-prudential policy to overcome negative effects in crisis periods. The aim is to explore the instruments of fiscal and macro-prudential policy applied in the Member States of the European Union both in the crisis and the post-crisis periods and to ...

  • INNOVATIVE PRACTICES FOR GOOD MANAGEMENT

    The concept of good management is directly related to the sustainable development policy. As such, it requires decision-making and regulation of relationships in an environment of uncertainty. In such conditions the achievement of the objective depends on a successful combination of the implemented management tools and practices. Thus innovation ...

  • ASSESSMENT OF THE EVENT TOURISM IMPACTS ON THE HOST COMMUNITY IN BULGARIA

    The main objective of the study is based on a model designed for aggregated assessment of the impacts of the event tourism to analyze and evaluate the main positives and negatives on the host community in Bulgaria. So the goal is decomposed in the following research objectives: • Proposing a model for assessing the impacts of event tourism on the ...