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

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