One of the most important recent developments in financial markets is the institutionalization
of saving associated with the growth of pension funds, life insurance companies, and mutual …

Using genetic algorithm (GA), this study proposes a portfolio optimization scheme for index
fund management. Index fund is one of popular strategies in portfolio management that aims …

Exchange-traded funds have proliferated in the last five years, but have not yet received
much attention in the academic literature. The author explains the major differences …

In this book, the author draws from finance, psychology, economics, and other disciplines in
business and the social sciences, recognising that personal finance and investments are …

We illustrate the use of return-based style analysis in practice using several examples. We
demonstrate the importance of selecting the right style benchmarks and how the use of …

Extensive research has demonstrated and analyzed deviations in individual investors'
investment decisions from recommendations of financial theory. As there is still no structured …

Performance evaluation of socially responsible mutual funds using style analysis | Emerald
Insight Books and journals Case studies Expert Briefings Open Access Publish with us …

RESULTS The decade-long period from July 1, 1991, through June 30, 2001, covered in the
new study clearly includes a variety of conditions—the quiet stock market of 1992-1994, the …

The rate of growth of investment in mutual funds has increased dramatically over the past
decade. Many studies have developed models for performance evaluation and have …

Purpose In the build-up of an investment decision, the existence of both active and passive
investment vehicles triggers a puzzle for investors. Indeed the confrontation between active …