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

КОНВЕРГЕНТЕН ПОДХОД ЗА АНАЛИЗ НА РИСКА И ДОХОДНОСТТА НА КАПИТАЛОВИТЕ ПАЗАРИ
CONVERGENT APPROACH FOR RISK-RETURN ANALYSIS OF CAPITAL MARKETS IN EU28

Author(s): Andrey Zahariev, Zhivko Todorov, Kaloyan Petkov, Nikola Iliev, Alexandra Petrova
Subject(s): Economy, Business Economy / Management
Published by: Стопанска академия »Д. А. Ценов«
Keywords: integration; active portfolio management; predictors; alpha

Summary/Abstract: 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.

  • Issue Year: 24/2017
  • Issue No: 1
  • Page Range: 7-35
  • Page Count: 29
  • Language: Bulgarian
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