Have institutional investors destabilized emerging markets?

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Published by International Monetary Fund in Washington, D.C .

Written in English

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Edition Notes

Includes bibliographical references.

Book details

SeriesIMF working paper -- WP/96/34
ContributionsInternational Monetary Fund.
The Physical Object
Paginationiii, 13 p. ;
Number of Pages13
ID Numbers
Open LibraryOL16713778M

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In the past few years there has been a large increase in portfolio capital flows into emerging markets, mostly fueled by mutual funds and other institutional investors. Based on a simple variance ratio test, this paper finds that emerging stock markets as a group experienced a sharp increase in autocorrelation in total returns at a time when institutional investors began to significantly.

These results are consistent with the view that institutional investor sentiment toward emerging markets as an asset class can at times play a critical role in determining asset prices, with shifts in sentiment resulting in periods of bubble-like booms and busts and asset price by: Get this from a library.

Have Have institutional investors destabilized emerging markets? book Investors Destabilized Emerging Markets?. [Brian J Aitken; International Monetary Fund.] -- In the past few years there has been a large increase in portfolio capital flows into emerging markets, mostly fueled by mutual funds and other institutional investors.

Based on a simple variance. have institutional investors destabilized emerging markets. BRIAN AITKEN Economist, European II Department, International Monetary Fund, Washington, D.C. Phone 1‐‐‐, Fax 1‐‐‐ E‐Mail [email protected] Have institutional investors destabilized emerging markets.

[Washington, D.C.]: International Monetary Fund, Policy Development and Review Dept., © (OCoLC) Institutional Investors in Global Market provides you with a comprehensive overview about what institutional investors do, how they do it, and when and where they do it; it is about the production of investment returns in the global economy.

Being a book about the production process, you learn about key issues found in the academic literature on the theory of the by: 9.

Downloadable. In the past few years, there has been a large increase in portfolio capital flows into emerging markets, mostly fueled by mutual funds and other institutional investors. Based on a simple variance ratio test, this paper finds that emerging stock markets as a group experienced a sharp increase in autocorrelation in total returns at a time when institutional investors began to.

HAVE INSTITUTIONAL INVESTORS DESTABILIZED EMERGING MARKETS. HAVE INSTITUTIONAL INVESTORS DESTABILIZED EMERGING MARKETS. AITKEN, BRIAN I. INTRODUCTION In recent years, the liberalization of developing country stock markets has been followed by large inflows of portfolio capital, mostly from mutual funds and other institutional : AITKEN, BRIAN.

CHAPTER IV INSTITUTIONAL INVESTORS IN EMERGING MARKETS optimal portfolio comprised bonds allocated to the EMBI and U.S. high-grade corporate classes, with the U.S. bonds notable in their importance within the portfolio (see Table).3 In this instance, equities-only investors would have been, on.

In the book, a number of highly successful hedge fund investors and managers, including investment analysts and directors for large institutional investors, and high-net-worth individuals (HNWI. The book’s scope and broad reach across the many areas of risk that international investors face provided me with a new perspective on emerging markets investing.

Institutional and retail Have institutional investors destabilized emerging markets? book alike can benefit from exposure to the body of academic research upon which Karolyi draws, and which he carefully organizes for us.

The Case for Emerging Market Funds. “Have Institutional Investors Destabilized Emerging Markets?,” Contemporary Economic Policy, 16(2), high price to book ratio, and smaller.

Mobius is an investment genius, of that there is little doubt. However, in this book is of very limited interest. It is largely a collection of facts about emerging markets as they were many years ago, and while many of the facts are interesting few have much relevance to Cited by: 7.

References B. Aitken () Have institutional investors destabilized emerging markets. Contemporary Economic Policy 16 (2), – Crossref, ISI, Google Scholar; A. Alfonsi, A.

Fruth & A. Schied () Optimal execution strategies in limit order books with general shape functions, Quantitative Fina – Crossref, ISI, Google ScholarCited by: 6. This study discusses the role of institutional investors in financing infrastructure in emerging markets and developing economies (EMDEs).

It analyzes the present level of involvement as well as the future investment potential of new financing sources such as public and private pension funds, insurance companies, and sovereign wealth Size: 2MB.

Investors expect their coupon payments. Emerging markets, which owe more than $ trillion in foreign currency debts, or about 30% of the developing world’s gross domestic product, need to fund. Their debt burden has climbed from less than $1tn in to $tn, according to the Institute of International Finance, equal to per cent of GDP for frontier markets.

Emerging markets as a. Although institutional investors have long been regarded as a financial market, especially in emerging economies, the question of the impact of institutional investors on stock market stability. Downloadable. In this paper, we provide empirical evidence on the impact of institutional investors on stock market returns dynamics in Poland.

The Polish pension system reform in and the associated increase in institutional ownership due to the investment activities of pension funds are used as an unique institutional characteristic.

In this paper, we provide empirical evidence on the impact of institutional investors on stock market returns dynamics in Poland. The Polish pension system reform in and the associated increase in institutional ownership due to the investment activities of pension funds are used as a unique institutional by: Journal of International Financial Markets, Institutions and Money Vol Issue 4, OctoberPages Do institutional investors destabilize stock prices.

evidence from an emerging market ☆. Are institutional investors an important source of portfolio investment in emerging markets.

(English) Abstract. The author examines five major industrial countries' portfolio investment in developing countries to learn if institutional investors are significant investors in emerging developing by: The importance of emerging markets in the global economy has increased significantly, driven in large part by China.

In emerging economies represented around 20% of global GDP. Today their share is 40% 1. Their capital markets have developed and deepened during this period, but their economic importance remains under-represented.

Emerging markets have been one of the hottest investment areas since the early s, with new funds and investments popping up all the time. While there Author: Arthur Pinkasovitch.

History shows that, in aggregate, many investors often buy into markets near peaks and sell near bottoms. For example, there were big inflows into stocks in andjust before market peaks, and dramatic outflows in andright before the market took off (see chart). Investors tend to chase performance, and catch downturns.

Read the publication. Journal of Business & Economics Research – November, Volume 6, Number 11 81 The Case For Emerging Market Funds Stuart Michelson, Stetson University, USA Elena Philipova, Stetson University, USA Petra Srotova, Stetson University, USA ABSTRACT This study investigates the performance of open-end actively managed emerging market mutual funds during the time period.

Emerging-markets economies, led by China, India and Brazil and including much of Southeast Asia and Latin America, have rebounded quickly from the global slump that followed the collapse of Lehman Author: Tom Buerkle.

Corporate bonds have been the asset class of choice for U.S. fixed-income investors for some time, and many investors believe it could get a further boost Author: OFI Global. institutional investors in emerging stock markets and the difficulty of obtaining data, there is a considerable dearth of empirical evidence with regard to emerging markets.

Moreover, Sercu and Vanpee () find that the equity home bias is lower in developed markets and higher in emerging by: Invests in emerging market equities aiming to outperform the MSCI Emerging Markets Index.

By combining top down macro views with in-depth fundamental research, the fund seeks to deliver consistent, long-term capital appreciation to investors. Atento Announces Institutional Investors to Acquire Bain Capital's Equity in the Company Microsoft’s Surface Book 3 is a powerhouse rival to Apple’s MacBook Pro Emerging Markets.

The biggest challenge investors currently face is finding investable deals and projects. Money hardly ever is the problem. In emerging markets and developing countries, numerous projects are available in areas like solar, wind, or hydro energy; waste-to-energy conversion; and social housing.

By Kate Duguid (Reuters) - With one of Wall Street's wildest weeks in recent memory now in the history books, investors are bracing for more uncertainty and big market swings : By Kate Duguid.

The 5th Annual Canada Institutional Forum is an educational initiative designed through close coordination with the region’s leading institutional investors to build peer communities that merge global best practices with local expertise.

The Fidelity Targeted Emerging Markets Factor Index is designed to reflect the performance of stocks of large- and mid-capitalization emerging markets companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader emerging markets equity market, and lower correlation to the U.S.

SAN FRANCISCO, Dec. 11, /PRNewswire/ -- Callan, a leading institutional investment consulting firm, announced the release of its Investment Management Fee Study—its eighth examination.

Stocks across emerging markets have dropped to a record valuation discount to US equities, according to the Institute of International Finance (IIF), as investors ditch assets deemed risky due to. institutional investors do indeed make significant direct investments in private equity.

We find that institutional investors own between and percent of all nonfinancial private equity when weighted by the book value of assets. 2 The main exceptions are Wong (), who analyze angel finance, and Hellmann () and.

iShares MSCI Emerging Markets ETF ($) The Hypothetical Growth of $10, chart reflects a hypothetical $10, investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

5 Role of Banks, Equity Markets and Institutional Investors in Long-Term Financing for Growth and Development - OECD This note seeks to identify the main trends in long-term financial intermediation focusing on the role of banks, equity markets and institutional investors in providing long-term finance for growth and.

Taechapiroontong N, Suecharoenkit P () Trading performance of individuals, institutional and foreign investors: Evidence from the stock market of Thailand. International Research Journal of Finance and Economics 75(1)– Google ScholarCited by: 1.EIEMX Parametric Emerging Markets Fund (Institutional) EAEMX Parametric Emerging Markets Fund (Investor) ECHIX High Income Opportunities Fund (C) EITGX Tax-Managed Growth Fund (I) ERSMX Atlanta Capital SMID-Cap Fund (R) ESHIX Short Duration High Income Fund (I) ESHAX Short Duration High Income Fund (A) ERASX Atlanta Capital SMID-Cap Fund (R6)Institutional Class Inception: 06/30/Chapter 3 presents a brief review of institutional investing in infrastructure in general, followed by the barriers and risks speciic to emerging markets.

This is followed by an overview of the landscape of international investors (Chapter 4), and their size and involvement in EMDE infrastructure,File Size: 2MB.

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