Living through a climate-related disaster can be a harrowing experience for anyone. For professional money managers, it can even impact their investment decisions, according to recent research from the Center for Financial Policy (CFP) at the University of Maryland’s Robert H. Smith School of Business.
New research from the University of Maryland’s Robert H. Smith School of Business pioneers a way to sift through the thousands of active mutual funds to winnow them down to a set of the best ones to invest in.
New research from Maryland Smith finance professor Russell Wermers rebuts a critique of another paper he and two co-authors published in 2010 that introduced a new way to evaluate mutual fund performance.
Institutional investors own more than two-thirds of corporate equities, and they account for an even greater percentage of trading volume. Because they make up such a large share of the market, when these pension funds, mutual funds, insurance companies, hedge funds, endowment funds, and other behemoth investors buy and sell based on news, it moves market prices for everyone.