The Effect of Concentrated Institutional Portfolio on Stock Returns
This paper examines whether stock return is related to the extent of portfolio concentration on the part of institutional fund managers. There is evidence that large firms are preferred for both concentrated and well-diversified funds. Also, a trading strategy based on concentrated ownership generat...
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| Main Author: | |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2009
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/etd_coll/42 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1041&context=etd_coll |
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| Institution: | Singapore Management University |
| Language: | English |