Hedge funds and their prime broker analysts
Are sell-side analysts reluctant to go against the investment views of their hedge funds when these hedge funds are their prime brokerage clients? We show that prime broker analysts tend to upgrade stocks recently bought by their clients. For stocks with upgraded recommendations, post-announcement c...
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| Main Authors: | , , |
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| 格式: | text |
| 語言: | English |
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Institutional Knowledge at Singapore Management University
2021
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| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/lkcsb_research/6678 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7677/viewcontent/Hedge_funds_and_their_prime_broker_analysts_sv.pdf |
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| 機構: | Singapore Management University |
| 語言: | English |