publication . Bachelor thesis . 2013

Performance of passive long term investments : A longitudinal study over the relative performance of emerging- and developed markets

Babar, Haseeb Zaman; Norberg, Johan;
Open Access English
  • Published: 01 Jan 2013
  • Publisher: Umeå universitet, Företagsekonomi
  • Country: Sweden
The concept of emerging markets came to surface in early 1980 and constituted of only eight countries from the two continents of South America and Asia. The globalization of financial markets has since raised the importance of emerging capital markets. We take a quantitative approach to investigate the performance of emerging markets compared to developed markets. The aim of the study is to conclude if emerging markets offers investment value and if logic in portfolio theory can be used to improve the chance of creating a relatively better performing investment. Included markets in our study are Brazil, Russia, India, China, Colombia, Indonesia, Vietnam, Egypt, ...
free text keywords: Terminal growth, Sharpe ratio, Currency effect, Skewness and Kurtosis, BRIC, CIVETS, Emerging Markets
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