Bachelor Thesis from the year 2012 in the subject Business economics – Business Management, Corporate Governance, grade: 1, 00, EBS European Business School g Gmb H, language: English, abstract: Portfolio managers face the challenge to achieve excess returns comparative to a benchmark for their private or institutional clients. Researchers such as Fama and French (1992, 1996) or Lakonishok, Shleifer, and Vishny (1994) caused a stir with their findings that various investment styles tend to accomplish superior returns over a long-term horizon. Their findings proposed that value stocks tend to outperform growth stocks.
This bachelor thesis raises the question whether value or growth fund managers are able to achieve a persistent outperformance relative to their internal and external benchmark. The findings have a crucial influence on investors considering an investment into the equity market by an active or passive portfolio management approach.
This bachelor thesis raises the question whether value or growth fund managers are able to achieve a persistent outperformance relative to their internal and external benchmark. The findings have a crucial influence on investors considering an investment into the equity market by an active or passive portfolio management approach.
Língua Inglês ● Formato PDF ● Páginas 59 ● ISBN 9783656178248 ● Tamanho do arquivo 0.8 MB ● Editora GRIN Verlag ● Cidade München ● País DE ● Publicado 2012 ● Edição 1 ● Carregável 24 meses ● Moeda EUR ● ID 3723909 ● Proteção contra cópia sem