All Outputs (2)

Uncovering investment management performance using SPIVA data (2021)
Journal Article
Shah, I. H., Wanovits, H. M., & Hatfield, R. (2022). Uncovering investment management performance using SPIVA data. International Journal of Finance and Economics, 26(3), 3676-3695. https://doi.org/10.1002/ijfe.1981

Which performs better, passive or active funds management, a question that both fund managers and academics fiercely debate. Why does fund size matter? These are a number of typical questions that puzzle practitioners and academics alike. To date, th... Read More about Uncovering investment management performance using SPIVA data.

A structural break approach to analysing the impact of the QE portfolio balance channel on the US stock market (2019)
Journal Article
Shah, I. H., Schmidt-Fischer, F., Malki, I., & Hatfield, R. (2019). A structural break approach to analysing the impact of the QE portfolio balance channel on the US stock market. International Review of Financial Analysis, 64, 204-220. https://doi.org/10.1016/j.irfa.2019.05.010

Following the 1929 Wall Street collapse, the initial response to the institutional failures and collapsing financial system was to allow the markets to self-correct, which led to a significant period of economic depression. In contrast the US (and UK... Read More about A structural break approach to analysing the impact of the QE portfolio balance channel on the US stock market.