Articles

• What Maximum Fees Should Investors Pay to Active Fund Managers?
• How does the Market Price of the Corporate Sponsor React to Socially Responsible Fund Introductions?
• Pricing, Hedging and Assessing Risk in a General Lévy Context
• The Performance Implications of Business Group Affi liation for Small Businesses

• Introducing to Risk Parity and Budgeting

Articles

• Editor’s letter
• HFT and Market Quality
• On the Financial Performance of Socially Responsible Investments
• Pension Reform in The Netherlands: Attractive Options for other Countries?
• French Pensions Framework in an International Perspective
• Optimal Asset Allocation for Sovereign Wealth Funds: Theory and Practice
• Asset Class Liquidity Risk

Articles

• Active Portfolio Management with Conditional Tracking Error
• Bank Acquisitiveness and Financial Crisis Vulnerability
• Is Macroeconomic Announcement News Priced?

Focus On

• Basel III and Bank Liquidity Creation

Articles

• Ownership Concentration, Board Structure and Credit Risk: The Case of MENA Banks
• Market Efficiency and Crises: Don’t Throw the Baby out with the Bathwater
• Mass Customization in Life-Cycle Investing Strategies with Income Risk

Focus On

• Currency Turmoil in an Unbalanced World Economy

Articles

• Purchasing an Annuity: Now or Later? The Role of Interest Rates
• Does Corporate Social Performance Really Improve Corporate Financial Performance?
• Does the Market Value the Social Dimension? International Evidence
• When Financial Derivatives can be Applied to the Real Economy – The Case of Exotic Options in Corporate Finance

Articles

• Scrutinizing Portfolio Strategies And Asset Pricing Models: The French Case
• Why Do Banks Hold Cash?
• Pricing of Internet Companies: Financial and Non-financial Value Drivers

Focus On

• Long Term Savings Performances: The 40 Year Track Record of Afer Funds

The Paulson Plan: Who Are the Winners?

• A Partial Equilibrium Model of the Convenience Yield Risk Premium of Storable Commodities
• Raising Companies’ Profi le with Corporate Social Performance
• Does Employee Ownership Really Boost Performance?

• Islamic Equity Indices: Insight and Comparison with Conventional Counterparts

• Market microstructure in practice

Articles

• Could French and Eurozone Savers Invest More in Risky Assets?
• Introducing Expected Returns into Risk Parity Portfolios: A New Framework for Asset Allocation
• Robust Portfolio Protection: A Scenarios-based Approach

Focus On

• Financial Regulations and Procyclicality

• Risk-Based and Factor Investing
• Expected Credit Loss vs. Credit Value Adjustment: A Comparative Analysis
• Analyst Earnings Forecasts, Individual Investors’ Expectations and Trading Volume
• Changing Dynamic Relationships between Stock and Bond Markets in Crises
• Do Regulatory and Supervisory Reforms Affect European Bank Stability

Articles

• Scrutinizing Portfolio Strategies And Asset Pricing Models: The French Case
• Why Do Banks Hold Cash?
• Pricing of Internet Companies: Financial and Non-financial Value Drivers

Focus On

• Long Term Savings Performances: The 40 Year Track Record of Afer Funds

Articles

• Alpha or not Alpha: The Case of the Hedge Fund Industry
• What Happens “Before the Birth” and “After the Death” of a Hedge Fund?
• Hedge Fund Managers: Luck and Dynamic Assessment
• A Time-Varying Performance Evaluation of Hedge Fund Strategies through Aggregation
• Detecting Early Warnings for Hedge Fund Contagion
• Edito

Articles

• French Retail Financial Structured Products: A Typology and Assessment of Their Fair Pricing
• Conflict of Interest between Investors and Financial Advisers
• Reforming the Structures of the EU Banking Sector: Risks and Challenges
• Managerial Myopia: Do Managers Privilege Short-term Decisions or Value Creation?