Four weeks ago, the European Securities and Markets Authority (ESMA) has recognized three central clearing counterparties (CCPs) from the United Kingdom – which will allow them to offer clearing services in the EU in case of a hard Brexit. Why… Continue Reading →
In our previous post, we discussed the Santa Claus Rally: higher returns between Christmas and the end of the first week of January compared to the rest of the year. Admittedly, 2018 was not the best year for DAX30 investors… Continue Reading →
As we approach the holidays, stock market reports increasingly contain the terms “Santa Claus rally” or “end of year rally”. Both expressions refer to the same effect. Supposedly, stock returns during the last trading days of the year exceed those… Continue Reading →
The football world cup is in its final stage and everyone is wondering: Who is going to win the trophy? Especially when you’ve participated in a betting pool, you would like to find criteria on which team to bet. Econometric… Continue Reading →
Experience can be helpful – at work, but also in everyday life. In this post, we showed that prior work experience outside the investment industry helps mutual fund managers. Other studies find that experience as a fund manager may also… Continue Reading →
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