There is considerable controversy concerning what exactly portfolio diversification is and under
what circumstances is it beneficial to investors, particularly in the wake of the most recent …

We analyze the investment returns of Ivy League endowments in the US in order to evaluate
their alpha generation abilities and determine performance efficiency. We find that, while …

Faced with the challenge of minimal disclosure, investors in hedge funds seek alternatives
to increase transparency in order to better manage the risk and return profile of their portfolio. …

During the last two decades Greece has emerged as a key regional player and one of the
largest investors in the Central and Eastern and South-Eastern European Countries (CESEE) […

The conjecture that democracy discourages foreign direct investment (FDI) has been widely
refuted in empirical studies. However, we find support of this view. We distinguish between …

We introduce an estimator that measures factor exposures and alphas of individual private
equity funds, with minimal assumptions about the fund return data-generating process (DGP). …

We propose a novel approach to cluster funds based on their factor exposures. The approach
uses investment returns as input data and calculates similarity scores across funds, which …

Social capital theorists have established decades ago that better connected people do
better in life. The emergence of online social networking sites have given a new impetus to …

A significant effort is under way to identify improved solvents for carbon dioxide (CO 2 )
capture by chemisorption. We develop a predictive framework that is applicable to aqueous …

Foreign direct investment (FDI) inflows into Africa have increased since the turn of the
millennium, mainly due to FDI growth into African countries by multinational enterprises (MNEs) …