Search for dissertations about: "David Johnstone"

Found 1 swedish dissertation containing the words David Johnstone.

2. 1. Portfolio management under transaction costs: Model development and Swedish evidence

   Author : Rickard Olsson; Lars Hassel; David Johnstone; Umeå universitet; []
   Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Business studies; Företagsekonomi; Business studies; Företagsekonomi;

   Abstract : Portfolio performance evaluations indicate that managed stock portfolios on average underperform relevant benchmarks. Transaction costs arise inevitably when stocks are bought and sold, but the majority of the research on portfolio management does not consider such costs, let alone transaction costs including price impact costs. READ MORE