Stock Selection in the Eastern European Emerging Markets

2002 ◽  
Vol 5 (1) ◽  
pp. 55-59
Author(s):  
Anthony Bercel
Keyword(s):  
Emerging Markets ◽  
Eastern European ◽  
Stock Selection

scholarly journals Stock selection strategies in emerging markets

2003 ◽  
Vol 10 (1-2) ◽  
pp. 105-132 ◽  
Author(s):  
Jaap van der Hart ◽  
Erica Slagter ◽  
Dick van Dijk
Keyword(s):  
Emerging Markets ◽  
Stock Selection ◽  
Selection Strategies

scholarly journals Evolving robust GP solutions for hedge fund stock selection in emerging markets

2010 ◽  
Vol 15 (1) ◽  
pp. 37-50 ◽  
Author(s):  
Wei Yan ◽  
Christopher D. Clack
Keyword(s):  
Emerging Markets ◽  
Hedge Fund ◽  
Stock Selection

Portfolio Investment in Malaysia and Saudi Arabia

2022 ◽  
pp. 155-175
Author(s):  
Fariza Hashim ◽  
Nadisah Zakaria ◽  
Abdul Rahim Abu Bakar ◽  
Kamilah Kamaludin
Keyword(s):  
Saudi Arabia ◽  
Stock Market ◽  
Emerging Markets ◽  
Financial Markets ◽  
Selection Criteria ◽  
Abnormal Returns ◽  
Emerging Countries ◽  
Portfolio Investment ◽  
Stock Selection ◽  
Portfolio Returns

Several strategies are adopted by investors in lowering the risk of investment while maximising its return. Graham's stock selection criteria are noted as one of the best strategies in selecting portfolios by investors. Although the model is universally accepted, it is less commonly practised and examined in emerging markets. Considering the growth of these emerging countries' financial markets, it is worthwhile to investigate the doctrine's effect on investment in these countries. This study endeavours to review the consequence of Graham's stock selection criteria on portfolio returns in the Malaysian and Saudi Arabian stock markets. Each country represents the fastest growing market in their region which justifies this study. The study found that the Malaysian stock market is capable of proffering abnormal returns to investors while the Saudi stock market is capable to offer abnormal returns to investors despite being an undeveloped and immature stock market. The study concludes that the model of stock selection remains beneficial and indeed valuable to regional investments.

scholarly journals Transitional Exporting: A Case Of Two Emerging Markets

2012 ◽  
Vol 8 (2) ◽  
pp. 147-150
Author(s):  
S. Daly ◽  
G. Murusidze
Keyword(s):  
Emerging Markets ◽  
International Business ◽  
Business Case ◽  
Eastern Bloc ◽  
Eastern European ◽  
Start Up ◽  
Unique Nature ◽  
Global Arena ◽  
European Markets

This international business case allows for the evaluation of Eastern European markets and highlights their unique nature. Eastern Bloc countries are newer entrants to the global arena and offer opportunities for understanding an array of emerging markets. The case presents one start-up business and the process, opportunities and roadblocks encountered.

scholarly journals PERFORMANCE OF SHARIAH VERSUS CONVENTIONAL FUNDS: LESSONS FROM EMERGING MARKETS

2019 ◽  
Vol 4 (2) ◽  
pp. 193-218
Author(s):  
Ruzita Abdul-Rahim ◽  
Aisyah Abdul-Rahman ◽  
Pick-Soon Ling
Keyword(s):  
South Africa ◽  
Emerging Markets ◽  
Mutual Funds ◽  
Market Timing ◽  
Stock Selection ◽  
Fund Managers ◽  
Merton Model ◽  
Cross Country

This study compares the performance of Shariah and conventional mutual funds in emerging markets. The performance of 833 Shariah and conventional funds in 6 emerging markets from 2000 to 2015 was analyzed. We analyzed the Sharpe index, Treynor index, and Jensen’s alpha to compare the performance of Shariah and conventional funds. Jensen's alpha results conform to those of Sharpe’s in indicating that Shariah funds slightly outperform their conventional counterparts particularly in the case of Malaysia, Pakistan, and South Africa. Conventional funds perform exceptionally well in Egypt. Further investigation using the Henriksson–Merton model shows that fund managers’ performance relies nearly completely on their stock selection skills because they have either inferior or ineffective ability in timing the market. This study is the first cross-country attempt to compare the performance of Shariah and conventional funds in emerging markets in terms of risk-adjusted returns, security selectivity, and market timing capability.   Keywords: Emerging markets, Jensen’s alpha, mutual funds, risk-adjusted performances, Shariah mutual funds   Cite as:   Abdul-Rahim, R. Abdul-Rahman, A., & Ling, P-S. (2019). Performance of Shariah versus conventional funds: Lessons from emerging markets.  Journal of Nusantara Studies, 4(2), 193-218. http://dx.doi.org/10.24200/jonus.vol4iss2pp193-218

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