Fund selection is an important issue for investors. This topic has spawned abundant academic
literature. Nonetheless, most of the time, these works concern only active management, …

The concept of market portfolio has a long history and dates back to the seminal work of
Markowitz (1952). In this paper, Markowitz defines precisely what portfolio selection means: “the …

… Acknowledgements I thank ETF Research Academy for their financial support and Guillaume
de Martel and Marlene Hassine for important feedback concerning the functioning of ETF …

As most Exchange-Traded Funds (ETFs) engage in securities lending or are based on total
return swaps, they expose their investors to counterparty risk. In this paper, we estimate …

… The authors would also like to thank Marlene Hassine and Matthieu Mouly for their
helpful comments. Correspondence should be addressed to thierry. roncalli@ lyxor. …

This bachelor thesis tested hypothesis if 30 randomly selected equity funds outperformed
the market systematically in the time period 2003-2018. Funds were divided into two groups …

Exchange-traded funds (ETFs) are among the most popular investment vehicles used by retail
and professional investors due to their low transaction costs and high liquidity. The share …

… Lamia Ben Hassine est doctorante en sciences de l’information et de la communication, à
l’Institut de presse et des sciences de l’information, de l’Université de la Manouba, à Tunis. Ce …

El objetivo principal de este estudio consiste en el análisis de los efectos generados por la
introducción del nuevo ETF (Fondo de inversión cotizado) de futuros de bitcoin en la …