It takes the average reader and 39 minutes to read The Investment Technology of Foreign and Domestic Institutional Investors in an Emerging Market by Ila Patnaik
Assuming a reading speed of 250 words per minute. Learn more
The literature on the investment technology of foreign versus domestic investors has inconclusive results. This paper revisits the question, with a focus on decomposing portfolio performance into asset allocation and security selection. We document signicant differences in exposure to systematic asset pricing factors between foreign and domestic investors. A quasi-experimental strategy is introduced, for comparing security selection after controlling for diferences in asset allocation. Our results show that foreign investors in India do remarkably poorly at security selection.
The Investment Technology of Foreign and Domestic Institutional Investors in an Emerging Market by Ila Patnaik is 38 pages long, and a total of 9,804 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read The Investment Technology of Foreign and Domestic Institutional Investors in an Emerging Market aloud.
The Investment Technology of Foreign and Domestic Institutional Investors in an Emerging Market is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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