Price reaction, volatility timing and funds’ performance during Covid-19

In this paper we assess the price reaction, performance and volatility timing of European investment funds during the outbreak of Covid-19. We analyze the time period between January and June 2020 and demonstrate that while most of the investment funds exhibit stressed performance, social entreprene...

Descripción completa

Detalles Bibliográficos
Autores principales: Mirza, Nawazish, Naqvi, Bushra, Rahat, Birjees, Rizvi, Syed Kumail Abbas
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2020
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7301103/
https://www.ncbi.nlm.nih.gov/pubmed/32837369
http://dx.doi.org/10.1016/j.frl.2020.101657
_version_ 1783547623232241664
author Mirza, Nawazish
Naqvi, Bushra
Rahat, Birjees
Rizvi, Syed Kumail Abbas
author_facet Mirza, Nawazish
Naqvi, Bushra
Rahat, Birjees
Rizvi, Syed Kumail Abbas
author_sort Mirza, Nawazish
collection PubMed
description In this paper we assess the price reaction, performance and volatility timing of European investment funds during the outbreak of Covid-19. We analyze the time period between January and June 2020 and demonstrate that while most of the investment funds exhibit stressed performance, social entrepreneurship funds endured resilience. This performance remained robust during the various stages of evolution of this contagion. The social funds also demonstrated volatility timing that was absent for most of their counterparts. We attribute the overall stability of these funds to their niche investments in social enterprises that specialize in providing innovative solutions for social issues.
format Online
Article
Text
id pubmed-7301103
institution National Center for Biotechnology Information
language English
publishDate 2020
publisher Elsevier Inc.
record_format MEDLINE/PubMed
spelling pubmed-73011032020-06-18 Price reaction, volatility timing and funds’ performance during Covid-19 Mirza, Nawazish Naqvi, Bushra Rahat, Birjees Rizvi, Syed Kumail Abbas Financ Res Lett Article In this paper we assess the price reaction, performance and volatility timing of European investment funds during the outbreak of Covid-19. We analyze the time period between January and June 2020 and demonstrate that while most of the investment funds exhibit stressed performance, social entrepreneurship funds endured resilience. This performance remained robust during the various stages of evolution of this contagion. The social funds also demonstrated volatility timing that was absent for most of their counterparts. We attribute the overall stability of these funds to their niche investments in social enterprises that specialize in providing innovative solutions for social issues. Elsevier Inc. 2020-10 2020-06-18 /pmc/articles/PMC7301103/ /pubmed/32837369 http://dx.doi.org/10.1016/j.frl.2020.101657 Text en © 2020 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Mirza, Nawazish
Naqvi, Bushra
Rahat, Birjees
Rizvi, Syed Kumail Abbas
Price reaction, volatility timing and funds’ performance during Covid-19
title Price reaction, volatility timing and funds’ performance during Covid-19
title_full Price reaction, volatility timing and funds’ performance during Covid-19
title_fullStr Price reaction, volatility timing and funds’ performance during Covid-19
title_full_unstemmed Price reaction, volatility timing and funds’ performance during Covid-19
title_short Price reaction, volatility timing and funds’ performance during Covid-19
title_sort price reaction, volatility timing and funds’ performance during covid-19
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7301103/
https://www.ncbi.nlm.nih.gov/pubmed/32837369
http://dx.doi.org/10.1016/j.frl.2020.101657
work_keys_str_mv AT mirzanawazish pricereactionvolatilitytimingandfundsperformanceduringcovid19
AT naqvibushra pricereactionvolatilitytimingandfundsperformanceduringcovid19
AT rahatbirjees pricereactionvolatilitytimingandfundsperformanceduringcovid19
AT rizvisyedkumailabbas pricereactionvolatilitytimingandfundsperformanceduringcovid19

Ejemplares similares