Browsing Magister Commercii - MCom (Business and Finance) by Subject "Indexing"
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Fundamental indexation and mean reversion on the Taiwanese equity market
(University of the Western Cape, 2015)The equity market has a long memory of indexing. The market portfolio is a capweighted index that weights stocks based on the market capitalisation of the stocks constituting the index and has been upheld by modern portfolio ... -
Passive versus active applications of industry exchange traded funds (ETFs) : an empirical investigation on the S&P Global 1200 Index
(University of the Western Cape, 2015)The notion of market efficiency posits that stock prices fully reflect all available information in a timely manner. The efficient market hypothesis (EMH) proposed by Fama (1970) systematically rules out the profitability ...