Managerial Finance: Volume 27 Issue 6

Volatility in currency markets

C.I. Kazantzis, N.P. Tessaromatis

Restates the importance of asset volatility forecasts for option pricing and portfolio management and outlines previous research on forecasting models. Discusses the relative…

Macroeconomic factors and stock returns in a changing economic framework: the case of the Athens stock exchange

G.P. Diacogiamnis, E.D. Tsiritakis, G.A. Manolas

Outlines previous research on the capital asset pricing model and its extensions; and fluctuations in the Greek economy and capital market between 1980 and 1992. Develops a…

Risk analysis of bond mutial funds: a case study in the Greek financial market

Panayiotis G. Artikis

Argues that the Greek secondary bond market (opened in March 1999) needs a specific index to approximate its market portfolio for measuring systematic risk (beta) since the Athens…

Evaluation of balanced mutual funds: the case of the Greek financial market

George P. Artikis

Assesses the 1995‐1998 performance of ten domestic balanced mutual funds in the Greek financial market using daily net asset value per unit. Ranks them on the basis of daily…

Equity mutual fund managers performance in Greece

N.D. Filippas, Christine Psoma

Outlines the models devised by Jensen (1968, 1969) and Treynor and Mazuy (1966) for measuring the performance of managed portfolios and related empirical research. Applies the…