Asia-Pacific Financial Markets

Asia-Pacific Financial Markets OnlineFirst articles

29.06.2022 | Original Research

Best-Case Scenario Robust Portfolio: Evidence from China Stock Market

Stock markets are flooded with various uncertainties such as stock market scenarios, especially the input parameters of stock portfolio models. It is hard for stock market investments to jointly deal with them. Although robust portfolio is the …

20.06.2022 | Original Research

Persistence of Large-Cap Equity Funds performance, market timing ability, and selectivity: evidence from India

In this paper, we examine the persistence of large-cap equity mutual funds performance, market timing skills, and selectivity of fund managers in India. The study uses monthly data of net assets values (NAV), market capitalization, and price to …

28.05.2022 | Original Research

Trading Behaviour of Foreign Institutional Investors: Evidence from Indian Stock Markets

The existence of behavioural bias such as positive feedback trading (PFT) and herding is well researched for advanced economies. This paper explores whether foreign institutional investors (FIIs), a prominent investor group, pursue these …

26.05.2022 | Original Research

Nexus Between Indian Financial Markets and Macro-economic Shocks: A VAR Approach

This paper studies the nexus between asset returns volatility in six major segments of Indian financial markets (viz. money, equity, gsec, forex, equity and banking stocks) and macro-economic shocks (viz. GDP, Inflation, Current Account Deficit …

23.05.2022 | Original Research

Comparing Cost Efficiency Between Financial and Non-financial Holding Banks and Insurers in Taiwan Under the Framework of Copula Methods and Metafrontier

This paper examines the cost efficiency (CE), technology gap ratio (TGR), and overall cost efficiency (OCE) of 43 banks and 27 life insurance companies operating in Taiwan. The use of the copula method to derive the joint probability density …