How institutional investors factor into efficient markets raises questions. Many consider institutional investors to have private information
Question:
How institutional investors factor into efficient markets raises questions. Many consider institutional investors to have private information that results from better analysis of public information and greater resources. Obviously, whether these institutions can expect to discover the private information and thus expect to earn abnormal returns in the long run is an issue. Indeed, whether the information set of institutions belongs in the semistrong or strong form group is arguable. LO.1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Markets And Institutions
ISBN: 9781259919718
7th Edition
Authors: Anthony Saunders, Marcia Cornett
Question Posted: