The aim of this paper is to describe some of the mechanisms that connect financial performance rankings with crowd thought and herd trading behaviour. The paper aims to analyse these complex phenomena using data produced ...

This paper examines the current Chilean and Brazilian pension markets, how these pension markets are structured, how they have historically invested their portfolios in ETFs and how they utilize Exchange Traded Funds (ETFs). ...

The phenomena of ‘herding’ or herd behavior can have important effects when it manifests in equity markets as co-movement in trades of institutional money managers. On one hand, the assetsunder management are so large in ...