This study evaluates the use of futures contracts for precious metals to hedge against stock
market risks and their hedging effectiveness on the Indonesian Stock Exchange (IDX) and …

It is well documented that less risky assets tend to outperform their riskier counterparts
across asset classes. This paper provides a structured summary of the current state of …

This study evaluates overall monthly performances of 128 Islamic mutual funds (IMFs) for the
period of January 1990 to April 2009. It employs Sharpe, Treynor and Jensen ratios to the …

The Sharpe ratio emerges as one of the most popular metrics used in the evaluation of
investment performance despite the wide range of alternatives that have been proposed by …

This article presents the most compelling empirical evidence yet of a low-risk anomaly in
fixed-income markets. The authors show that portfolios invested in bonds with the lowest risk …

The study aims to measure each Sharia mutual fund performance and compare with market
performance in Indonesia. Sharia mutual fund investment instruments in Indonesia have …

In this paper we investigate and evaluate factor investing in the US and Europe for equities
and bonds. We show that factor‐based portfolios generally produce comparable or better …

Bond carry is the expected return on a bond when the yield curve does not change. The
curve carry strategy within each country constructs buckets based on bond maturities on a …

This paper explores why the size effect vanished after the early 1980s. We show that the
size effects are significantly positive primarily at the bottom of the business cycles. More …

One of the essential concerns of investors of all time is to choose the best investment
opportunities to capitalize on the value of their investment in stocks. Its objective is to …