The Information Content of International Portfolio Flows

By Kenneth A. Froot, Tarun Ramadorai. 2001

142 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/8384166f43d71f66b38f7e3ec89b7cfad41e29c1

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Tarun Ramadorai
2. Kenneth A. Froot
3. Jeffrey H. Harris
4. Zhishu Yang
5. Albert J. Menkveld
6. John M. Griffin
7. Kalok Chan
8. Selim Topaloglu

In Finance

1. Tarun Ramadorai
2. John M. Griffin
3. Kenneth A. Froot
4. Jeffrey H. Harris
5. Selim Topaloglu
6. Zhishu Yang
7. Albert J. Menkveld
8. Kalok Chan

Citations in the corpus

• Currency Returns, Intrinsic Value, and Institutional-Investor Flows (2005, background): “In equities, there is already considerable evidence rejecting the fundamentals-only view in favor of the flow-centric views (Froot, O’Connell, and Seasholes (2001), Froot and Ramadorai (2001), Cohen, Gompers, and Vuolteenaho (2002), and Choe, Kho, and Stulz (2001) are recent examples).”
• The Determinants of Cross-Border Equity Flows (2005, unknown): “Pagano et al. (1999) and Ahearne et al. (2001) underline the importance of the informational barriers constituted by different national accounting standards and practices.”
• The Dynamics of Institutional and Individual Trading (2003, background): “Grinblatt and Keloharju (2000), Froot, O’Connell, and Seasholes (2001), Seasholes (2000), and Froot and Ramadorai (2001) find evidence of foreign investors’ trades leading price movements, while Choe, Kho, and Stulz (2001) find no evidence of better informed foreign investors in Korea.”
• Information Asymmetry and Asset Prices: Evidence from the China Foreign Share Discount (2008, background): “…nnan and Cao (1997), Choe, Kho and Stulz (2001), and Hau (2001)), others argue that foreign investors have an informational advantage because they possess a significant amount of investment experience and expertise (Seasholes (2000), Grinblatt and Keloharju (2000), and Froot and Ramadorai (2001)).”
• Do Domestic Investors Have an Edge? The Trading Experience of Foreign Investors in Korea (2005, unknown): “Froot, O'Connell, and Seasholes (2001) and Froot and Ramadorai (2001) use flow data to show that foreign investors trade ahead of better returns, though Griffin, Nardari, and Stulz (2004) find in their data set that this effect is mostly due to contemporaneous price pressure.”
• Hedge Funds: Performance, Risk, and Capital Formation (2008, unknown): “There is a growing literature that suggests that institutional investors may be more sophisticated than individual investors (two recent examples are Cohen, Gompers and Vuolteenaho (2001) and Froot and Ramadorai (2005)).”
• Are Daily Cross-Border Equity Flows Pushed or Pulled? (2004, unknown): “Froot and Ramadorai (2002) find similar evidence of predictability and conclude that U.S. investors in closed-end country funds do have information about future fundamentals of foreign stock funds.”
• Do Local Analysts Know More? A Cross-Country Study of the Performance of Local Analysts and Foreign Analysts (2008, unknown): “Froot, O’Connell, and Seasholes (2001) and Froot and Ramadorai (2001) use flow data to show that foreign investors have some ability to predict returns.”