John Paul Broussard's, Jussi Mikkonen's, and Vesa Puttonen's article "Style Migration in Europe" Forthcoming in European Financial Management
John Paul Broussard's, Jussi Mikkonen's, and Vesa Puttonen's article "Style Migration in Europe" Forthcoming in European Financial Management
The paper complements the literature on style migration by examining value and size premiums throughout Europe. Information from more than 25 European markets indicates an average value premium of 9.58% per year. The primary determinants of the persistent value outperformance are: 1) value firms migrating to a neutral or growth portfolio, and 2) growth stocks migrating to neutral or value portfolios. The financial health metric F_SCORE helps uncover outperforming stocks ex ante, and provides preliminary evidence on the probability of migration, but only for small stocks.
Read more news
Learning, growing, and exploring: a path through doctoral studies at Aalto
Hamidreza Daghigh Shirazi reflects on his doctoral journey at Aalto University
Markus Joutsela: “Packaging is an underutilized medium, user interface, and experiential element”
In our “I claim” series, lecturer and researcher Markus Joutsela examines how user-centered design can change the way packaging is made and experienced.
Professor Tuuli Mattelmäki: “Insight often comes through surprise”
Professor of Design is researching how creative and empathetic working methods can promote social change and eco-social sustainability.