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
Significant donation to boost pavement engineering research and education
Companies and associations in the field have donated €400,000 to the School of Engineering.
Design strengthens industrial competitiveness – human-centered factory work at the core
Factory work is undergoing a transformation: new technologies and artificial intelligence are changing the content and roles of work. Aalto University’s Department of Design is studying this change from a human-centered perspective in the HiFive project.
Learning to slow down: cold-water swimming benefits explored in new study
Swimming in cold water offers a temporal slowdown, promoting stress management and mental clarity that lingers long after the experience, says research from Finland.