June 1, 2014
Journal Articles
Complimentary CONTENT
Multi-Asset Sentiment and Institutional Investor Behavior: A Cross-Asset Perspective
By: Rajeev Bhargava, Ken Froot, State Street Associates
June 1, 2014
By: Rajeev Bhargava, Ken Froot, State Street Associates
By Kenneth A. Froot, Rajeev Bhargava, Edward S. Cuipa, and John S. Arabadjis.
Published in the Journal of Portfolio Management, Summer 2014.
Using an extensive array of institutional behavioral data across asset classes from State Street Associates, we find evidence that suggests market-wide sentiment varies with, and can even be forecasted by, broad aggregates across many indicators of institutional investor flows.
Author Bios
Rajeev Bhargava
Ken Froot
Ken is a professor emeritus at Harvard Business School, a founding partner of State Street Associates, and a founding partner of MKT MediaStats. His research focuses on macroeconomics and markets, leveraging both academic research studies and broad experience working with companies, countries, and official institutions around the world. Ken’s research provides State Street clients with novel perspectives on how capital flows and macro forces influence markets and economies.
State Street Associates
1. Peter L. Bernstein Award for Best Article in an Institutional Investor Journal in 2013; Bernstein-Fabozzi/Jacobs-Levy Award for Outstanding Article in the Journal of Portfolio Management in 2006, 2009, 2011, 2013 (2), 2014, 2015, 2016, 2021; Graham & Dodd Scroll Award for article in the Financial Analysts Journal in 2002 and 2010. Roger F. Murray First Prize for Research Presented at the Q Group Conference in 2012, 2021, 2023. Harry M. Markowitz Award for Best Paper in the Journal of Investment Management in 2022, 2023. Doriot Award for Best Private Equity Research Paper in 2022.