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Contribution Details

Type Bachelor's Thesis
Scope Discipline-based scholarship
Title Asset Allocation – Decisions and behavior of Swiss institutional investors during COVID-19
Organization Unit
Authors
  • Roopesh Rambeas
Supervisors
  • Alexander Wagner
  • Stefano Ramelli
Language
  • English
Institution University of Zurich
Faculty Faculty of Business, Economics and Informatics
Number of Pages 54
Date 2021
Abstract Text The thesis investigates how and why Swiss institutional investors changed their asset allocations during the COVID-19 stock market crash. The research is conducted through the design of an online survey that is distributed to pension funds, asset managers, and strategy funds. An analysis shows that the investors did not amend their investment strategy and did not use tactical allocation measures. The decisions are not motivated by emotions. Furthermore, Swiss institutional investors implemented at least one precautionary measure when first hearing about a potential pandemic. The investors’ short- and long-term market views have generally not changed due to the COVID-19 crisis.
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