Fundamental investment research - do US results apply to Australian investors?

Bruce J Vanstone, Tobias Hahn

Research output: Contribution to journalArticleResearchpeer-review

1 Downloads (Pure)

Abstract

For many investors, the financial crisis of 2008 and 2009 has sparked renewed interest in value-based investment approaches. There is much published research supporting the use of fundamental analysis for value-based investment, and much of this research comes from the US. In previous articles, we have shown that US based fundamental investment research does not translate well to the Australian market. In this paper, we show how to test a well documented US fundamental investment strategy and find that it also does not transfer well to our Australian market.
Original languageEnglish
JournalJASSA
Issue number4
Publication statusPublished - 2009

Fingerprint

Investors
Financial crisis
Investment strategy
Fundamental analysis

Cite this

@article{a58500b0b875473783635a2140430bca,
title = "Fundamental investment research - do US results apply to Australian investors?",
abstract = "For many investors, the financial crisis of 2008 and 2009 has sparked renewed interest in value-based investment approaches. There is much published research supporting the use of fundamental analysis for value-based investment, and much of this research comes from the US. In previous articles, we have shown that US based fundamental investment research does not translate well to the Australian market. In this paper, we show how to test a well documented US fundamental investment strategy and find that it also does not transfer well to our Australian market.",
author = "Vanstone, {Bruce J} and Tobias Hahn",
year = "2009",
language = "English",
journal = "JASSA",
issn = "0313-5934",
publisher = "Financial Services Institute of Australasia",
number = "4",

}

Fundamental investment research - do US results apply to Australian investors? / Vanstone, Bruce J; Hahn, Tobias.

In: JASSA, No. 4, 2009.

Research output: Contribution to journalArticleResearchpeer-review

TY - JOUR

T1 - Fundamental investment research - do US results apply to Australian investors?

AU - Vanstone, Bruce J

AU - Hahn, Tobias

PY - 2009

Y1 - 2009

N2 - For many investors, the financial crisis of 2008 and 2009 has sparked renewed interest in value-based investment approaches. There is much published research supporting the use of fundamental analysis for value-based investment, and much of this research comes from the US. In previous articles, we have shown that US based fundamental investment research does not translate well to the Australian market. In this paper, we show how to test a well documented US fundamental investment strategy and find that it also does not transfer well to our Australian market.

AB - For many investors, the financial crisis of 2008 and 2009 has sparked renewed interest in value-based investment approaches. There is much published research supporting the use of fundamental analysis for value-based investment, and much of this research comes from the US. In previous articles, we have shown that US based fundamental investment research does not translate well to the Australian market. In this paper, we show how to test a well documented US fundamental investment strategy and find that it also does not transfer well to our Australian market.

M3 - Article

JO - JASSA

JF - JASSA

SN - 0313-5934

IS - 4

ER -