Syfte: Undersökningens syftet är att mäta huruvida det går att få ut en överavkastning av aktier som väljs in i (respektive ut ur) OMX Stockholm Benchmark (OMXSB), som följd av att ett index ändrar sin komposition. Delsyftet är att undersöka om det går att se en signifikant ökning av handelsvolymen i anslutning till ändringsdagen.Metod: Studien tillämpar en eventstudie som undersökningsmetod av kvantitativ karaktär. Studien undersöker indexet OMXSB och innefattade totalt 111 stycken ingående och utgående aktier fördelat på 10 tillfällen. Två eventfönster har konstruerats; ett kring annonseringsdagen och ett kring ändringsdagen. Den procentuella handelsvolymen har mätts över eventfönstret kring ändringsdagen.Resultat: Den genomsnittliga kumulerade överavkastningen för eventfönstret vid annonseringsdagen uppgick till 1,02 % (-6 %) för de aktier som valdes in (ut).

With the help of large amount of archive material I have examined how Gustavsberg in Värmdö were affected by the great labor migration in Gustavsberg porcelain factory during the period 1869-1924. I have chosen to investigate how the municipality dealt with the poverty relief issue out of the labour immigration perspective. To my surprise I found out that Värmdö was not responsible for Gustavsberg in the poverty issue. The workers belonged to the factory, which had a relatively well-developed system of poverty relief in place. This is not to say that the workers received any support from the factory to any great extent.

There are different types of risk, examples include credit risk, liquidity risk and financial risk. In DeMarzo & Berk (2011, s. 293) is a study presented which is based on the yield of different types of financial assets between 1925 and 2009, the study show that a high risk gave substantially higher reward. With the study as a background, it is interesting to study practical risk management within participants of the financial markets of Sweden. In risk management there are several theories about whether risk can be calculated and analyzed with scientific methods in practice.

SEB Merchant Banking provides to its institutional customers a true market neutral product called Dynamic Manager Alpha (DMA). The DMA is constructed by a long position in an exceptionally well performing mutual fund and a beta adjusted short position in an appropriate index. The key to making the product market neutral is adjusting with the correct beta, since the beta changes, it is very important to have a good model for predicting beta in the future.This master thesis begins with describing what beta is in a CAPM sense. It then continues with recognizing the so called ?Two Beta Trap?, which separates two kinds of beta.

SEB Merchant Banking provides to its institutional customers a true market neutral product called Dynamic Manager Alpha (DMA). The DMA is constructed by a long position in an exceptionally well performing mutual fund and a beta adjusted short position in an appropriate index. The key to making the product market neutral is adjusting with the correct beta, since the beta changes, it is very important to have a good model for predicting beta in the future.This master thesis begins with describing what beta is in a CAPM sense. It then continues with recognizing the so called ?Two Beta Trap?, which separates two kinds of beta.

Abstract:This thesis work has been conducted at the Real Estate Department in Halmstad.The department consists of a construction/project management-unit and an operation/management-unit.Like many other towns in Sweden, Halmstad has had a long lasting problem with indoor environment. Not at least at their preschools.Today they are constructing from current building regulations. They have learned from negative experiences which have occurred in the indoor environment in older buildings.Focus is now on healthy materials, like low emission value, energy efficiency and optimization of the building, but still with soft parameters such as cleaning, interior and choice of materials.The fixtures is provides by the real estate department and the furnishings are provides by the children and youth administration. Together they are trying to provide a great indoor environment.I have, together with the real estate department and the children and youth administration of Halmstad, investigated how to provide a good indoor environment in the preschools with small Funds.In my thesis there is one theoretical part with a questionnaire survey of how the preschool staff is experiencing their indoor environment to determine where the problems often start. And a practical part with measurements to try and come down to a result that analysis the cause of the problems and also to make sure that the ventilation systems are fulfilling projected values.The measurements and the questionnaire surveys was made at Lokes preschool in Frösakull, Askens preschool in Oskarström and Gullbrandstorps preschool.There were some differences between the staff-responses at the three different preschools.At Askens preschool they feel that the premises are cleaned poorly.At Gullbrandstorps preschool they feel that the indoor-air is bad because they can´t open the windows.

SEB Merchant Banking provides to its institutional customers a true market neutral product called Dynamic Manager Alpha (DMA). The DMA is constructed by a long position in an exceptionally well performing mutual fund and a beta adjusted short position in an appropriate index. The key to making the product market neutral is adjusting with the correct beta, since the beta changes, it is very important to have a good model for predicting beta in the future.This master thesis begins with describing what beta is in a CAPM sense. It then continues with recognizing the so called ?Two Beta Trap?, which separates two kinds of beta.

SEB Merchant Banking provides to its institutional customers a true market neutral product called Dynamic Manager Alpha (DMA). The DMA is constructed by a long position in an exceptionally well performing mutual fund and a beta adjusted short position in an appropriate index. The key to making the product market neutral is adjusting with the correct beta, since the beta changes, it is very important to have a good model for predicting beta in the future.This master thesis begins with describing what beta is in a CAPM sense. It then continues with recognizing the so called ?Two Beta Trap?, which separates two kinds of beta.

SYFTESyftet med uppsatsen är att analysera Svenska hedgefonders historiska avkastning beträffande riskjusterad avkastning och korrelation mot marknaden. Vidare studeras dessa faktorer ur ett investerarperspektiv för att undersöka huruvida Svenska hedgefonder fyller ett syfte som komplement i en marknadsportfölj. METOD Uppsatsen använder sig till största del av kvantitativ data som insamlas med hjälp av relevanta teorier. Kvalitativ data såsom intervjumaterial är ett komplement till de kvantitativa data och leder så småningom till ett större djup i analysdelen. Undersökningen gällande den historiska avkastningen för Svenska hedgefonder är uppdelad i tre olika tidsperioder.

SEB Merchant Banking provides to its institutional customers a true market neutral product called Dynamic Manager Alpha (DMA). The DMA is constructed by a long position in an exceptionally well performing mutual fund and a beta adjusted short position in an appropriate index. The key to making the product market neutral is adjusting with the correct beta, since the beta changes, it is very important to have a good model for predicting beta in the future.This master thesis begins with describing what beta is in a CAPM sense. It then continues with recognizing the so called ?Two Beta Trap?, which separates two kinds of beta.

Titel: Fonders förvaltningsavgifter vs avkastning ? Lönar det sig att betala lite mer eller är det bara dumdristigt?Seminariedatum: 2008-06-04Ämne/kurs: Magisteruppsats/ D-nivåFörfattare: Anna Asplund och Malin ElfvingHandledare: Stig WesterdahlNyckelord: Fonder, Förvaltningsavgifter, TKA, AvkastningSyfte: Syftet med studien är att undersöka om det föreligger ett samband mellan fonders förvaltningsavgifter och dess avkastning samt om avkastningen och förvaltningsavgifterna skiljer sig mellan olika fondtyper.Metod: Studien bygger på en deduktiv forskningsansats eftersom vi utgår från befintliga begrepp och teorier. Då vi ville undersöka en stor population har vi använt oss av en kvantitativ forskningsstrategi. Studien grundar sig på åren 2004-2007. För att bestämma ett samband mellan de två variablerna förvaltningsavgift och avkastning har vi använt oss av regressionsanalyser.

It appears from today's debate about the quality of social work and addiction treatment that largely focuses on the impact of recent various interventions in the hope of being able to alter social work's role in society and also the organizational structure. The debate points to a part of the 1970s social welfare debate. Today's aspirations to establish an evidence-based practice can hardly be expected to solve the social services basic dilemmas is that it always have to do something, despite the many times you cannot get clear instructions on which Funds should be used by law or science. Even if you follow the rules and practices based on scientific studies should the importance of various key initiatives to remedy deficiencies in social service work with addicts in large part depend on how, in these initiatives define the term "evidence-based practice" and what steps will be indicated for to develop practice. My starting point was to explore how evidence-based social work in connection with medication-assisted treatment for opiate addiction look, which evidence-based interventions Social Services currently uses in connection with medication-assisted treatment for opiate addiction, as well as how to work with it in the ordinary course of business. The study showed that social services have become better at using these methods in recent years and that today there are more tools available than before.

Background: The theater market has matured ? supply now exceeds demand. Government Funds are on a decrease, replaced by other means of financing. The city of Stockholm will be introducing a bonus system that will benefit independent theater groups that succeed to increase their revenue and attendance. Hence, the audience will play an even greater role, a tendency some free theater groups come to terms with by interacting with the audience to create value.Thesis statement: What factors lead to the long-term survival of the independent theater groups, allowing them to benefit from the imminent bonus system?Purpose: To analyze and evaluate the marketing strategies of the independent theater groups, in reference to their capability of long-term survival through value creation along with the audience, thereby increasing attendance and ticket revenue.Methodology: The study combines quantitative and qualitative approaches and methods.

Over a long period of time, there has been a rich debate in the academic and financial world if active management can generate an excess return. Many experts say that the current active management strategies is nothing more than a money grab that produces large gains, for banks and investment firms, through high management fees while producing no excess value for the individuals buying their service. In short, an effective market makes it almost impossible for fund managers to produce value for their clients in the long run.No argument has only one side though, other experts say that active management has a role to play because not all investors are rational. This irrationality can lead to mispricing on financial assets in the marketplace and in turn lead to an ineffective market where active management can fill a much needed role. The purpose of this study is therefore to see if active management strategies can create a higher risk adjusted return, taking management fees into consideration, during times of high volatility when the uncertainty is at its peak.

Mellan år 1984-2000 ökade andelen aktieägare bland Sveriges befolkning markant, från 29 till 80 %, för att mellan år 2000 och 2008 ligga stabilt runt 80 %. Då allt fler får sin inkomst från kapital och inte endast från arbete borde detta leda till nya normativa föreställningar kring välfärdsstatens utformning och finansiering. Studien jämför kvantitativa studier kring utbredningen av aktieägandet och attityder till välfärdsstatens institutioner och premisser mellan åren 1984-2008. Med aktieägande avses en inkluderande definition av både direkt ägande av enskilda aktieposter samt innehav av fondandelar, såsom pensionsfonder. Studiens primära hypotes är att ökat aktieägande leder till mer negativa attityder till välfärdsstaten.