The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey

Serap KAMIŞLI; Neslihan KOCADAYI; Mustafa HAMAD AMEEN

Article Details

The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey

Authors:

Serap KAMIŞLI | Neslihan KOCADAYI | Mustafa HAMAD AMEEN

Publisher:

Çanakkale Onsekiz Mart University

Main Topics:

Sociology and anthropology

Journal:

Girişimcilik ve Kalkınma Dergisi 2020 Vol.15 Issue 2, pp.34-44

Document Type:

Article

Publication Date:

12/2020

Document Language:

Turkish

Document ID (Org No.):

2000467240

Frequency:

Bi-Annual

pISSN:

1306-8946

Abstract:

 

As a result of the liberalization, technological developments, innovations in financial transactions and the formation of new financial instruments since the 1990s, hedge funds have taken their place in the financial markets. It has reached important points in the international markets due to the size of the transaction volume and being the investment fund of the super rich. Strategies used in hedge funds and risks arising from these strategies affect financial markets. Influence of financial markets directly or indirectly affects financial assets and financial indicators. In this context, the study aims to investigate the relationship between hedge fund investments in Turkey and financial indicators. For this purpose, weekly data covering periods 14.08.2015 - 17.01.2020 were used. Then traditional causality and Hatemi-J asymmetric causality tests (2012) were applied to analyze the time series data. As a result of the applied analyzes, both of symmetrical and asymmetrical relationships were determined between the mentioned variables.

Article Details

The Asymmetric Relationships Between Hedge Funds and Financial Indicators: Evidence From Turkey

Authors: Serap KAMIŞLI | Neslihan KOCADAYI | Mustafa HAMAD AMEEN

Publisher: Çanakkale Onsekiz Mart University

Main Topics: Sociology and anthropology

Journal: Girişimcilik ve Kalkınma Dergisi 2020 Vol.15 Issue 2, pp.34-44

Document Type: Article

Publication Date: 12/2020

Document Language: Turkish

Document ID (Org No.): 2000467240

Frequency: Bi-Annual

pISSN: 1306-8946

Issues

Authors:

Serap KAMIŞLI | Neslihan KOCADAYI | Mustafa HAMAD AMEEN

Publisher:

Çanakkale Onsekiz Mart University

Main Topics:

Sociology and anthropology

Journal:

Girişimcilik ve Kalkınma Dergisi 2020 Vol.15 Issue 2, pp.34-44

Document Type:

Article

Publication Date:

12/2020

Document Language:

Turkish

Document ID (Org No.):

2000467240

Frequency:

Bi-Annual

pISSN:

1306-8946