THE PERFORMANCE OF ROMANIAN FINANCIAL INVESTMENT COMPANIES DURING THE FINANCIAL CRISIS

Abstract

The paper presents an analysis of the main performance ratios of Financial InvestmentCompanies (SIF1, SIF2, SIF3, SIF4 and SIF5) listed and traded at BVB. The variations ofperformance ratios were valued and analysed over a five years period (from 2006 to 2010)following the way in which the results of SIF-s were influenced by the Romanian financialcrisis.

Keywords

• CAPM
• performance ratios
• Sharpe
• Treynor
• Alfa-Jensen