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Article
Fundamental investment research – Do US results apply to Australian investors?
JASSA: The Finsia Journal of Applied Finance (2009)
  • Bruce Vanstone, Bond University
  • Tobias Hahn, Bond University
  • Gavin Finnie, Bond University
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.

Keywords
  • value-based investment,
  • Australia,
  • fundamental analysis
Publication Date
December 1, 2009
Publisher Statement
Accepted Version.

Vanstone, B., Hahn, T. & Finnie, G. (2009). Fundamental investment research – Do US results apply to Australian investors? JASSA: The Finsia Journal of Applied Finance, (4), 13-16.

Access the publisher's website.

2009 HERDC submission. FoR Code: 1501

© Copyright JASSA, 2009

This article is reproduced with permission from Finsia- Financial Services Institute of Australasia.
Citation Information
Bruce Vanstone, Tobias Hahn and Gavin Finnie. "Fundamental investment research – Do US results apply to Australian investors?" JASSA: The Finsia Journal of Applied Finance Iss. 4 (2009)
Available at: http://works.bepress.com/bruce_vanstone/20/