Transstock Beleggingsstrategieën [new] Review

Transstock Beleggingsstrategieën: A Framework for Cross-Border Equity Transition and Multi-Exposure Management

Capital-weighted allocation across all pairs with open signals. No leverage above 2:1. Transaction costs: 10 bps per trade. transstock beleggingsstrategieën

Traditional beleggingsstrategieën (investment strategies) treat each listing as a separate security. This paper argues for a paradigm shift: Transstock Beleggingsstrategieën explicitly exploit the relationship between cross-listed securities. The term "Transstock" is derived from "transactional stock" and "transnational stock," emphasizing strategies that move value across listings rather than holding a single static position. Prior work on dual-listed shares (DLS) by Froot & Dabora (1999) documented the "Siamese twin" anomalies, where price ratios deviate due to local market sentiment. More recent studies on cross-border arbitrage (Gagnon & Karolyi, 2010) show that transaction costs and short-selling constraints limit arbitrage. However, transition management literature (Fabozzi, 2018) highlights that institutional investors increasingly use "in-kind transfers" between listings to rebalance without market impact. Prior work on dual-listed shares (DLS) by Froot