Institutional investor network, analyst public information and extreme risks

This paper builds the institutional investor network on basis of common stock holdings mutual funds with large positions. Institutional investors share and interact private information through social networks. Seen from separating public information, effects sharing in networks diffusion extreme risks are examined, respectively. Then, integrated impact analyst is analysed. Empirical research has found that spread will decrease probability risks. The restrain market closer lower influence In addition, we also liquidity weakened inhibition fund results provide reference for authorities to regulate participant behaviours so as avoid