ANALYSIS OF INSTITUTIONAL INVESTMENT BEHAVIOR ON RISKY ASSET

This paper empirically examined institutional investment behaviours in various investment securities, such as equity security, debt security, and the relationship between risk-free asset and risky asset of deposit money bank. Data were sourced from the annual financial statement of five most capitalized banks (Zenith bank, GTB, FBNH, Access bank and UBA) in Nigeria from 2011 to 2020. Using Line charts, descriptive statistics, box plot (five number summaries), and ANOVA to interpret the data for the study, the empirical findings revealed a significance difference on behaviour of institutional investors between risk-free assets and risky assets. This implies that sound investment decisions are very critical in enhancing the profitability of any organization. The study further revealed that Banks investment behaviour is dependent on many factors such as trends in returns, investment behaviour of other players in the financial market, previous experiences, heuristic, and the potential outcome of certain investment decision. Based on the empirical findings of this study, the following recommendations are made: Institutional investors should invest more in risk free asset than risky asset if they want to stay in business and they should carry out both fundamental and technical analysis when deciding on the investment to embarked upon so as to guide their choice investments