Portfolio Diversification

• Author : Francois-Serge Lhabitant
• Publisher : Elsevier
• Release : 26 September 2017

Portfolio Diversification provides an update on the practice of combining several risky investments in a portfolio with the goal of reducing the portfolio's overall risk. In this book, readers will find a comprehensive introduction and analysis of various dimensions of portfolio diversification (assets, maturities, industries, countries, etc.), along with time diversification strategies (long term vs. short term diversification) and diversification using other risk measures than variance. Several tools to quantify and implement optimal diversification are discussed and illustrated. Focuses on

• Author : Frederik Bruns
• Publisher : Diplomica Verlag
• Release : 23 March 2023

Modern Portfolio Theory is a theory which was introduced by Markowitz, and which suggests the building of a portfolio with assets that have low or, in the best case, negative correlation. In times of financial crises, however, the positive diversification effect of a portfolio can fail when Traditional Assets are highly correlated. Therefore, many investors search for Alternative Asset classes, such as Renewable Energies, that tend to perform independently from capital market performance. 'Windfall Profit in Portfolio Diversification?' discusses

• Author : Mr.Garry J. Schinasi,T. Todd Smith
• Publisher : International Monetary Fund
• Release : 01 October 1999

Models of “contagion” rely on market imperfections to explain why adverse shocks in one asset market might be associated with asset sales in many unrelated markets. This paper demonstrates that contagion can be explained with basic portfolio theory without recourse to market imperfections. It also demonstrates that “Value-at-Risk” portfolio management rules do not have significantly different consequences for portfolio rebalancing and contagion than other rules. The paper’s main conclusion is that portfolio diversification and leverage may be sufficient to

• Author : Miklós Koren
• Publisher : International Monetary Fund
• Release : 01 December 2003

The paper provides a general-equilibrium model where incomplete international financial markets lead to insufficient industrial specialization and low international trade. As international portfolio diversification is limited and productivity is uncertain, investors wish to maintain a diversified industrial structure rather than specializing according to their comparative advantage. Financial globalization then induces more specialization and more trade. The present framework yields explicit closed-form solutions for the volume and the structure of trade. Empirical results support the implications of the theory. Trade in

• Author : G. Gregoriou
• Publisher : Springer
• Release : 17 November 2006

This book addresses the importance of diversification for reducing volatility of investment portfolios. It shows how to improve investment efficiency, and explains how international diversification reduces overall risk while enhancing performance. This book is a crucial tool for any investor looking to improve the profit gain from their investment.

• Author : Daniel O. Klier
• Publisher : Springer Science & Business Media
• Release : 28 May 2009

There has been a long tradition of research on the relation between diversification and performance of public corporations in the strategy and finance fields. As for private equity portfolios, research on this matter is rather scarce. From a theoretical as well as from a practical perspective, however, it is interesting to know more about the relation between private equity portfolio diversification and performance, how private equity firms manage their portfolios, and what public companies can learn from private equity firms.

• Author : Indi Rajasingham
• Publisher : International Monetary Fund
• Release : 01 November 1991

An approach for minimizing risk through diversification of foreign exchange reserves and sovereign borrowings is proposed for central banks of small open economies. This approach--developed in a simple 2-period, 3-country framework--differs from past work in that the elements of exchange and price risk associated with trade and payments are considered in the portfolio allocation problem. The analysis shows that the net level of reserves and the primary transactions balance affect the optimal portfolio leading to deviations from the optimal allocation

• Author : A. Brooks-Senftleben
• Publisher : Unknown
• Release : 23 March 1994

• Author : Robert L. Hagin
• Publisher : John Wiley & Sons
• Release : 01 February 2004

A new look at the important issue of investment management in the 21st century Written for professional and private investors-as well as fiduciaries who rely on investment professionals-this book presents the content of an advanced investment-management course in an easy-to-read, question-and-answer format. Robert L. Hagin (Haverford, PA) is a 30-year investment management veteran who recently retired as Executive Director for Morgan Stanley Investment Management.

• Author : Donald R. Lessard
• Publisher : Unknown
• Release : 23 March 1970

• Author : Harry Markowitz
• Publisher : Yale University Press
• Release : 01 October 2008

Embracing finance, economics, operations research, and computers, this book applies modern techniques of analysis and computation to find combinations of securities that best meet the needs of private or institutional investors.

• Author : Anonim
• Publisher : GRIN Verlag
• Release : 08 March 2023

Master's Thesis from the year 2020 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,7, Justus-Liebig-University Giessen, language: English, abstract: The social responsibility of business is to increase its profits. This is frequently quoted from Milton Friedman, who responds with his doctrine to a corporate’s social responsibility towards its shareholders. This former economic approach highlights therewith the entrustment of investments solely for shareholder value maximization and declares a minimum of social responsibility towards the public, the society,

• Author : Daniel A. Strachman,Richard S. Bookbinder
• Publisher : John Wiley and Sons
• Release : 13 November 2009

Valuable guidance on fund of funds investing While capital markets have become more complex, investors are still looking to increase portfolio performance without increasing risk. Fund of funds investing is one such avenue to pursue. This practical guide provides you with the tools needed to understand and evaluate your investments in this often opaque area of finance. In Fund of Funds Investing, hedge fund expert Daniel Strachman and fund of funds manager Richard Bookbinder offer valuable insights into this world

• Author : Robert Reback
• Publisher : Unknown
• Release : 23 March 1972

• Author : Lawrence J. Gitman,Michael D. Joehnk
• Publisher : HarperCollins Publishers
• Release : 23 March 1990

Renowned for its writing style, trademark example method, and learning goals, Gitman and Joehnk's classic investment text is now in its Seventh Edition. Addressing the growing demand to learn how to manage personal investments and finances, the authors have turned the spotlight on individual rather than institutional investors. Their strong real-word focus includes superior coverage of mutual funds, international investments, and investment decision techniques. The new edition makes use of the Internet through exercises and cross references to Internet resources.