Global Risk Premia on International Investments
ISBN:
978-3-8244-6497-5
Auflage:
1997
Verlag:
Deutscher Universitätsverlag
Land des Verlags:
Deutschland
Erscheinungsdatum:
14.04.1997
Bearbeiter:
Format:
Softcover
Seitenanzahl:
306
Lieferung in 3-4 Werktagen
Versandkostenfrei ab 40 Euro in Österreich
Capital investing has become a global business. More and more investors tend to allocate significant portions of their portfolios to international stock and bond markets. To successfully control the risk of globally diversified portfolios, asset managers need to have a distinct understanding of the forces influencing the returns on international financial markets. Peter Oertmann provides empirical evidence on the cross-sectional structure as well as the time-evolution of returns and expected returns on international stock and bond markets. Implementing unconditional as well as conditional beta pricing models, the author identifies global economic factors that affect the performance of international investments. The analysis reveals an association between global indicators of current and future economic health and the evolution of risk premia associated with these factors.
Schlagwörter
Biografische Anmerkung
Dr. Peter Oertmann ist Habilitand und Projektleiter am Schweizerischen Institut für Banken und Finanzen der Universität St. Gallen.
Kundenservice im Spannungsfeld zwischen Kostenoptimierung und Kundenzufriedenheit
Erscheinungsjahr:
2024
