A Beta-return Efficient Portfolio Optimisation Following the CAPM: An Analysis of International Markets and Sectors

Author:   Markus Vollmer
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Edition:   2015 ed.
ISBN:  

9783658066338


Pages:   124
Publication Date:   30 July 2014
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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A Beta-return Efficient Portfolio Optimisation Following the CAPM: An Analysis of International Markets and Sectors


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Overview

Investors are trying to generate excess returns through active investment strategies. Since the outbreak of the financial crisis, investors face a situation where increased risks are accompanied by falling key interest rates. An optimal portfolio in terms of risk and return becomes a perpetual motion machine. Markus Vollmer answers the question how the seemingly impossible could still be achieved by an empirical analysis of historical data of 1’800 stocks listed at equity markets in 24 countries covering all 19 super sectors. The author offers valid and reliable findings by using the previously mentioned data proxy. He reveals purposefully the need for further research and simultaneously he derives specific and applicable guidelines for the design of investment strategies which are extremely exciting for both the institutional expert and the private investor.

Full Product Details

Author:   Markus Vollmer
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer Gabler
Edition:   2015 ed.
Dimensions:   Width: 14.80cm , Height: 0.80cm , Length: 21.00cm
Weight:   1.906kg
ISBN:  

9783658066338


ISBN 10:   3658066334
Pages:   124
Publication Date:   30 July 2014
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

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In addition to his lectureship for investment, corporate finance and risk management at the University of Applied Sciences in Stuttgart (HFT Stuttgart), Markus Vollmer presides over the controlling department at a medium-sized company.

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