Analyse verschiedener Investmentphilosophien und -stile im Portfoliomanagement
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Analyse verschiedener Investmentphilosophien und -stile im Portfoliomanagement

Analyse verschiedener Investmentphilosophien und -stile im Portfoliomanagement


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About the Book

Inhaltsangabe: Einleitung: Im Jahr 2002 gaben die Aktienmärkte weltweit kräftig nach. Verantwortlich hierfür waren zum einen die unerwartet schwache Konjunktur und zum anderen massive Umschichtungen von Aktien in sichere Staatsanleihen. Auch wenn sich im abgelaufenen Jahr 2003 die Stimmung an den internationalen Kapitalmärkten aufgehellt hat, bleibt die Überzeugung, dass zu einem zeitgemäßen Portfoliomanagement neben Renditegesichtspunkten auch das Risiko ausreichend quantifiziert werden muss. In diesem Zusammenhang gewinnen die Investmentphilosophien und -stile im Portfoliomanagement eine doppelte Bedeutung. Für die Fondsgesellschaften ist es nicht alleine wichtig, durch eine klare Definition der Investmentphilosophien und -stile einen effektiven Investmentprozess zu gewährleisten. Darüber hinaus bilden insbesondere die gewählten Investmentstile die Grundlage für eine klare Kommunikation zum Anleger und helfen somit Vertrauen zurückzugewinnen. Denn nur wenn Investmentphilosophien und -stile zielgerichtet ausgesucht und stringent angewendet werden, können sie glaubhaft gegenüber der Anlegerseite vermittelt werden. Die vorliegende Arbeit setzt sich zum Ziel, verschiedene Investmentphilosophien sowie ausgewählte Investmentstile der Aktienanlage sowohl theoretisch darzustellen als auch kritisch zu analysieren. In einem zweiten Schritt werden darauf aufbauend ausgesuchte Investmentstile sowie deren Darstellung durch die Fondsgesellschaften anhand von Praxisbeispielen untersucht. Gang der Untersuchung: In Kapitel 2 erfolgt zunächst eine Begriffsbestimmung von Investmentphilosophie und der ihr zugrunde liegenden Kapitalmarkteffizienz. Daraus lassen sich aktive und passive Investmentansätze ableiten, die nachfolgend dargestellt, analysiert und abschließend kritisch bewertet werden. Insbesondere auf dem aktiven Investmentansatz aufbauend folgt in Kapitel 3 die Analyse verschiedener Investmentstile. Auf dieser Basis können in Kapitel 4 Value- und Growth-Fonds vor aktuell


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Product Details
  • ISBN-13: 9783838678627
  • Publisher: Diplom.de
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 6 mm
  • Width: 148 mm
  • ISBN-10: 3838678621
  • Publisher Date: 30 Mar 2004
  • Height: 210 mm
  • No of Pages: 92
  • Series Title: German
  • Weight: 181 gr


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