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Constant Proportion Portfolio Insurance

Constant Proportion Portfolio Insurance


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About the Book

Anleger haben derzeit ein Problem, wollen sie ihr Vermögen inflationsbereinigt erhalten oder vermehren, reichen Renditen von festverzinslichen Wertpapieren oder klassischen Spareinlagen nicht aus. Besonders institutionelle Anleger befinden sich in der Zwickmühle, denn sie benötigen konstante und berechenbare Cashflows. Das aktuelle Zinsumfeld ist dafür deutlich zu gering. Da der geforderte Ertrag nicht zu verdienen ist, bewegen sich institutionelle Anleger auf die riskante Anlageform der Aktien zu. Jedoch ist ihr Sicherheitsbedürfnis zu stark ausgeprägt, um das ungesicherte Risiko einer Aktienanlage zu tragen. Zusammenfassend haben Anleger zwei Probleme: Erstens das Risiko einer Aktienanlage und zweitens das niedrige Zinsumfeld. Eine Lösung können Anlagestrategien mit Wertsicherungskonzepten bieten. Die Idee hinter Wertsicherungskonzepten ist eine Partizipation an Aktienkursen nach oben und eine Absicherung nach unten. Im Zuge dieser Untersuchung wird geklärt, ob Wertsicherungssysteme am Beispiel der CPPI funktionieren. Besonders wichtig ist der Vergleich zum risikolosen Zins. Zusätzlich wird geklärt, ob das aktuelle Zinsumfeld für CPPI geeignet ist.
About the Author: Steffen Mantel wurde 1990 in der Doppelstadt Villingen-Schwenningen im Schwarzwald geboren. Nach dem Abitur und einem Zivildienstjahr folgte das wirtschaftswissenschaftliche Studium an der Dualen Hochschule Baden-Württemberg in Villingen-Schwenningen. Im Jahr 2014 schloss der Autor das Studium erfolgreich mit dem Titel Bachelor of Arts (DH) ab. Neben der praktischen Erfahrung in einer Bank entwickelte der Autor ein vertieftes Wissen im Bereich der Geldanlage. In diesem Zuge und des zu der Zeit stark prägenden Niedrigzinsumfeldes wurde die vorliegende Untersuchung angefertigt.


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Product Details
  • ISBN-13: 9783959345279
  • Publisher: Diplomica Verlag Gmbh
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 6 mm
  • Weight: 199 gr
  • ISBN-10: 3959345275
  • Publisher Date: 21 Apr 2015
  • Height: 210 mm
  • No of Pages: 116
  • Series Title: German
  • Sub Title: Eine Untersuchung im Kontext des Niedrigzinsumfeldes
  • Width: 148 mm


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