search query: @author Mueller, H. / total: 5
reference: 3 / 5
| Author: | Blanco, J. Mueller, H. |
| Title: | Put-Optionen als Instrumente der Portfolioinsurance: Investitionsstrategien fuer institutionelle Anleger? /Puts as instruments of portfolioinsurance:Investment strategies for institutional investors?/ |
| Journal: | Schweizerische Zeitschrift für Volkswirtschaft und Statistik
1988 : VOL. 124:3, p.391-404 |
| Index terms: | STOCK MARKETS INSTITUTIONAL INVESTORS PORTFOLIO INVESTMENT |
| Language: | ger |
| Abstract: | Options and the possibility of portfolio insurance can in future make stocks more attractive. This paper presents a simulation based on Swiss stock-market data which shows that portfolio insurane makes different stages possible ranging from pure stock portfolio to a risk free asset. Then Pareto-efficient risk allocations /not linear/ are analysed by means of Borch's theorem. At the end it is discussed what group institutional investors belong to. |
SCIMA