Dieses Buch bietet eine aktuelle und praxisnahe Einführung in die komplizierte Materie des Investmentsteuerrechts, die immer mehr an Bedeutung zunimmt, denn nach jüngsten Schätzungen besitzen schon ca. 60% aller deutschen Haushalte Anteile an Investmentfonds. Der Schwerpunkt der Darstellung...

Real estate is the biggest real asset class in an economy, and Germany is the biggest economy in Europe. This implies opportunities as well as specific risks for investors and policy makers. As the German real estate markets have by and large been spared severe disruptions in the course of the...

The past decade has witnessed a significant increase in cross-border capital flows and a pronounced shift in their composition towards portfolio investment, with much of the capital under management by mutual funds or "collective investment institutions" resident in OECD countries, as well as in...

Im Wettbewerb der Finanzmärkte nehmen Offshore-Finanzzentren wie Guernsey und Luxemburg eine Sonderstellung ein: Finanzinnovationen sowie liberale Rechtsvorschriften eignen sich dazu, Finanzunternehmen zur Auslagerung bestimmter Tätigkeitsfelder in Finanzplätze zu bewegen, die nicht in...

Introduction : a democratic impulse -- Food co-operatives before the Depression -- Food co-operatives, 1930s to 1950s -- Ithaca Consumer Co-operative Society -- The Hyde Park Co-operative Society -- Hanover Consumer Co-operative Society -- Adamant Food Co-operative and Putney Food Co-operative...

We document a curious feature of the German mutual fund industry. Unlike U.S. mutual funds, funds domiciled in Germany do not necessarily compute their net asset values (NAV) as of market close. Using a sample of German equity funds, we infer each fund's NAV closing time from the best-fit market...