Results-based financing is a well-established financing modality in the health and education sectors but it is still in an early stage of deployment in the area of climate change. This report reviews 74 results-based climate financing (RBCF) programs implemented in developing countries with an...

In addition to the Basel II capital ratio, Basel III requires banks to respect additional ratios, such as leverage ratio, liquidity coverage ratio and net stable funding ratio. Banks are required to be compliant with all four constraints simultaneously. Our article provides a framework for banks...

Purpose – Academic research has shown that diversification today may not only include stocks and bonds but also alternative investments like hedge funds. However, practical and effective methods to identify the hedge fund styles that really enhance the risk return characteristics of a...

Grundlagen der Finanztheorie -- Finanzmathematik -- Anwendung bei Finanzinnovationen -- Grundlagen der Aktienanalyse -- Einführung in die Optionspreistheorie -- Hedging von festverzinslichen Positionen -- Kreditderivate -- Mathematischer Anhang.

1. Einleitung -- 1.1 Aufbau und Idee des Buches -- 1.2 Einführung in die Finanzmathematik -- 2. Cash Produkte -- 2.1 Geldmarktprodukte -- 2.2 Loans und Deposits -- 2.3 Verbriefte Geldmarktprodukte -- 2.4 Devisen Forwards und Devisen Swaps -- 3. Kapitalmarktprodukte -- 3.1 Sovereigns -- 3.2...

1 Grundlagen der Finanztheorie -- 1.1 Gegenwartswerte und Opportunitätskosten -- 1.2 Berechnung von Gegenwartswerten -- 1.3 Gegenwartswerte bei Anleihen und Aktien -- 2 Finanzmathematik -- 2.1 Grundlagen der Effektivverzinsung -- 2.2 Verzinsung von Geldmarktpapieren -- 2.3 Effektivverzinsung...