aver dato notazioni e definizioni, viene esposto il Terema fondamentale dell'Asset Pricing, il Risk-Neutral Pricing e le … relationships leading to the "Fundamental Theorem of Asset Pricing" and the "Risk Neutral Pricing" are set, followed by the "no …

return of any financial asset towards the excess risk present on the market. Consequently, this regression calculates the … expected average return for a financial asset that has a "beta" correlation with market risk … "capital market line", se esiste un'attività risk-free o una curva se vi sono solo attività rischiose. Il CAPM non è altro che …

operating income, equity and leverage. Institutional investors have a significant exposure to UEN risk capital and debt: if the … transition process towards a low-carbon system is faster than expected by the market, the risk that these weaknesses may spread … across the financial system shouldn't be underestimated. Analyses based on risk-premium factor models show that there was a …

English Abstract: This study is the first to analyse the portfolio investments underlying the Italian asset management … products held by Italian households in the period 2014-2016. The indirect portfolio is primarily composed of Italian government …

English Abstract: The total costs of investment in an open-end fund include those that are charged on the fund and … assets of funds (1.74 per cent at the end of 2016). Subtracting direct and indirect costs borne by investors, the return on …

haven, especially ahead of shocks related to euro-government-bond markets with higher credit risk premiums. These results …

released by the main International Organizations) the issue of asset allocation does not seem to be specifically addressed … is based on the analysis of the interactions between the short-term behavior of a notional investment fund in sovereign … deficit on GDP). This approach ensures a better performance with respect to the estimates that are obtained from currently …