management the ETFs with negative leverage factors can also be applied for the hedge or cross hedge of a portfolio. These hedging … case that a bearish market is supposed, minimizing the variance of the hedge seems not to obtain better hedging results …, due to a very skewed return distribution of the hedge. The risk measure target-shortfall probability confirms the use of …

This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences … conditions on investment behavior and attitudes towards risk is significant. What is alarming is that intense competitive …

This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences … capital invested in a risky asset and the amount of excessive risk accepted, where a positive value of the latter parameter … conditions on investment behavior and attitudes towards risk is significant. What is alarming is that intense competitive …

particular, we investigate the extent to which a spillover of risk among hedge funds through redemptions and failures of other … funds has affected the probability of fund failure. We find that risk spill-over is significantly related to the failure … within the same investment style are adversely affected through both channels of risk spillover. In addition, we find that …

its MDB rating process. The results are compared with those implied by an industry-standard, ratings-based Credit Risk … that S&P's approach is highly conservative in its evaluation of single name concentration risk and makes insufficient … allowance for PCS. Calibrating the CRM with risk-neutral distributions, the paper examines the effect of PCS on MDB funding …