In this article, we investigate risk return characteristics and diversification benefits when private equity is used as … investments. When the portfolio size is increased from 15 to 200 there are few marginal risk diversification effects on the one …. There is a high marginal diversifiable risk reduction of about 80% when the portfolio size is increased to include 15 …

of generating a return using structured funds as vehicles for investment. With financial markets in turmoil, art as an … alternative asset class is being incorporated into portfolios in the interest of diversification. However, the volatility and … investigate two art funds, the London Fine Art Fund and The Art Trading Fund, and assess how they operate as vehicles for …

Colombian Stock Market for the First Half of 2008</h2> This paper shows a special situation where a portfolio created based on … Tobin’s separation theorem does not match the Markowitz efficient set. Next a review of Markowitz´s portfolio selection … covariances of these returns, nor to suggest an optimal portfolio for an investor with a particular utility function, but to …

contrarian strategy by believing that loser portfolio will experience of rebound conversely degradation at share winner portfolio …

possibility of risky assets diversification to obtain the optimal return/risk ratio. Consequently, this paper aims to examine the … risk, with lower volatility toward market changes and major specific risk. For the Hungarian portfolio, the performance is …-known theories of financial instruments' risk minimization is the modern portfolio theory, which is the collection of tools and …

inclusion of even a small proportion of Bitcoins, say 3%, may dramatically improve the risk-return trade-off of welldiversified … the standpoint of a U.S. investor with a diversified portfolio including both traditional assets (worldwide stocks, bonds … distinctive features, including exceptionally high average return and volatility. Its correlation with other assets is remarkably …

This paper is the first systematic analysis of the impact of diversification on the performance of private equity funds … diversification across financing stages, but increases with diversification across industries. Accordingly, the fraction of portfolio … companies which have a negative return or return nothing at all, increase with diversification across financing stages …

compensation of fund managers to the excess return of the managed portfolio over a benchmark portfolio. The contract parameters … ("fulcrum") performance fees distort the allocation of managed portfolios in a way that induces a significant and unambiguous …This paper analyzes the asset pricing implications of commonly-used portfolio management contracts linking the …

portfolio allocation processes by long-term private equity investors. Large increases in systematic risk in recent years cast … show that aggregate market risk varies strongly over time and is positively correlated with the market return variance …Structure and stability of private equity market risk are still nearly unknown, since market prices are mostly …