This paper studies the performance of Romanian balanced funds over the period 2005-2011. It analyzes recent evolutions of Romanian balanced funds industry and it tries to assess the risk-adjusted performance of this category of funds as well as the market timing and selectivity abilities of...

A huge number of financial institutions and companies use the options in risk management. A particularly important issue that arises when it comes to options is fixing their value. In this paper we present the classical models for valuing options: Black-Scholes model and binomial model....

By taking into consideration that any macroeconomic administration activity it is either compulsory or necessary to be oriented for the obtaining of a complex system of optimum results, the post-crisis context become strictly correlated to the crisis one; this is mean that the management of the...