Portfoliomanagement ist ein Bereich innerhalb der Wirtschaftswissenschaft; der traditionsgemäß nicht nur Wissenschafter interessiert und für den es deshalb umfangreiche Literatur für verschiedene Leserkreise gibt. Es ist deshalb wichtig, dass niveauvolle wissenschaftliche Erkenntnisse nicht...

In order to shed light on the "black box" of institutional equity investing in a systematic manner, I conducted a broadly based questionnaire which received a large response from German mutual fund companies. The survey asked fund managers for their basic views and practices and for insights...

In times of low interest rates, bank customers must try to diversify their portfolios. Nevertheless, customers usually stick to traditional investments and do not take advantage of stock-market potentials. This is mostly due to irrational reasons. Banks also have a strong interest in...

Our questionnaire survey finds that most fund managers rely on the strategies ofbuy-&-hold, momentum and contrarian trading. These strategies are typically appliedmutually. Their use is rooted in the attributes and beliefs of the respective fund managers:buy-&-hold traders behave fundamentally...