Niko Frey analysiert die Kapitalanlage 'Kunstwerk' aus der Sicht des (privaten) Kunstsammlers, um auf diese Weise innovative Erkenntnisse über die betriebswirtschaftliche Bewertung von Kunstinvestitionen zu gewinnen. Dr. Niko Frey wurde von Prof. Dr. Michael Olbrich an der Universität Trier...

Strategic asset allocation purposes and particularly the evaluation of new asset classes require a forward-looking approach. Philipp M. Becker investigates the attractiveness of microfinance investments for different investor categories. To integrate microfinance into an asset allocation...

This textbook first introduces the reader to return measurement and then goes on to compare the time-weighted rate of return (TWR) with the money-weighted rate of return (MWR). To emphasize the importance of risk in conjunction with return, different tracking errors are analyzed and ex-post...