Using fund-, firm- and bank-level data we investigate the investments of private equity (PE) funds in the north-western regions of Italy. Both the private equity fund managers and the PE investments are heavily concentrated in this most developed area of the country. The average size of the...

Mutual funds' exposure to corporate bonds has brought concerns about risks arising from liquidity transformation back to the fore. With a focus on fund asset liquidity and investors, this paper explores the flow-performance relationship and the liquidity management of funds in the presence of...

Investment funds are highly connected with each other, but also with the broader financial system. In this paper, we quantify potential vulnerabilities arising from funds' connectedness. While previous work exclusively focused on indirect connections (overlapping asset portfolios) between...

Titel -- Inhalt -- Die ersten Schritte -- Das ist wichtig bei der Geldanlage -- Das magische Dreieck der Geldanlage -- Die Rendite einer Anlage -- Sicherheit und Risiken -- Verfügbarkeit - Liquidität -- Wie bequem soll es sein? -- Nicht alle Eier in einen Korb -- Der erste Überblick -- So...