with constant short maturity outperform a systematic long position in the underlying equity index on a risk-adjusted basis … and in absolute terms. Furthermore, we find higher international diversification benefits for this strategy, compared to …-based downside risk factor. We use three alternative models to extract ex-ante risk premia implied in the prices of dividend …

This paper investigates the initial returns and long run performance of initial public offerings (IPOs) using a sample …-run performance of IPOs. …

Private equity can be a source of portfolio diversification and performance enhancement. However, in order to achieve … these positive attributes, it is important to have a focused and diligent approach and build the private equity allocation … via a fund-of-funds, it is an important decision that has to be in line with the internal resources and skills. …

We examine the determinants of institutional investors when deciding on international capital allocation in Venture … Partners world-wide. The respondents provide information about their criteria for international asset allocation. The … allocation process, while investors fear bribery and corruption. Public funding and subsidies do not play a role at all in the …

-stage deals. Risk appetite has also declined post the financial crisis. …

explain it in its entirety. We examine other possible explanatory factors, such as fund types and location, the institutional …

The so-called risk diversification principle is analyzed, showing that its convenience depends on individual …

In recent years within Insurance companies measures like RAROC (Risk Adjusted Return on Capital) have become more … popular for Balance Sheet Management purposes. RAROC is a performance measure that quantifies the amount of return per unit of … a high RAROC the risk vs. return profile of the holding company improves. Whether this is actually the case depends on …

The efficacy of four different portfolio allocation strategies is evaluated according to their absolute returns during …) portfolio. The aim is to assess portfolio performance using cumulative returns, the Sharpe ratio and the daily vola- tilities of … each portfolio. The four asset allocation methods are governed by multiple constraints. Although previous work has shown …