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...

South German feudalism, in its relation to the landed nobility alone, was first abolished during the course of the 19th century. This process was linked to the creation of modern real estate. Philipp Becker sets out the requirements and range of this interaction for the feudally-bound landowner....