Traditional forms of expertise are increasingly challenged in different domains, not least because of the possibilities offered by the spread of the Internet. We aim to understand how a claim to alternative expertise in the investment domain emerged, developed, and propagated, taking advantage...

Keine in die Zukunft gerichtete Investition ist völlig risikofrei. Die Betriebswirtschaftslehre beschäftigt sich seit Jahrzehnten mit dem Problem der Investitionsrisiken und hat dazu eine Vielzahl von Instrumenten entwickelt. Das vorliegende Buch widmet sich dem Risiko bei Investitionen in...

A detailed, step-by-step book covering the entire hedge fund evaluation process Investing in hedge funds is different from investing in other asset classes. There is much less publicly available information about hedge funds performance than there is about mutual funds or individual stocks....

This paper proposes a model that associates borrower credit risk with the cash flow method to assess the economic value of a consumer credit portfolio. A Monte Carlo simulation applying the method to an illustrative loan reveals that the lending standards of the institution, captured in the...

This research paper focuses on due diligence on alternative investments, specifically hedge funds and private equity funds, from the perspective of institutional investors. It summarizes findings in some of the important research publications on the subject, showing highlights from industry...