asset value per unit. Ranks them on the basis of daily average return, total risk, coefficient of variation, systematic risk … Exchange index, that they followed defensive investment policies, that some achieved high returns with low risk and that there …

domestic returns with less risk. Confirms this using the tail index based on extreme value theory; and shows that correlation …

against oil price risk. Compares their 1993‐1998 monthly index returns and standard deviations with the USA, shows low or … negative correlations between them and illustrates the potential this offers for risk reduction. Uses the Markowitz mean … out that the stability of Gulf exchange rates against the US dollar also removes currency risk.  …

rate risk more effectively than money market instruments, although some of that risk is not diversifiable. Compares the … benefits of diversification and hedging for investors in the three countries at different levels of risk and concludes that … optimum asset allocation depends on the fund market characteristics, risk preferences and investor perspective.  …

compares them with the general Athens Stock Exchange index. Goes on to rank them by total risk, coefficient of variation and … systematic risk before applying Treynor’s index, Sharpe’s index and Jensen’s approach. Presents the results in detail and …

portfolio risk and diversification. Considers consistency with other research, the underlying reasons for the findings and …

multinational corporations in the UK, the US and Germany. It focuses on the organisation of foreign exchange risk management, in … particular the goals of exchange risk management, the centralisation of decision making, and the nature of the decision makers … three samples, the results represent confirmation of the risk‐averse nature of multinationals, the effect of size on …

operations to nonbank functions, a set of hypotheses addressing BHC risk and return characteristics are proposed. Empirical … results are mixed. Total risk dropped after expansion. Market risk, on the other hand, rose substantially in post …‐expansion time. When returns are adjusted for risk, a marginal improvement in performance is achieved.  …

return, total risk, coefficient of variation, systematic risk, and the techniques of Treynor, Sharpe and Jensen. The ten … achieved satisfactory return in relation to the total and systematic risk undertaken. The sample mutual funds followed …

, total risk, coefficient of variation, systematic risk, and the techniques of Treynor, and Sharpe. Four mutual funds achieved … lower return than the General Index of the Athens Stock Exchange (ASE). All sixteen mutual funds showed lower total risk …, and risk‐return coefficient than the General Index of the ASE. In all mutual funds the beta coefficient was statistically …