Click Here to Download: https://ouo.io/tPce69 Indices as Benchmarks in the Portfolio Management With Special Consideration of the European Monetary Union By: Andreas Schyra Publisher: Springer Gabler Print ISBN: 9783658006952, 3658006951 eText ISBN: 9783658006969, 365800696X Copyright year: 2013 Format: PDF Available from $ 89.00 USD SKU 9783658006969 Andreas Schyra delineates the previous scientific and practical applications of indices as benchmarks for single asset classes such as stocks, commodities, German governmental bonds, and cash as well as especially for multi-asset portfolios. The author gives recommendations for allocating equity portfolios in the Eurozone under consideration of industrial and regional factors by an empirical analysis. As the most common benchmark index for the Eurozone, the Dow Jones Euro STOXX 50 is analysed in respect of index effects. This serves as a consideration of the active anticipations of index membership exchanges and a passive index investment during short- and long-term periods. Furthermore a correlation weighted equity index, established by different TMI industry indices of the Eurozone is calculated, which serves as benefit for diversification opportunities of two multidimensional diversified and systematically allocated multi-asset portfolios.
