EIB Working Papers 2019/11 - Macro-based asset allocation : : An empirical analysis / / European Investment Bank, Christian Schmieder, Miroslav Kollár . Volume 2019/11
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| Autore: |
Schmieder Christian
|
| Titolo: |
EIB Working Papers 2019/11 - Macro-based asset allocation : : An empirical analysis / / European Investment Bank, Christian Schmieder, Miroslav Kollár . Volume 2019/11
|
| Pubblicazione: | 2020 |
| Luxembourg : , : European Investment Bank, , 2020 | |
| Descrizione fisica: | 1 online resource (1 p.) |
| Soggetto topico: | Business & Economics / Finance |
| Economics | |
| Soggetto non controllato: | Business & Economics |
| Finance | |
| General | |
| Persona (resp. second.): | KollárMiroslav |
| Sommario/riassunto: | Macro-based asset allocation is based on the identification of turning points in macro-financial cycles. This paper suggests that macro-based asset allocation informed by trends in continuous business and financial cycle indicators could be a promising alternative for medium- and long-term investment strategies. Despite changes during the last three decades, the most promising specifications of this approach did roughly anticipate turning points in asset price cycles, implying favourable returns and low portfolio volatility. |
| Titolo autorizzato: | EIB Working Papers 2019 |
| ISBN: | 92-861-4489-X |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910476878703321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
EIB Working Papers