Before subprime, the major risk in a home mortgage loan other than interest rate risk was
prepayment. Partly idiosyncratic but driven by interest rates, prepayment is modeled as …

Alternatives have become an important asset for institutional investors, and more recently
also for individual investors. Many alternatives are easily investable nowadays, and the …

Though the authors strongly believe that so-called “hedge funds” are not an asset class but
a fee structure, they observe that investors tend to look at them generically. Their …

This quantitative study addressed the absence of a simple investment model for private
investors by analyzing the relationship between the portfolio returns and the investment …

El objetivo de este documento es testear si la inclusión de activos alternativos en las
carteras de las administradoras de fondos de pensiones (AFPs), entrega mejores …

Este documento tiene como objetivo principal perfeccionar el desempeño riesgo-retorno de
los Fondos de Cesantía a través de la optimización de sus ponderadores, junto con analizar …

Inhaber großer Vermögen haben in den letzten Jahren zunehmend eigene, von Banken
unabhängige Strukturen zur Verwaltung ihres Vermögens, sogenannte Family Offices …