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Einsatz von Derivaten im Portfoliomanagement

Einsatz von Derivaten im Portfoliomanagement

          
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About the Book

Inhaltsangabe: Einleitung: Ein großer Kreis der Öffentlichkeit steht Derivaten skeptisch gegenüber. Ein Future- oder Options-Kontrakt wird oft nur als eine Wette auf die Preisentwicklung des Basiswertes verstanden und eine Terminbörse damit als eine Art Kasino. Die volkswirtschaftliche Bedeutung wird nicht gesehen oder unterschätzt. Die zentrale ökonomische Funktion von Derivaten besteht in der Trennung der Risikoübernahme von der Bestandshaltung der zugrundeliegenden Finanztitel. Die isolierte Bewertung von Marktpreisrisiken, deren Bündelung und Weitergabe wird hierdurch möglich. Der Hauptnutzen von Derivaten ist in der Allokation systematischer Risiken zu sehen. Aufgrund dieser Eigenschaft ist es möglich, Risiken zu handeln und die Bewertung von Risiken transparent werden zu lassen. Mit Derivaten lässt sich die Ertrags- und Risikostruktur eines Portfolios gezielt gestalten, um in jeder Marktphase und bei jeder Erwartung über die zukünftige Entwicklung der preisbestimmenden Faktoren optimal aufgestellt zu sein. Ziel dieser Arbeit ist es, die Einsatzmöglichkeiten von derivativen Finanzinstrumenten in der strategischen und taktischen Portfoliokonstruktion darzustellen. Für derivative Finanzinstrumente gibt es im modernen Portfoliomanagement eine Vielzahl von Einsatzmöglichkeiten. Die vorliegende Arbeit konzentriert sich auf die Einsatzmöglichkeiten von Aktienderivaten im aktiven Portfoliomanagement, wobei der Aufbau und die Auswirkungen von ausgewählten Strategien besonders betrachtet und mit Beispielen unterlegt werden. Zudem werden die grundlegenden Eigenschaften von derivativen Finanzinstrumenten und deren Bewertung erläutert. Inhaltsverzeichnis: Inhaltsverzeichnis: Darstellungsverzeichnis6 Tabellenverzeichnis8 Abkürzungsverzeichnis9 Symbolverzeichnis10 1.Einleitung11 1.1Einführung in die Thematik11 1.2Bedeutung von Derivaten in der Portfoliomanagement-Praxis12 1.3Aufbau und Ziele der Arbeit13 2.Überblick über derivative Finanzinstrumente und Märkte


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Product Details
  • ISBN-13: 9783838660417
  • Publisher: Diplom.de
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 9 mm
  • Width: 148 mm
  • ISBN-10: 3838660412
  • Publisher Date: 03 Nov 2002
  • Height: 210 mm
  • No of Pages: 148
  • Series Title: German
  • Weight: 204 gr


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