Semester:SS 13
Type:Lecture
Language:English
Scheduled in semester:1
Semester Hours per Week / Contact Hours:4.0 L / 3.0 h
Self-directed study time:0.0 h
Type:Lecture
Language:English
Scheduled in semester:1
Semester Hours per Week / Contact Hours:4.0 L / 3.0 h
Self-directed study time:0.0 h
Module coordination/Lecturers
- Prof. Dr. Dr. h.c. Günter Franke
(Referent)
- Prof. Dr. Marco J. Menichetti
(Interner Dozent)
- Dr. Georg Peter
(Interner Dozent)
- Dr. Georg Peter
(Modulleitung)
- Prof. Dr. Marco J. Menichetti
(Informationskontakt)
- Anna-Maria Cornal
(Anmeldekontakt)
- Dr. Georg Peter
(Informationskontakt)
- Monika Züger
(Mailabsender)
Curricula
Master's degree programme in Banking and Financial Management (01.10.2008)Modules
Description
Passive investments have gained wide acceptance in the investor community. Yet the question is to what extent this is costly for investors. We address two issues: 1) Return predictability and portfolio choice. Return predictability relies primarily on the Fama-French factors and the Carhart factor. Do these factors yield free lunches? 2) Risk preferences and portfolio choice. A simple adjustment for differences in risk preferences turns out to be costless unless approximate arbitrage opportunities exist.
Qualifications
Dates
| Datum | Zeit | Raum |
| 23.05.2013 | 17:30 - 19:00 |