When does it pay to optimize one’s portfolio?

This question will be tackled by Professor Günter Franke, professor at the Chair of International Finance at the University of Konstanz, on 23 May 2013 as part of the public “After Work Lectures” series at the University of Liechtenstein.
Although passive investment strategies are widely accepted by investors today, the question remains as to what sorts of costs these strategies involve. With regard to the concomitant portfolio selection, the next After Work Lecture from the Chair in Business Administration, Banking and Financial Management at the University of Liechtenstein will focus on two aspects: firstly, the predictability of returns, and secondly, risk preferences. The lecture, which will be delivered in English, is aimed at professionals from local companies, banks and insurance companies. The event will be held in lecture room 1 at the University of Liechtenstein, from 5.30 p.m. to 7.00 p.m. Entry is free.

Following the lecture, opportunities to exchange ideas will be provided by a discussion led by Professor Marco Menichetti from the Chair in Business Administration, Banking and Financial Management and Michael Frommelt, president of the Liechtenstein Society of Investment Professionals, as well as by the subsequent drinks reception. Questions to the speakers can be submitted in advance up until 21 May 2013 to banking@uni.li.




An expert with international experience

Professor Günter Franke is head of the Centre of Finance and Econometrics as well as the interdisciplinary research group “Price, liquidity and credit risk: measurement and allocation”, financed by the German Research Foundation. His research focuses on banking, capital markets, risk management and international finance management. Professor Franke was President of the European Finance Association and Chairman of the German Finance Association.

For more than 10 years, he coordinated the financial activities of the European Institute for Advanced Studies in Management in Brussels. He is also a member of the Berlin-Brandenburg Academy of Sciences and Humanities, and he received an honorary doctorate from the University of Mannheim in 2006.



The series of After Work Lectures is the result of a collaboration between the University of Liechtenstein and the Liechtenstein Society of Investment Professionals.

After Work Lecture: Portfolio optimization
University of Liechtenstein, Vaduz
Thursday, 23 May 2013, 5.30 p.m. to 7.00 p.m.
Lecture and discussion held in English. Entry is free.
Registration and information at www.uni.li/awl