Wertsicherungsstrategien für das Asset Management

The aim of portfolio insurance strategies is to put a floor on the value of a stock portfolio by progressively selling stocks and buy safe, short-term debt securities as stock prices fall. This paper analyzes the current static and dynamic methods in use and explains their pros and cons.

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Year of publication:	2005
Authors:	Kluß, Norbert ; Bayer, Marcus ; Cremers, Heinz
Publisher:	Frankfurt a. M. : HfB - Business School of Finance & Management
Subject:	static and dynamic portfolio insurance strategy \| stop loss strategy \| protective put strategy \| bond call strategy \| synthetic put strategy \| covered short call strategy \| constant proportion portfolio insurance

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Series:	HfB - Working Paper Series ; 62
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	German
Other identifiers:	498525562 [GVK] hdl:10419/27822 [Handle] RePEc:zbw:fsfmwp:62 [RePEc]
Classification:	G10 - General Financial Markets. General ; G11 - Portfolio Choice ; G19 - General Financial Markets. Other
Source:	EconStor

Persistent link: https://www.econbiz.de/10010298898