Mutual funds' exposure to corporate bonds has brought concerns about risks arising from liquidity transformation back to the fore. With a focus on fund asset liquidity and investors, this paper explores the flow-performance relationship and the liquidity management of funds in the presence of...

German Abstract: ZusammenfassungDer vorliegende Forschungsbericht untersucht das Dekarbonisierungspotenzial von Anlageportfolios deutscher Pensionskassen im Kontext des Klimawandels und zeigt ein konzeptionelles Vorgehen auf, um das tatsächliche Potenzial zu messen. Anhand des Klimawandel und...

Investment funds are highly connected with each other, but also with the broader financial system. In this paper, we quantify potential vulnerabilities arising from funds' connectedness. While previous work exclusively focused on indirect connections (overlapping asset portfolios) between...

Using fund-, firm- and bank-level data we investigate the investments of private equity (PE) funds in the north-western regions of Italy. Both the private equity fund managers and the PE investments are heavily concentrated in this most developed area of the country. The average size of the...

This paper proposes to find out the investment efficiency of an associative unit in vegetables processing and trading field. For this, a scenario by 100% loan is taken into consideration. This research focuses on broth, tomatoes juice, pickled cucumbers, pickled cabbage, assorted pickles and...

In recent years, new methods concerning risk mitigation techniques in energy planning strategies have become popular. Delarue et al. introduced the integrated portfolio investment model to account for supply-demand constraints. This paper proposes a model which is suitable to the energy...