Heinz Zimmermann & Wolfgang Drobetz 
Global Asset Allocation [PDF ebook] 
New Methods and Applications

* Reveals new methodologies for asset pricing within a globalasset allocation framework.
* Contains cutting-edge empirical research on global markets andsectors of the global economy.
* Introduces the Black-Litterman model and how it can be used toimprove global asset allocation decisions.

Mục lục

Chapter 1- The Global Economy and Investment Management.

Chapter 2- International Asset Pricing, Portfolio Selection, and Currency Hedging: An Overview.

Chapter 3- The Anatomy of Volatility and Stock Market Correlations.

Chapter 4- The Correlation Breakdown in International Stock Markets.

Chapter 5- Global Economic Risk Profiles: Analyzing Value and Volatility Drivers in Global Markets.

Chapter 6- Testing Market Integration: The Case of Switzerlandand Germany.

Chapter 7- Emerging Market Investments: Myth or Reality?

Chapter 8- The Structure of Sector and Market Returns:Implications for International Diversification.

Chapter 9- The Value-Growth Enigma: Time-Varying Risk Premiumsand Active Portfolio Strategies.

Chapter 10- Integrating Tactical and Equilibrium Portfolio Management: Putting the Black-Litterman Model at Work.

Bibliography.

Notes.

Index.

Giới thiệu về tác giả

HEINZ ZIMMERMANN is a professor of finance at the Universität Basel, Switzerland, and heads the department of finance at the Wirtschaftswissenschaftliches Zentrum. He also holds the Chair ininternational corporate finance at the WHU Koblenz, Germany, as avisiting professor. Zimmermann received his doctorate at the Universität Bern, Switzerland, and became a professor at the Universität St. Gallen in 1989. He is managing editor of the Journal of Financial Markets and Portfolio Management. He has beenawarded with the Latsis Prize (1989), the Award for Financial Innovation (1992), and the Graham and Dodd Award for Excellence infinancial writing (1993).

WOLFGANG DROBETZ is an assistant professor of finance at the Universität Basel, Switzerland. He is also a lecturer offinance at the Universität St. Gallen, Switzerland, and the Otto Beisheim Graduate School of Management (WHU), Germany. Drobetzwas head of research at Vescore Solutions, St. Gallen. He holds adoctorate from the Universität St. Gallen, a diploma incommerce from the Wirtschaftsuniversität Wien, Austria, and an MA in economics from the University of Virginia.

PETER OERTMANN is the managing director and CEO of Vescore Solutions, St. Gallen, Switzerland. He is also a lecturer at the Universität St. Gallen, Switzerland, where he earned hisdoctorate in 1997. Oertmann holds a diploma in quantitativemanagement from the Universität Bielefeld, Germany, and amaster’s in finance from the University of Georgia.