Détail de l'auteur
Auteur Ethan DRAY |
Documents disponibles écrits par cet auteur (1)
Ajouter le résultat dans votre panier Faire une suggestion Affiner la recherche
Irrationality in the French Investor / Ethan DRAY / 2021
Titre : Irrationality in the French Investor Type de document : Mémoire Auteurs : Ethan DRAY, Auteur Année de publication : 2021 Importance : 53 p. Note générale : Pour accéder aux fichiers PDF, merci de vous identifier sur le catalogue avec votre compte Office 365 via le bouton CONNEXION en haut de page. Langues : Anglais (eng) Mots-clés : Management
INVESTISSEMENT ; RENTABILITE ; MARCHE FINANCIERRésumé : Over the last two decades, financial markets have evolved dramatically, driven by deregulation, decompartmentalisation and disintermediation of the system. The multiplication of financial products and the internationalisation of markets have responded to the need for optimal allocation of savings at the global level and have allowed the development of arbitrage, hedging and speculation operations. This increase in the supply of financial products has greatly modified the behaviour of economic agents. Indeed, until the early 1970s, most savers were looking for liquid investments with no risks and low returns. After the oil shocks, the inflationary movements that followed and the multiplication of financial products gradually led them to change their investment profile to seek riskier but also more beneficial products. In parallel with this change in agent behaviour, financial markets have made important structural changes to cope with the massive demand. For the most part, they have moved from a fixed-quotation mode, where transactions and order collection were carried out over specific time intervals, to one where trades are recorded almost continuously (every second for the most liquid securities).
The development of a portfolio strategy is the main issue in maintaining the long-term performance of an investment. The performance of this portfolio should be understood as the best risk/return trade-off for a given asset.
However, the asset allocation industry takes into account factors that significantly change the way wealth is distributed.
In this context, one can clearly imagine that the so-called "strategic" asset allocations can be a vector to face major challenges: it is a personalized offer aiming at ensuring the performance of the portfolio and also taking into account the new strategies.
Risk management is an essential component of understanding and optimizing one's portfolio. There are many models that provide a scientific and mathematical approach to the problems associated with optimizing a portfolio of assets, one of the most widely recognized and used is the "modern portfolio theory" established by Markowitz in 1952.
We will look at the current trend through savings flows but also at the state of play at the end of 2020 through the composition of financial assets held.Programme : MSc Finance & Big Data Permalink : https://cataloguelibrary.neoma-bs.fr/index.php?lvl=notice_display&id=538848
LIBRARY - Campus Rouen
NEOMA Business School
pmb
-
59 Rue Taittinger, 51100 Reims
-
00 33 (0)3 26 77 46 15
Library Campus Reims
-
1 Rue du Maréchal Juin, BP 215
76825 Mont Saint Aignan cedex -
00 33 (0)2 32 82 58 26