Received: 2016-05-11  |  Accepted: 2016-10-20

Title

Towards sustainable financial markets: impact of structured securities on portfolio management


Abstract

Financial globalization created an environment for structured product development in financial markets. With the help of these instruments it is possible to transform an asset into a new investment vehicle, that opens new investment possibilities for risk averse investors, along with those investors who are searching for higher yield. This paper analyses different structured products and their influence on investment management using ratio analysis, Markowitz portfolio optimization model and Monte Carlo simulation. Analysis revealed that structured products have a significant positive effect on investment management on diversification and yield enhancement sides.


Keywords

sustainable financial markets, portfolio management, structured products, securitization


JEL classifications

G10 , G11 , G12


URI

http://jssidoi.org/jssi/papers/papers/view/208


DOI

10.9770/jssi.2016.6.2(7)

Authors

Bikas, Egidijus
Vilnius University
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Bikas, Edgaras
Utrecht University
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Title

Journal of Security and Sustainability Issues


Issue date

2016


ISSN

ISSN 2029-7017 (print)
ISSN 2029-7025 (online)

Cited

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