Hanken Newsletter 1-2012

Show full item record


Title: Hanken Newsletter 1-2012
Abstract: The financial crisis has changed the investor’s perception of many assets. Not only has the sound view that real estate assets, as risky assets, can not only go up but also down, returned. We have also been reminded that assets based on interbank debt are only as ‘risk-free’ as the banks themselves. Recently many previously high-rated countries lost their triple-A ratings, leading to chain reactions for financial intermediaries. But has the financial landscape changed in a fundamental way? The issues above are neither new nor contrary to financial theory, only consequences of revised perceptions on risk. At a recent Hanken finance alumni seminar, the “buyand- hold” investment strategy was discussed. While there is some current support for outperforming investment funds, there is – as before – ample evidence that the market efficiency concept is still alive, indirectly supporting long-term strategies. These are not aimed at tactically beating the market, but at harvesting risk premia in the long term. Hanken has an extensive investment strategy, and we look forward to obtaining returns on our investments both in faculty skills and learning environments, as well as on our financial portfolio.
URI: http://hdl.handle.net/10138/38896
Date: 2013-04-19

Files in this item

Total number of downloads: Loading...

Files Size Format View
Hanken_Newsletter_01_2012.pdf 2.382Mb PDF View/Open

This item appears in the following Collection(s)

Show full item record