Portfolio Management in Economic Crises: An analysis of effective hedging strategies using exchange-traded options and futures for crisis management - Couverture souple

Meyer, Stefan

Couverture souple

ISBN 10 : 3658503785 ISBN 13 : 9783658503789

Editeur : Springer Fachmedien Wiesbaden, 2026

Synopsis

In this book, Stefan Meyer empirically examines standardized futures trading strategies for their suitability in reducing systematic portfolio risk. To this end, he analyzes price, interest rate, and volatility data during the twelve largest financial and economic crises between 1987 and 2022.The findings show that―contrary to the arguments of neoclassical capital market theory―derivatives can, in general, provide tangible benefits in modern portfolio management. These benefits may include lower overall risk and/or higher returns at the end of the period. Overall, the results align more closely with the perspective of behavioral finance, which suggests that derivative financial instruments can help limit risks during crises and facilitate their efficient distribution among multiple market participants.

A propos du livre

À propos de l'auteur

Stefan Meyer is a certified and licensed stock exchange trader, Head Trader, and Supervisor at Deutsche Börse AG and Eurex in Frankfurt. He is currently responsible for derivatives trading on futures exchanges worldwide. He earned his Executive Doctorate in Business Administration (EDBA) under the supervision of Prof. Dr. Marco Heimann at the University of Lyon 3 Jean Moulin.

Détails de l'édition

• Éditeur: Springer Fachmedien Wiesbaden
• Date d'édition: 2026
• Langue: anglais
• ISBN 10: 3658503785
• ISBN 13: 9783658503789
• Reliure: Broché
• Nombre de pages: 208
• Coordonnées du fabricant: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3; Heidelberg; 69115; Allemagne