Questions related to Investment Management
Already at least several commercial banks have created their own cryptocurrencies. Some investment funds invest part of their assets in selected cryptocurrencies. Recently, the investment bank JP Morgan has created its own cryptocurrency JPM Coin. Cryptocurrency JPM Coin will be used to settle initially a small part of the transaction, which JP Morgan performs on a daily basis for a total of about USD 6 billion.
Thanks to JPM Coin, settlements between business partners should take place immediately, ie much faster than the current standards of transfers. However, apart from accelerating the time of the transaction, what are the other goals for banks to introduce their own cryptocurrencies?
Could investment banks create a new type of collateral for transactions in the event of a possible strong loss of the USD dollar in the event of another global financial crisis connected with the currency crisis? Such a risk exists if the problem of growing public debt in the US is not resolved and banks in China cease to buy US Treasury bonds.
Do you agree with my opinion on this matter?
In view of the above, I am asking you the following question:
For what purpose do banks create their own cryptocurrencies?
I invite you to the discussion
Thank you very much
How does one make their marketing mix be more agile to new channels, ever changing environment. what are the models used for this analysis and their interpretation.
our paper on MMM- complex models and interpretations to discuss the advertising effects, models- simple and complex to collate it all together.
Please read, review and suggest how we can add on to enhance our research going forward
Do you know scientific publications describing the methodologies of the analysis of development potential and creditworthiness for investment projects planned for implementation by an innovative start-up?
Are the supra-national investment investments in investment banking an important factor in the ongoing process of economic globalization?
If the increase in the scale of transnational investment investments in investment banking is faster than the rate of economic growth of the countries expressed, for example, in the Gross Domestic Product, is this the way in which economic globalization can generate additional systemic credit risks?
If in the context of these processes the diversification in profitability and income between investment banking and other types of financial institutions and non-financial business entities increases, can this situation be one of the symptoms of increasing systemic risk and the probability of the next global financial crisis appearing in the next several years?
In your country, do banks cease to finance investment projects related to traditional energy based on the burning of minerals?
Do banks start to finance environmentally friendly investment projects in your country, thus supporting the processes of transformation of the economy towards the implementation of sustainable pro-ecological development?
Please, answer, comments.
I invite you to the discussion.
What kind of analysis of economic and other data provides better knowledge for investing in securities listed on the stock exchange?
Which analysis, ie fundamental or technical analysis, provides better knowledge for investing in securities listed on the stock exchange?
Thanks to which analysis, ie fundamental and technical analysis, investors achieve the best results in investing, the highest returns on investments in securities listed on the stock exchange?
Which investment strategies are the most effective? Are the most effective investment strategies based on conducting fundamental or technical analysis and maybe on a specific combination of both types of analysis?
I want to pursue phd in investment banking and management field and looking for taking admission in certain universities. They are asking me to write a research proposal before taking admission. Can you please suggest me more specific topic area‘s which need to research and make my phd worth while for my career.
i am very Thankful to everyone , thanks
Most prefered:- Investment optimization as an extension of Unit Commitment for a Portfolio consisting energy generation Units.
- Unit commiment
- Investment Optimization
- Economic dispatch
The project is to maximize the Net Present Value of Heat generating power plants in a District heating system.
- Using Mixed integer liner programming.
- I need to determine the optimal timing to invest(maximizing Net Present Value) in district heating power plants and at the same time minimizaing Carbon emissions.
- Main constraint: coverage of a given heat demand.
- Investment decision through mixed integer linear programming.
- Investment optimization as extension of unit commitment. (schedule optimization)
- Deterministic approach.
1) Main constraint: coverage of a given heat demand.
2) Investment decision through mixed integer linear programming.
3) Investment optimization as extension of unit commitment (schedule optimization)
Is it possible to heal the banking banking supervision of corporate investment banking to significantly reduce the dramatic effects of the next global financial crisis for the national economy and society? Is it too late for that?
Of course, this question should be answered in the negative, that it is never too late to repair the operation of any system that is supposed to serve people. But whether the scale of mistakes made in the past has not generated the unavoidable pursuit of a global financial crisis that is even more dramatic in the negative consequences for entire economies and societies. A crisis that will start with the spectacular collapse of one of the largest financial institutions, a bank or an investment fund. A globally operating financial institution that will lose playing "poker" on international capital markets with other investment banks. Some of these others earn from this crisis by winning this "global poker" and real economies will again plunge into a multifaceted economic crisis, debt crisis, a period of deep recession, rising unemployment and falling income of citizens. Is the capital flow in this way through these games, games in "global poker" on the capital markets played between the largest investment banks is economically effective? Well, it is not an economically effective process, it is a process harmful to economic development. So why are these games in "global poker" conducted? Is it only because in the process of excessive, secondarily realized liberalization of supervisory standards over financial systems implemented in the 90's, allowed to create too large, increasingly globally and monopolistic investment banks? In my opinion, not only because. Not only the scale of operations, not only the large share of capital compared to the financial system and the entire economy is a serious threat and a crisis-generating factor. Also important are the elementary rules of risk management, which are forgotten, ignored at certain organizational levels of the financial institution or financial system management.
Analysis of the origin of the next global economic crisis
Currently, forecasting systems are being developed regarding forecasting future trends of economic processes based on various analytical, not only economic, determinants. Personally, I also support the thesis about the impact of various cosmic and atmospheric phenomena on various events that take place on Earth in the field of economy, economics, politics, etc. On the other hand, because sources of the global financial crisis I mainly researched in terms of progress (or rather lack of it) ) in the field of improving the credit risk management process, implementation of modern IT solutions streamlining these processes, filling gaps in legal regulations developed in financial supervision institutions in relation to technological development of transactional, corporate and investment banking, creation of new derivatives etc., so I add to this type of analysis the issue of the analysis of the process of improvement of systemic management, banking credit risk. Unfortunately, the strong investment banking banking lobby influencing the politics of the world's largest economies is accepted by the government establishment, because monetary policy, periodically regulated lending policy, increasingly liberalized, transactional modernization, electronically and disseminated investment banking are areas treated as "universal magical tools" that can be used as a determinant for economic growth as part of state intervention. In this respect, there is a lack of full information flow in the area of growing credit risk and the fast approaching new global financial crisis between the transactional level of sales of banking products and the level of monetary, credit and financial system security at national and supranational level. According to the demands of the classical economy, liberalism at the transactional level of the sale of banking products should not be limited by state intervention at the level of the entire financial system. But the exception in this regard is the issue of the security of the financial system. If, secondarily, the extremely liberalized principles of systemic security periodically lead to an increasing financial crisis in investment and credit banking, why should the costs of these errors be spread across entire economies? Why is it that investment banks in economic crises, which often cause them to earn money from them, and the costs are repaid by entire societies, people lose their jobs and many years of experience of their lives? Therefore, because these investment banks have genuinely monopolized the systemic credit risk management system. They no longer serve the economy, but try to shape economies according to their investment strategies. The question that now arises is whether this harmful and crisis-provoking process can be reversed, corrected before the emergence of the next global financial crisis? Is it already too late and only one of the next financial crises, which will lead to the collapse of not one but a few major banks and investment funds will make it possible to repair damages resulting from errors that politicians began to make in the 1990s liberalizing then secondary issues of banking supervision systems? If it is only in the situation of the next global economic crisis, then how dramatic are the consequences for entire national economies, for societies, for people? It is not easy to predict this issue, but it is almost certain that it will be very dramatic, above all economically and socially, but perhaps also politically, strategically and militarily for many countries.
i have a data of stock prices in daily frequency. i want to study the relationship of stock price(or returns) with select macro-economic variables. the macroeconomics variables are in monthly series.
so, i have to make the daily frequency of stock prices as monthly frequency.
if i calculate average, i doubt whether it will be representative or not, becuase of the longer time period(ie., one month) and during the month, there may be some extreme values in the distribution
what the the appropriate method in this regard?
thanks in advance
I would like to undertake a research on empirical testing of international CAPM. how to develop the methodology for testing international CAPM.
can you please suggest best guiding articles on international CAPM?
I am writing my masters thesis on Behavioural Finance, more specifically on how Twitter can be used to predict the return of stocks. Firstly, I am aware that this has already been proven in other literature, therefore I trying to decide how to do this in more detail so that my thesis provides added value. Secondly, I have recently discovered the sentiment analysis that Bloomberg provides, however I would like further guidance as to how I can use this information for my thesis.
I would like to understand the exact uses of the Bloomberg sentiment analysis, as then I would find it easier to decide upon a specific thesis question.
I am need of investor perception related literature for my research project which will help me to refine the research constructs.
Please let me know
please suggest some construct to the the relationship between human rationality in investment decision and EMH
what theories can define the relationship between financial literacy (measured by its three components: knowledge; behavior and attitudes) and investment decision?
The Enron case. How could such a prestigious investment bank advise investing when the quotations of the shares were falling?
What is the behavior of a "high-hedging needs" firm at refinancing points? What about its profitability impact on the financial package it will choose/ accept from the bank or the market? Do you know papers on that subject?
Looking at SAS code examples, including one from WRDS, suggests that it’s simple returns. The reason I ask is because I plan to regress the monthly returns of gross profitability/book-to-market portfolios, using CRSP returns data, against the factors and I would like to make sure my returns are in the correct form.
The CDS markets portfolios (sensitive to credit events) construction is important especially for banks and investment management. Can we use VAR measure to assess the risk of such portfolio? if yes, what could be the possible practical implications of VAR for CDS portfolio?
Am trying to use Sharpe and Treynor's ratio but will welcome any suggestion and if possible sources and or market data not older than 2013.
I have tried searching for semi structured and closed questionnaires in the following websites; ERIC, NEBRASKA RESEARCH INSTITUTE - US, TIP, EBSCO and DISCOVER but I could not find an instrument with credibility and reliability for purpose of Generalization with a high CRONBACH ALPHA.
I will appreciate any assistance. Thanks
I'm in a stage of preparing my dissertation for an MBA. I'm a little confused about the topic and research question. I'm seeking a topic that combines both marketing and finance (CF) or investment management.
Can you please by referring any related literature topics, dilemma, problem?
Naive diversification is combining assets into portfolios randomly and ignore correlation. In contrast, Markowitz diversification is combining assets with correlation coefficients.
I am looking for qualified scientists to participate as a guest on my new, internet video series of interviews with researchers working in areas related to financial markets.
The interview will focus on your research. The length of the interview can be flexible, depending on your time availability and the subject matter covered. A short interview could run for ten minutes. A longer one might last for an hour or more. As we are separated geographically, the interviews will be conducted via Skype.
If it will be helpful, graphic images can be inserted into the interviews.
The video series is named after my Kindle book series, The Alpha Interface: Empirical Research on the Financial Markets, about which we have previously corresponded. In fact, the first four interviews – conducted with Peter Hafez, Director of Quantitative Research for the data provider RavenPack – are now online. You can view them at http://www.alphainterface.com/blog-and-video-interviews/.
While this is a new venture for me, I hope it will put you at ease to know that I do have an extensive background as a television interviewer. My television interview series, Thinking Allowed, was broadcast on public television, throughout North America, on a weekly basis for fifteen years. It focused on topics related to philosophy, psychology, health and science. Excerpts from those interviews are available at http://www.youtube.com/user/thinkingallowedtv These videos have been viewed on the internet more than two million times.
My goal in producing the video series and the Alpha Interface books is to help educate the many people with an interest in the financial markets as to the significance of empirical research.
If you are interested in participating as a guest, please email or point me to some of your research papers. I am located, incidentally, in the Pacific Time zone. I expect to be conducting these ongoing interviews throughout the coming year.
Jeffrey Mishlove, PhD
Contruction of mutual fund portfolio and validating its consistency in different market conditions.
Alpha is a risk-adjusted measure of active return on an investment.
The FF 3 factor model is emerging 2 classes of stock with CAPM to reflect a portfolio's theory.
r - Rf = beta3 x ( Km - Rf ) + bs x SMB + bv x HML + alpha
Alpha Coefficient can show that in an efficient market, the expected value of the alpha coefficient is zero. Therefore the alpha coefficient indicates how an investment has performed after accounting for the risk it involved:
Alpha_i < 0 : the investment has earned too little for its risk (or, was too risky for the return)
Alpha_i = 0 : the investment has earned a return adequate for the risk taken
Alpha_i > 0 : the investment has a return in excess of the reward for the assumed risk
I would like to apply the Sharp ratio to compare between a two portfolios. I don`t have the standard deviation but the default probabilities.
Can I apply the default probability instead of standard deviation or I need to apply some type of transformation function on the default risk, that would approximate it to a standard deviation.
I have a model on the determinants of the private investment.
Generally, how do you predict or measure investor behavior / reaction to some new financial information in the behavioral finance framework?
Although CAPM is the most popular method, determining beta values is a problem. There are stocks which are thinly traded or are not listed. Although applying a levered/ unlevered beta is an option, one also has to find a control group of stocks, which can vary from one stock to another because of industry, size etc. So, is there a more effective method to determine the cost of equity for firms instead of CAPM?
The black swan theory or theory of black swan events is a metaphor that describes an event that is a surprise (to the observer), has a major effect, and after the fact is often inappropriately rationalized with the benefit of hindsight.
Black Swan : The Impact of the Highly Improbable- Nassim Nicholas Taleb