Investors' imagination seems boundless: time and again, people put their money into the most bizarre assets and hope for a gain. You can do that. But you can also lean back and relax and let the world's markets work for you.
A famous name, TV presence and loud criticism of the prevailing financial system are no guarantee of good performance. That is what investors who put money into funds run by well-known money experts are finding out.
Just imagine for a moment that you were the manager of a football club (leaving FC Bayern aside). What would matter more to you: winning the championship title, or the prospect of consistently competing in the Europa or Champions League?
In stock market jargon, these rare birds stand as a symbol for unforeseen events – with serious consequences for the global economy.
Harry Markowitz revolutionized the stock markets with his portfolio theory. Even after 65 years, the cornerstones of his work still form the basis for countless investment models.
What should a portfolio look like to be optimally prepared for 2017 as well? Arndt Kussmann, head of the Portfolio Solutions department at quirin bank AG, gives an overview of the most important insights from financial science.
