Hassine, Marlène; Roncalli, Thierry - Volkswirtschaftliche Fakultät, … - 2013
, most of the time, these works concern only active management, whereas many investors, such as institutional investors …, prefer to invest in index funds. The tools developed in the case of active management are also not suitable for evaluating …-at-risk framework, which is perfectly adapted to passive management and ETFs. Depending on three parameters (performance difference …