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  5. Volume 6, Issue 2 (2016)
  6. Towards Sustainable Financial Markets: I ...

Journal of Security and Sustainability Issues

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Towards Sustainable Financial Markets: Impact of Structured Securities on Portfolio Management
Volume 6, Issue 2 (2016), pp. 275–288
Egidijus Bikas   Edgaras Bikas  

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https://doi.org/10.9770/jssi.2016.6.2(7)
Pub. online: 30 December 2016      Type: Article      Open accessOpen Access

Published
30 December 2016

Abstract

Financial globalization created an environment for structured product development in financial markets. With the help of these instruments it is possible to transform an asset into a new investment vehicle, that opens new investment possibilities for risk averse investors, along with those investors who are searching for higher yield. This paper analyses different structured products and their influence on investment management using ratio analysis, Markowitz portfolio optimization model and Monte Carlo simulation. Analysis revealed that structured products have a significant positive effect on investment management on diversification and yield enhancement sides.

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Keywords
sustainable financial markets portfolio management structured products securitization

JEL
G1 G11 G12

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Generolo Jono Žemaičio Lietuvos karo akademija Šilo g. 5A., LT-10322 Vilnius, el.p: lka@mil.lt

General Jonas Žemaitis Military Academy of Lithuania  Šilo Str. 5A, LT-10322 Vilnius, Lithuania, e-mail: lka@mil.lt

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