Investing in Microfinance : Integrating New Asset Classes into an Asset Allocation Framework Applying Scenario Methodology (2010. XX, 166 p,,. 65 figs. 21 cm)

Strategic asset allocation purposes and particularly the evaluation of new asset classes require a forward-looking approach. Philipp M. Becker investigates the attractiveness of microfinance investments for different investor categories. To integrate microfinance into an asset allocation framework he applies an innovative scenario approach. He discovers that microfinance investments are efficient especially for risk-averse investor categories. Asset Allocation Framework.- Scenario Approach in Asset Allocation.- Microfinance.- Scenario Process Microfinance.- Asset Allocation Model.- Conclusion. Dr. Philipp M. Becker obtained his doctorate under the supervision of Prof. Dr. Pascal Gantenbein at the Swiss Institute of Banking and Finance, University of St. Gallen (Switzerland). He works in the asset management industry, focusing mainly on asset allocation and research.