Year
1997
Authors
PONCET Patrice, PORTAIT Roland
Abstract
Description of the main portfolio-insurance policies aiming to ensure a minimum portfolio value (in the case of adverse stock movements) and to obtain a positive return (in the favorable cases) : stop-loss , option-based portfolio insurance (OBPI) , constant proportion portfolio insurance (CPPI) , active and passive immunization.
PONCET, P. et PORTAIT, R. (1997). L’assurance de portefeuille. Dans: Encyclopédie des marchés financiers. 1st ed. Economica, pp. 140-165.