|
| |
|
| |
|
|
Investing into guaranteed and secured funds offered by czech banks
Outrata, Jiří ; Dědek, Oldřich (advisor) ; Derviz, Alexis (referee)
The goal of this master thesis is to analyze the guaranteed and secured funds offered by Czech banks. First of all, by examining the various investment risks, the reason for these newly created investment products is outlined. ůhe theoretical part of the thesis then contains a description of how the funds work and an overview of permitted and actually employed instruments and techniques of their investment policies. ůhe nature of guaranteed and secured funds is also studied in the framework of portfolio management, from the view of an investor and a portfolio manager. In the practical part of the thesis, the situation on the Czech market of guaranteed and secured funds is described and the relevant funds offered by individual banks are analyzed in great detail. Subsequently, significant attention is paid to the performance evaluation of the guaranteed and secured funds and to the comparison of realized net returns.
|
|
|
Hierarchical Problems with Evolutionary Equilibrium Constraints
Adam, Lukáš ; Outrata, Jiří (advisor) ; Lachout, Petr (referee) ; Hoheisel, Tim (referee)
Title: Hierarchical Problems with Evolutionary Equilibrium Constraints Author: Lukáš Adam Supervisor: Prof. Jiří Outrata Abstract: In the presented thesis, we are interested in hierarchical models with evolutionary equilibrium constraints. Such models arise naturally when a time-dependent problem is to be controlled or if parameters in such a model are to be identified. We intend to discretize the problem and solve it on the basis of the so-called implicit programming approach. This technique requires knowledge of a generalized derivative of the solution mapping which assigns the state variable to the control variable/parameter. The computation of this generalized derivative amounts equivalently to the computation of (limiting) normal cone to the graph of the solution mapping. In the first part we summarize known techniques for computation of the normal cone to the set which can be represented as a finite union of convex polyhedra. Then we propose a new approach based on the so-called normally admissible stratification and simplify the obtained formulas for the case of time-dependent problems. The theoretical results are then applied first to deriving a criterion for the sensitivity analysis of the solution mapping and then to the solution of two practically motivated problems. The first one concerns optimal...
|
|
| |
|
| |
|
| |
|
| |
guest ::
RSS feed.