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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.
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Investing in microfinance, Philipp M. Becker
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- 2010
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