Essays about: "Emelie Karnebäck"

Found 1 essay containing the words Emelie Karnebäck.

  1. 1. CATASTROPHE BONDS - An investment analysis of their performance and diversification benefits

    University essay from

    Author : Viktor Karlsson; Emelie Karnebäck; [2017-07-03]
    Keywords : ;

    Abstract : This thesis employs total return indices to investigate if catastrophe bonds are zero-beta assets and how they have performed compared to other assets. We conduct time series regressions and conclude that catastrophe bond returns are correlated with both the return of the equity- and the high yield corporate bond market during the subprime financial crisis, but find no significant correlation after the crisis. READ MORE