Hedging the investment portfolio with derivatives present on the Polish market

This paper explores the evolving nature of the capital market in the second and third decades of the 21st century, characterized by its widespread accessibility to individual investors. Howthe study investigates practical methods to minimize risk, focusing on the limited availability of derivatives...

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Main Authors: Tomasz Bernat, Robert Ruszkiewicz
Format: Article
Language:English
Published: AGH UNIVERSITY PRESS 2024-04-01
Series:Managerial Economics
Online Access:https://journals.agh.edu.pl/manage/article/view/5968
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author Tomasz Bernat
Robert Ruszkiewicz
author_facet Tomasz Bernat
Robert Ruszkiewicz
author_sort Tomasz Bernat
collection DOAJ
description This paper explores the evolving nature of the capital market in the second and third decades of the 21st century, characterized by its widespread accessibility to individual investors. Howthe study investigates practical methods to minimize risk, focusing on the limited availability of derivatives in the Polish capital market. The research develops and tests an investment portfolio, drawing on Markowitz’s portfolio construction theory and Hull’s hedging strategy. The Polish conditions using available tools and strategies.
format Article
id doaj-art-47a0047e051e414e866ddbc5862fe4e7
institution DOAJ
issn 1898-1143
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language English
publishDate 2024-04-01
publisher AGH UNIVERSITY PRESS
record_format Article
series Managerial Economics
spelling doaj-art-47a0047e051e414e866ddbc5862fe4e72025-08-20T02:52:09ZengAGH UNIVERSITY PRESSManagerial Economics1898-11432353-36172024-04-0124110.7494/manage.2023.24.1.7Hedging the investment portfolio with derivatives present on the Polish marketTomasz Bernat 0Robert RuszkiewiczUniversity of Szczecin, Institute of Economics and Finance, Economics Department This paper explores the evolving nature of the capital market in the second and third decades of the 21st century, characterized by its widespread accessibility to individual investors. Howthe study investigates practical methods to minimize risk, focusing on the limited availability of derivatives in the Polish capital market. The research develops and tests an investment portfolio, drawing on Markowitz’s portfolio construction theory and Hull’s hedging strategy. The Polish conditions using available tools and strategies. https://journals.agh.edu.pl/manage/article/view/5968
spellingShingle Tomasz Bernat
Robert Ruszkiewicz
Hedging the investment portfolio with derivatives present on the Polish market
Managerial Economics
title Hedging the investment portfolio with derivatives present on the Polish market
title_full Hedging the investment portfolio with derivatives present on the Polish market
title_fullStr Hedging the investment portfolio with derivatives present on the Polish market
title_full_unstemmed Hedging the investment portfolio with derivatives present on the Polish market
title_short Hedging the investment portfolio with derivatives present on the Polish market
title_sort hedging the investment portfolio with derivatives present on the polish market
url https://journals.agh.edu.pl/manage/article/view/5968
work_keys_str_mv AT tomaszbernat hedgingtheinvestmentportfoliowithderivativespresentonthepolishmarket
AT robertruszkiewicz hedgingtheinvestmentportfoliowithderivativespresentonthepolishmarket