Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile

Detalhes bibliográficos
Autor(a) principal: Arenas, Jose Carlos Valls
Data de Publicação: 2023
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/156166
Resumo: This consulting project, Client risk profile – the Portuguese case - Effect of wealth and health factors on the investors’ risk profile, commissioned by BPI Asset Management, investigates the most relevant factors that determine the risk aversion of Portuguese investors. Using qualitative and quantitative research methods, we demonstrate why the average Portuguese citizen tends to be excessively risk-averse compared to their European peers. The quantitative analysis was based on our survey’s results. A multiple linear regression using various factor variables allowed us to analyze the effect of each factor on the Portuguese investor’s risk aversion and the correlation between them. Next, individual portfolios were designed for the different risk profiles, maximizing return while respecting the maximum drawdown desired by the investors and calculating the VaR. The individual component focuses on a deeper way on the effect of wealth and health on the investor’s risk profile and analyses the different existing types of wealth and health and the ones that are more impactful.
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spelling Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profileRisk profileWealth factorHealth factorPortfolio allocationInvestingRisk aversionDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis consulting project, Client risk profile – the Portuguese case - Effect of wealth and health factors on the investors’ risk profile, commissioned by BPI Asset Management, investigates the most relevant factors that determine the risk aversion of Portuguese investors. Using qualitative and quantitative research methods, we demonstrate why the average Portuguese citizen tends to be excessively risk-averse compared to their European peers. The quantitative analysis was based on our survey’s results. A multiple linear regression using various factor variables allowed us to analyze the effect of each factor on the Portuguese investor’s risk aversion and the correlation between them. Next, individual portfolios were designed for the different risk profiles, maximizing return while respecting the maximum drawdown desired by the investors and calculating the VaR. The individual component focuses on a deeper way on the effect of wealth and health on the investor’s risk profile and analyses the different existing types of wealth and health and the ones that are more impactful.d’Arienzo, DanieleOliveira, Adérito JoãoSilva, Tomás NevesRUNArenas, Jose Carlos Valls2023-08-02T11:52:13Z2023-01-132023-01-102023-01-13T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/156166TID:203311515enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:38:46Zoai:run.unl.pt:10362/156166Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:56:22.024370Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile
title Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile
spellingShingle Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile
Arenas, Jose Carlos Valls
Risk profile
Wealth factor
Health factor
Portfolio allocation
Investing
Risk aversion
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile
title_full Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile
title_fullStr Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile
title_full_unstemmed Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile
title_sort Client risk profile – the Portuguese case effect of wealth and health factors on the investor´s risk profile
author Arenas, Jose Carlos Valls
author_facet Arenas, Jose Carlos Valls
author_role author
dc.contributor.none.fl_str_mv d’Arienzo, Daniele
Oliveira, Adérito João
Silva, Tomás Neves
RUN
dc.contributor.author.fl_str_mv Arenas, Jose Carlos Valls
dc.subject.por.fl_str_mv Risk profile
Wealth factor
Health factor
Portfolio allocation
Investing
Risk aversion
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Risk profile
Wealth factor
Health factor
Portfolio allocation
Investing
Risk aversion
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This consulting project, Client risk profile – the Portuguese case - Effect of wealth and health factors on the investors’ risk profile, commissioned by BPI Asset Management, investigates the most relevant factors that determine the risk aversion of Portuguese investors. Using qualitative and quantitative research methods, we demonstrate why the average Portuguese citizen tends to be excessively risk-averse compared to their European peers. The quantitative analysis was based on our survey’s results. A multiple linear regression using various factor variables allowed us to analyze the effect of each factor on the Portuguese investor’s risk aversion and the correlation between them. Next, individual portfolios were designed for the different risk profiles, maximizing return while respecting the maximum drawdown desired by the investors and calculating the VaR. The individual component focuses on a deeper way on the effect of wealth and health on the investor’s risk profile and analyses the different existing types of wealth and health and the ones that are more impactful.
publishDate 2023
dc.date.none.fl_str_mv 2023-08-02T11:52:13Z
2023-01-13
2023-01-10
2023-01-13T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/156166
TID:203311515
url http://hdl.handle.net/10362/156166
identifier_str_mv TID:203311515
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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