Produkty strukturyzowane jako instrumenty ograniczające ryzyko inwestycji kapitałowych w okresie kryzysu na rynkach finansowych

• Authors: Rafał Rębilas

Title variants

EN

Structured Products as the Instruments which Limit Equity Investments during the Crisis in the Financial Markets

• Languages of publication: PL

Abstracts

EN

Waves stock market declines, the volatility of exchange rates, bankruptcy and problems with liquidity of financial institutions which have been taking places around the world since 2008, triggered a crisis of confidence in financial markets. The situation was deteriorated by the crisis of public finances in some countries, resulting in public debt arising to meaningful rate. This public debt is dangerous from the viewpoint of time aspect and, consequently, from the perspective of preserving the solvency of the country. Possibilities of GDP growth and more specifically placed forecasts of economic slowdown, of the decline in exports and decrease in the level of domestic demand for consumer goods are not conducive to make the kind of investment decision, as well. On the other hand, the interest rate on domestic deposits of traditional banking market - frequently recognized as secure - it considered to be unsatisfactory for investors. This allows, thus, in the best situation, to cover the loss of capital value because of inflation. Under such circumstances the question: "What to invest in?" becomes crucial. The purpose of this article is to present the instruments offering the possibilities of locating the funds of invest surplus giving investors the prospects for achieving capital gains in excess of market rates of interest on deposits with a limited level of investment risk. This refers to the structured products which offer, more frequently, appears in the national financial market

Keywords

PL

Instrumenty finansowe; Inwestycje kapitałowe; Kryzys finansowy; Rynki finansowe; Ryzyko kapitałowe

EN

Capital investments; Capital risk; Financial crisis; Financial instruments; Financial markets

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2013
• Volume: 174
• Pages: 129-142

Contributors

author

Rafał Rębilas

References

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Identifiers

ISSN

2083-8611