Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 3

MATTHIAS KELM

Dr. Matthias Kelm, Independent Economic Advisor, Tareno


(Luxembourg) S.A., matthias.kelm@tareno.lu, www.dii.lu.
, ,
.
,
. ,
, , . ,
.
,
. ,
, : .
2005 Ben Bernanke
: . ,
,
, .
, 2006, Bernanke Chairman
(FED), ...,
30%
.
,
. , 2009
.
30%, .
,
, .
BIS (Bank for International Settlements - )

1980. (66%, 1997-2003)
(56%, 2007-2010). ,
, 50%.
80
: 1991,
, 51% .

51% 2007 2013.
,
,
.
, 30 40%.
1980
10 30%.
10%, , , . ,
,
.

. ,
.
, . ,

.

.
, , .
, ,
, ,
.
, , ,
,
, ,
. ,
,
,
.

.
,
,
, .

.
,
, ,
, , .
(index funds)
,
.
,
-
(rebalancing)
.

: , ,
. ,
. ,
, ,
.
Matthias Kelm
,
(McKinsey) .
o St. Gallen (), HEC (, )
Cambridge (). Ph.D. Cambridge,
Schumpeter Hayek.
,
.
Tareno (Luxembourg) S.A.,
Diversified Index Investing Equities/Bonds/Real Assets,
,
() .

You might also like