{"id":44039,"date":"2017-11-26T16:13:32","date_gmt":"2017-11-26T14:13:32","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/the-future-of-investment-management\/"},"modified":"2017-11-26T16:13:32","modified_gmt":"2017-11-26T14:13:32","slug":"the-future-of-participation-management","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/the-future-of-participation-management\/","title":{"rendered":"The future of investment management"},"content":{"rendered":"

Olivier Weddrien<\/strong> \u2014 CEO DZ Equity Part\u00adner GmbH, Frankfurt\/Main<\/p>\n

Chris\u00adtian Futter\u00adlieb<\/strong> \u2014 Member of the Manage\u00adment Board DZ Equity Part\u00adner GmbH, Frankfurt\/Main<\/p>\n","protected":false},"excerpt":{"rendered":"

After dizzy\u00ading acro\u00adba\u00adtics with figu\u00adres in lofty heights, solid, entre\u00adpre\u00adneu\u00adrial action is now called for again. This means that successful port\u00adfo\u00adlio manage\u00adment requi\u00adres not only the right stra\u00adtegy and the opti\u00admal use of skills, but also the ability and willing\u00adness to get invol\u00adved in day-to-day busi\u00adness close to the ground.<\/strong><\/p>\n

First the bank\u00adruptcy of the once renow\u00adned invest\u00adment house Lehman Brot\u00adhers, then the near-collapse of the insu\u00adrance group AIG, and finally the crises at banks and finan\u00adcial insti\u00adtu\u00adti\u00adons around the world: within a very short period of time, all this ensu\u00adred that deals and agree\u00adments that were conside\u00adred highly promi\u00adsing yester\u00adday were no longer even worth the paper they were writ\u00adten on the very next day. Worse still, the confi\u00addence of market parti\u00adci\u00adpants \u2014 espe\u00adci\u00adally among banks \u2014 was dange\u00adrously shaken, threa\u00adtening to under\u00admine one of the most important foun\u00adda\u00adti\u00adons of the entire economy.<\/p>\n

Hardly before in history has the econo\u00admic self-image of entre\u00adpre\u00adneurs, inves\u00adtors and capi\u00adtal provi\u00adders been so deeply shaken and subjec\u00adted to such drastic chan\u00adges as by the finan\u00adcial and econo\u00admic crisis that began in 2008. The high level of uncer\u00adtainty as to whether even estab\u00adlished, strong compa\u00adnies will still be able to finance them\u00adsel\u00adves in the future, and the far from reassu\u00adring outlook for the global economy as a whole, led to imme\u00addiate invest\u00adment free\u00adzes being impo\u00adsed, plan\u00adned finan\u00adcing being halted and exis\u00adting invent\u00adories being redu\u00adced as quickly as possi\u00adble. In view of the incre\u00adasingly gloomy order situa\u00adtion, sales at many compa\u00adnies slum\u00adped drama\u00adti\u00adcally \u2014 in sectors such as the auto\u00admo\u00adtive supply indus\u00adtry or plant and mecha\u00adni\u00adcal engi\u00adnee\u00adring by up to 70 percent even on a quar\u00adterly basis 72. One year on, the situa\u00adtion has clearly lost some of its drama, and the light at the end of the tunnel is slowly beco\u00adming visi\u00adble. Nevert\u00adhel\u00adess, it is not clear whether ever\u00ady\u00adthing will now be as it once was.<\/p>\n","protected":false},"featured_media":41175,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2511,2548,2549],"product_tag":[1950,1954,1958,1961],"class_list":{"0":"post-44039","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-fyb-2010-2","8":"product_cat-oliver-weddrien-en","9":"product_cat-christian-futterlieb-en","10":"product_tag-olivier-weddrien-en","11":"product_tag-christian-futterlieb-en","12":"product_tag-market-participants","13":"product_tag-global-economy","14":"pa_sprache-english-3","15":"pa_sprache-german","17":"first","18":"outofstock","19":"taxable","20":"shipping-taxable","21":"purchasable","22":"product-type-variable"},"yoast_head":"\nThe future of investment management - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/the-future-of-participation-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The future of investment management - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"After dizzying acrobatics with figures in lofty heights, solid, entrepreneurial action is now called for again. 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