Investing into microfinance

This paper investigates investment performance of microfinance investment funds. The examined funds have recorded lower total risk than global stocks and bonds (measured by four benchmark indices) with moderate but stable returns. The analysis revealed that investment in microfinance investment fun...

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Bibliographic Details
Main Authors: Karel Janda, Barbora Svárovská
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2010-09-01
Series:Journal of Business Economics and Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/5868