以可變空間理論規劃基金投資之最佳組合

Abstract

理財產業被視為 21 世紀最重要的產業之一且對人類福祉有重大貢獻。 理財產業的成長將成為下一波經濟長波的主要驅動力量。理財產業這高專 業性產業面臨著投資者需求眾多、產品多樣化、市場競爭龐大及全球金融 趨勢不確定性高的嚴峻挑戰。尤其主要的基金投資屬於最大宗面項,投資者更為重視。面對金融趨勢的瞬息萬變,如何能擄獲投資者的青睞,提升理財績效,成為理財產業的基金投資當前最重要的議題。基金投資組合是 有效的方式,若得以採行最適投資組合,有效整合各類型基金,提升資本利得,將對理財產業的發展有極大的助益,更能大幅提昇對全球投資者穩健與成長的理財投資貢獻。因此,本研究擬以新型規劃法(De Novo Programming)與可變空間理論(Changeable Space Theory)評估並規劃出最適的基金投資組合;分析影響理財產業結合各類型基金之關鍵要素,並運用文獻探討,彙整出影響基金投資組合的關鍵因素,透過蒐集理財領域之專家問卷,及透過蒐集理財領域之金融相關員工問卷,歸納出理財產業設計基金組合的關鍵因素。本研究可提供做為全球投資者的基金配置根本,促使理財產業提供的投資產品架構更周全,加速投資種類之變化,帶動理財產業蓬勃發展。

The financial management industry is regarded as one of the most important industries in the 21st century and has made significant contributions to human well-being. Faced with the rapid changes in financial trends, fund portfolio is an effective way. This study intends to evaluate and plan the optimal fund investment portfolio by De Novo Programming and Changeable Space Theory; analyze the key factors that affect the financial management industry and combine various types of funds, and use the literature to explore to reconcile the key factors affecting the fund's investment portfolio, by collecting expert questionnaires in the field of financial management and collecting financial- related employee questionnaires in the financial sector, the key factors of the financial management industry design fund portfolio are summarized, and it is hoped that by understanding the key portfolio motives, choose the most appropriate fund portfolio for reference to promote financial performance. This research can provide the fund allocation as a global investor, and promote the investment product structure provided by this industry to be more comprehensive, accelerate the change of investment types, and promote the vigorous development of the financial management industry.