Investment Theory And Risk Management Website

Author : Steven Peterson
Publisher : John Wiley & Sons
Page : 464 pages
File Size : 49,5 Mb
Release : 2012-05-08
Category : Business & Economics
ISBN : 9781118129593

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Investment Theory and Risk Management, + Website by Steven Peterson Pdf

A unique perspective on applied investment theory and risk management from the Senior Risk Officer of a major pension fund Investment Theory and Risk Management is a practical guide to today's investment environment. The book's sophisticated quantitative methods are examined by an author who uses these methods at the Virginia Retirement System and teaches them at the Virginia Commonwealth University. In addition to showing how investment performance can be evaluated, using Jensen's Alpha, Sharpe's Ratio, and DDM, he delves into four types of optimal portfolios (one that is fully invested, one with targeted returns, another with no short sales, and one with capped investment allocations). In addition, the book provides valuable insights on risk, and topics such as anomalies, factor models, and active portfolio management. Other chapters focus on private equity, structured credit, optimal rebalancing, data problems, and Monte Carlo simulation. Contains investment theory and risk management spreadsheet models based on the author's own real-world experience with stock, bonds, and alternative assets Offers a down-to-earth guide that can be used on a daily basis for making common financial decisions with a new level of quantitative sophistication and rigor Written by the Director of Research and Senior Risk Officer for the Virginia Retirement System and an Associate Professor at Virginia Commonwealth University's School of Business Investment Theory and Risk Management empowers both the technical and non-technical reader with the essential knowledge necessary to understand and manage risks in any corporate or economic environment.

Author : H. Kent Baker,Greg Filbeck
Publisher : Oxford University Press
Page : 736 pages
File Size : 50,8 Mb
Release : 2014-12-03
Category : Business & Economics
ISBN : 9780190214081

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Investment Risk Management by H. Kent Baker,Greg Filbeck Pdf

All investments carry with them some degree of risk. In the financial world, individuals, professional money managers, financial institutions, and many others encounter and must deal with risk. Risk management is a process of determining what risks exist in an investment and then handling those risks in the best-suited way. This is important because it can reduce or augment risk depending on the goals of investors and portfolio managers. The main purpose of Investment Risk Management is to provide an overview of developments in risk management and a synthesis of research involving these developments. The book examines ways to alter exposures through measuring and managing those exposures and provides an understanding of the latest strategies and trends within risk management. The scope of the coverage is broad and encompasses the most important aspects of investment risk management. Its 30 chapters are organized into six sections: (1) foundations of risk management, (2) types of risk, (3) quantitative assessment of risk, (4) risk and risk classes, (5) hedging risk and (6) going forward. The book should be of particular interest to sophisticated practitioners, investors, academics, and graduate finance students. Investment Risk Management provides a fresh look at this intriguing but complex subject.

Author : Frances Cowell
Publisher : Springer
Page : 475 pages
File Size : 53,7 Mb
Release : 2013-10-31
Category : Business & Economics
ISBN : 9781137346407

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Risk-Based Investment Management in Practice by Frances Cowell Pdf

A practitioner's account of how investment risk affects the decisions of professional investment managers. Jargon-free, with a broad coverage of investment types and asset classes, the non-investment professional will find this book readable and accessible.

Author : H. Kent Baker,Greg Filbeck
Publisher : Oxford University Press
Page : 802 pages
File Size : 49,8 Mb
Release : 2013-03-07
Category : Business & Economics
ISBN : 9780199829699

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Portfolio Theory and Management by H. Kent Baker,Greg Filbeck Pdf

Portfolio Theory and Management examines the foundations of portfolio management with the contributions of financial pioneers up to the latest trends. The book discusses portfolio theory and management both before and after the 2007-2008 financial crisis. It takes a global focus by highlighting cross-country differences and practices.

Author : Alan L. Tucker
Publisher : Unknown
Page : 630 pages
File Size : 41,9 Mb
Release : 1994
Category : Investment analysis
ISBN : UOM:39076002405640

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Contemporary Portfolio Theory and Risk Management by Alan L. Tucker Pdf

Author : Mihail Busu
Publisher : Unknown
Page : 0 pages
File Size : 53,8 Mb
Release : 2022
Category : Electronic
ISBN : 3031150570

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Essentials of Investment and Risk Analysis by Mihail Busu Pdf

This book provides an overview of the evolution of investment and risk, together with a synthesis of research on these developments. It explores how exposures can be modified by measuring and managing them and introduces readers to the latest strategies and trends in investment. Broad in scope, the book covers the most important aspects of investment risk management, including the time value of money, financial markets, equity markets, bond markets, and portfolio theory. Accordingly, it offers a valuable asset for advanced undergraduate and graduate finance students, investors and academics alike.

Author : Steven P. Greiner
Publisher : Wiley
Page : 588 pages
File Size : 44,7 Mb
Release : 2013-03-25
Category : Business & Economics
ISBN : 1118300181

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Investment Risk and Uncertainty by Steven P. Greiner Pdf

Valuable insights on the major methods used in today's asset and risk management arena Risk management has moved to the forefront of asset management since the credit crisis. However, most coverage of this subject is overly complicated, misunderstood, and extremely hard to apply. That's why Steven Greiner—a financial professional with over twenty years of quantitative and modeling experience—has written Investment Risk and Uncertainty. With this book, he skillfully reduces the complexity of risk management methodologies applied across many asset classes through practical examples of when to use what. Along the way, Greiner explores how particular methods can lower risk and mitigate losses. He also discusses how to stress test your portfolio and remove the exposure to regular risks and those from "Black Swan" events. More than just an explanation of specific risk issues, this reliable resource provides practical "off-the-shelf" applications that will allow the intelligent investor to understand their risks, their sources, and how to hedge those risks. Covers modern methods applied in risk management for many different asset classes Details the risk measurements of truly multi-asset class portfolios, while bridging the gap for managers in various disciplines—from equity and fixed income investors to currency and commodity investors Examines risk management algorithms for multi-asset class managers as well as risk managers, addressing new compliance issues and how to meet them The theory of risk management is hardly ever spelled out in practical applications that portfolio managers, pension fund advisors, and consultants can make use of. This book fills that void and will put you in a better position to confidently face the investment risks and uncertainties found in today's dynamic markets.

Author : Jack Clark Francis,Dongcheol Kim
Publisher : John Wiley & Sons
Page : 576 pages
File Size : 47,5 Mb
Release : 2013-01-22
Category : Business & Economics
ISBN : 9781118370520

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Modern Portfolio Theory, + Website by Jack Clark Francis,Dongcheol Kim Pdf

A through guide covering Modern Portfolio Theory as well as the recent developments surrounding it Modern portfolio theory (MPT), which originated with Harry Markowitz's seminal paper "Portfolio Selection" in 1952, has stood the test of time and continues to be the intellectual foundation for real-world portfolio management. This book presents a comprehensive picture of MPT in a manner that can be effectively used by financial practitioners and understood by students. Modern Portfolio Theory provides a summary of the important findings from all of the financial research done since MPT was created and presents all the MPT formulas and models using one consistent set of mathematical symbols. Opening with an informative introduction to the concepts of probability and utility theory, it quickly moves on to discuss Markowitz's seminal work on the topic with a thorough explanation of the underlying mathematics. Analyzes portfolios of all sizes and types, shows how the advanced findings and formulas are derived, and offers a concise and comprehensive review of MPT literature Addresses logical extensions to Markowitz's work, including the Capital Asset Pricing Model, Arbitrage Pricing Theory, portfolio ranking models, and performance attribution Considers stock market developments like decimalization, high frequency trading, and algorithmic trading, and reveals how they align with MPT Companion Website contains Excel spreadsheets that allow you to compute and graph Markowitz efficient frontiers with riskless and risky assets If you want to gain a complete understanding of modern portfolio theory this is the book you need to read.

Author : M. Rasmussen
Publisher : Springer
Page : 453 pages
File Size : 42,8 Mb
Release : 2002-12-13
Category : Business & Economics
ISBN : 9780230512856

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Quantitative Portfolio Optimisation, Asset Allocation and Risk Management by M. Rasmussen Pdf

Targeted towards institutional asset managers in general and chief investment officers, portfolio managers and risk managers in particular, this practical book serves as a comprehensive guide to quantitative portfolio optimization, asset allocation and risk management. Providing an accessible yet rigorous approach to investment management, it gradually introduces ever more advanced quantitative tools for these areas. Using extensive examples, this book guides the reader from basic return and risk analysis, all the way through to portfolio optimization and risk characterization, and finally on to fully fledged quantitative asset allocation and risk management. It employs such tools as enhanced modern portfolio theory using Monte Carlo simulation and advanced return distribution analysis, analysis of marginal contributions to absolute and active portfolio risk, Value-at-Risk and Extreme Value Theory. All this is performed within the same conceptual, theoretical and empirical framework, providing a self-contained, comprehensive reading experience with a strongly practical aim.

Author : M. Rasmussen
Publisher : Palgrave Macmillan
Page : 443 pages
File Size : 52,8 Mb
Release : 2003-01-01
Category : Business & Economics
ISBN : 1349509442

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Quantitative Portfolio Optimisation, Asset Allocation and Risk Management by M. Rasmussen Pdf

Targeted towards institutional asset managers in general and chief investment officers, portfolio managers and risk managers in particular, this practical book serves as a comprehensive guide to quantitative portfolio optimization, asset allocation and risk management. Providing an accessible yet rigorous approach to investment management, it gradually introduces ever more advanced quantitative tools for these areas. Using extensive examples, this book guides the reader from basic return and risk analysis, all the way through to portfolio optimization and risk characterization, and finally on to fully fledged quantitative asset allocation and risk management. It employs such tools as enhanced modern portfolio theory using Monte Carlo simulation and advanced return distribution analysis, analysis of marginal contributions to absolute and active portfolio risk, Value-at-Risk and Extreme Value Theory. All this is performed within the same conceptual, theoretical and empirical framework, providing a self-contained, comprehensive reading experience with a strongly practical aim.

Author : Lionel Martellini,Philippe Priaulet,Stéphane Priaulet
Publisher : John Wiley & Sons
Page : 662 pages
File Size : 48,8 Mb
Release : 2005-09-27
Category : Business & Economics
ISBN : 9780470868225

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Fixed-Income Securities by Lionel Martellini,Philippe Priaulet,Stéphane Priaulet Pdf

This textbook will be designed for fixed-income securities courses taught on MSc Finance and MBA courses. There is currently no suitable text that offers a 'Hull-type' book for the fixed income student market. This book aims to fill this need. The book will contain numerous worked examples, excel spreadsheets, with a building block approach throughout. A key feature of the book will be coverage of both traditional and alternative investment strategies in the fixed-income market, for example, the book will cover the modern strategies used by fixed-income hedge funds. The text will be supported by a set of PowerPoint slides for use by the lecturer First textbook designed for students written on fixed-income securities - a growing market Contains numerous worked examples throughout Includes coverage of important topics often omitted in other books i.e. deriving the zero yield curve, deriving credit spreads, hedging and also covers interest rate and credit derivatives

Author : Richard Dobbins,Stephen Witt,John Fielding
Publisher : Wiley-Blackwell
Page : 192 pages
File Size : 50,9 Mb
Release : 1994-01-06
Category : Business & Economics
ISBN : 0631191828

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Portfolio Theory and Investment Management by Richard Dobbins,Stephen Witt,John Fielding Pdf

The second edition of this widely acclaimed introductory text has been fully revised to provide a concise summary of modern portfolio theory.

Author : John Hull
Publisher : John Wiley & Sons
Page : 674 pages
File Size : 51,5 Mb
Release : 2012-05-08
Category : Business & Economics
ISBN : 9781118269039

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Risk Management and Financial Institutions, + Web Site by John Hull Pdf

This text takes risk management theory and explains it in a 'this is how you do it' manner for practical application in today's financial world.

Author : IMCA
Publisher : Wiley
Page : 0 pages
File Size : 49,5 Mb
Release : 2003-01-02
Category : Business & Economics
ISBN : 0471064122

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The Handbook of Risk by IMCA Pdf

The ultimate source for risk management information Before entering into any investment, the risk of that venture must be identified and quantified. The Handbook of Risk provides in-depth coverage of risk from every possible angle and illuminates the subject by covering the quantitative and and behavioral issues faced by investment professionals on a day-to-day basis. This valuable reference offers a prescriptive and descriptive treatment of risk management for those looking to control, contain, and minimize the risk of their investments. The Handbook of Risk is also a perfect companion for professionals looking to complete IMCA certification courses. Ben Warwick (Denver, CO) is the "Market View" columnist for worldlyinvestor.com and Chief Investment Officer of Sovereign Wealth Management, Inc. He has written numerous books, including The WorldlyInvestorGuide to Beating the Market (Wiley: 0471215317), and Searching for Alpha (Wiley: 0471348228). IMCA (The Investment Management Consultants Association) is a professional association established in 1990 that represents the investment consulting profession in the United States and Canada. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.

Author : Michael T. Carpenter
Publisher : Wiley
Page : 0 pages
File Size : 53,7 Mb
Release : 2009-08-13
Category : Business & Economics
ISBN : 0470530928

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The Risk-Wise Investor by Michael T. Carpenter Pdf

User-friendly risk management tools, tips, and techniques for a less certain world Though a very high level of investor uncertainty, anxiety, and concern about risk now exists, the vast majority of investors do not genuinely understand investment risk-let alone how to effectively manage it. The "Risk-Wise" Investor offers a totally new, user-friendly, non-technical way to help you better understand and manage uncertainty and risk. This practical guide will help investors avoid many common pitfalls and make well informed, knowledge-based decisions when facing uncertainty and risk. It also shows how to implement a personalized, systematic risk management planning process that will allow you to manage the risks you face more effectively and improve the likelihood of achieving specific investment goals. Though traditional investment advice is based on taking the long view and diversifying portfolios, the information here shows how to incorporate additional risk management considerations into your plans. It also provides innovative insights that will help investors and their advisors better understand how to Gain a practical, user-friendly, knowledge based understanding of risk and risk management Better understand and manage financial uncertainty and rapid change Release life-risk management skills in the world of investments Become less anxious, more knowledgeable, realistic, and potentially more successful investors Learn a new "empowering" definition of risk to more effectively address risk and uncertainty Help reduce the likelihood and potential impact of negative surprises