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A singular perspective on utilized funding concept and threat administration from the Senior Risk Officer of a significant pension fund

Investment Theory and Risk Management is a sensible information to at present’s funding setting. The ebook’s subtle quantitative strategies are examined by an creator who makes use of these strategies on the Virginia Retirement System and teaches them on the Virginia Commonwealth University. In addition to exhibiting how funding efficiency could be evaluated, utilizing Jensen’s Alpha, Sharpe’s Ratio, and DDM, he delves into 4 varieties of optimum portfolios (one that’s totally invested, one with focused returns, one other with no brief gross sales, and one with capped funding allocations).

In addition, the ebook offers beneficial insights on threat, and matters akin to anomalies, issue fashions, and lively portfolio administration. Other chapters concentrate on personal fairness, structured credit score, optimum rebalancing, information issues, and Monte Carlo simulation.

  • Contains funding concept and threat administration spreadsheet fashions based mostly on the creator’s personal real-world expertise with inventory, bonds, and different belongings
  • Offers a down-to-earth information that can be utilized each day for making frequent monetary choices with a brand new degree 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 each the technical and non-technical reader with the important data mandatory to know and handle dangers in any company or financial setting.

Used Book in Good Condition

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