Introduction to Risk Parity and Budgeting (Chapman and Hall/CRC Financial Mathematics Series) - Image 1

£46.53

Chapman and Hall/CRC Introduction to Risk Parity and Budgeting (Chapman and Hall/CRC Financial Mathematics Series)

Name: Introduction to Risk Parity and Budgeting (Chapman and Hall/CRC Financial Mathematics Series)
Brand: Chapman and Hall/CRC
Price: 43.99 GBP
Availability: InStock

Econometrics

Price History & Forecast

Last 26 days • 26 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 26 days • 2 price levels

Days at Price

Current Price

Price Analysis

Most common price: £44 (13 days, 50.0%)

Price range: £44 - £47

Price levels: 2 different prices over 26 days

Description

Although portfolio management didn’t change much during the 40 years after the seminal works of Markowitz and Sharpe, the development of risk budgeting techniques marked an important milestone in the deepening of the relationship between risk and asset management. Risk parity then became a popular financial model of investment after the global financial crisis in 2008. Today, pension funds and institutional investors are using this approach in the development of smart indexing and the redefinition of long-term investment policies. Written by a well-known expert of asset management and risk parity, Introduction to Risk Parity and Budgeting provides an up-to-date treatment of this alternative method to Markowitz optimization. It builds financial exposure to equities and commodities, considers credit risk in the management of bond portfolios, and designs long-term investment policy. The first part of the book gives a theoretical account of portfolio optimization and risk parity. The author discusses modern portfolio theory and offers a comprehensive guide to risk budgeting. Each chapter in the second part presents an application of risk parity to a specific asset class. The text covers risk-based equity indexation (also called smart beta) and shows how to use risk budgeting techniques to manage bond portfolios. It also explores alternative investments, such as commodities and hedge funds, and applies risk parity techniques to multi-asset classes. The book’s first appendix provides technical materials on optimization problems, copula functions, and dynamic asset allocation. The second appendix contains 30 tutorial exercises. Solutions to the exercises, slides for instructors, and Gauss computer programs to reproduce the book’s examples, tables, and figures are available on the author’s website.

Product Specifications

Brand: Chapman and Hall/CRC
Format: paperback
ASIN: 1032919876
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 14 October 2024
Listed Since: 09 August 2024

Barcode

No barcode data available

Chapman and Hall/CRC Introduction to Risk Parity and Budgeting (Chapman and Hall/CRC Financial Mathematics Series)

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Introduction to Risk Parity and Budgeting (Chapman and Hall/CRC Financial Mathematics Series)

Risk Parity Fundamentals

Portfolio Optimization and Performance Analysis (Chapman and Hall/CRC Financial Mathematics Series)

Pension Fund Risk Management: Financial and Actuarial Modeling (Chapman & Hall/CRC Finance Series)

Portfolio Optimization (Chapman and Hall/CRC Financial Mathematics Series)

Portfolio Optimization (Chapman and Hall/CRC Financial Mathematics Series)

Quantitative Equity Portfolio Management: Modern Techniques and Applications (Chapman and Hall/CRC Financial Mathematics Series)

The Sharpe Ratio: Statistics and Applications

Pension Fund Risk Management: Financial and Actuarial Modeling (Chapman & Hall/CRC Finance Series)

Portfolio Management: Theory, Behavioral Aspects and Applications

Quantitative Fund Management (Chapman & Hall/CRC Financial Mathematics)

Understanding Risk: The Theory and Practice of Financial Risk Management (Chapman and Hall/CRC Financial Mathematics Series)

Understanding Risk: The Theory and Practice of Financial Risk Management (Chapman and Hall/CRC Financial Mathematics Series)

Portfolio Selection and Asset Pricing: Models of Financial Economics and Their Applications in Investing

Risk and Asset Allocation (Springer Finance)

Counterparty Risk and Funding: A Tale of Two Puzzles (Chapman and Hall/CRC Financial Mathematics Series)

Introduction to Stochastic Calculus Applied to Finance (Chapman and Hall/CRC Financial Mathematics Series)

The Sharpe Ratio: Statistics and Applications

Introduction to Credit Risk Modeling (Chapman and Hall/CRC Financial Mathematics Series)

Risk and Portfolio Analysis: Principles and Methods (Springer Series in Operations Research and Financial Engineering)

The Financial Mathematics of Market Liquidity: From Optimal Execution to Market Making: 33 (Chapman and Hall/CRC Financial Mathematics Series)

Portfolio Risk Analysis

Financial Risk Management for Pension Plans (0)

Financial Mathematics: From Discrete to Continuous Time (Chapman and Hall/CRC Financial Mathematics Series)