Multi-Dimensional Diversification: Improving Portfolio Selection Using Principal Component Analysis - Brossura

Rankin, Dr Rufus G

Brossura

ISBN 10: 153317850X ISBN 13: 9781533178503

Casa editrice: CreateSpace Independent Publishing Platform, 2016

Riassunto

Is your portfolio really diversified? In recent years, markets have become increasingly interconnected, while low cost ETFs and mutual funds have made more and more assets and strategies available to investors. While this has evened the playing field for investors, it has also made it much harder to select appropriate investments. Diversification is not a free lunch! It takes research to identify truly uncorrelated assets – a task that seems to be getting harder all the time. Simply adding more assets does not necessarily increase diversification because many investments have the same underlying return drivers. Multi-Dimensional Diversification introduces Principal Component Analysis (“PCA”), and shows how this tool can help to identify the underlying return drivers in any set of investments – enabling you to identify truly diversifying assets while avoiding unnecessary and potentially harmful over-concentration.

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Informazioni sull?autore

Dr. Rufus Rankin is a portfolio manager and the Director of Research of Equinox Institutional Asset Management. Dr. Rankin holds a BA in Philosophy and a Masters in International Studies from North Carolina State University, and a Doctorate of Business Administration (Finance) from Grenoble Ecole de Management.

Dettagli dell'edizione

• Editore: CreateSpace Independent Publishing Platform
• Data di pubblicazione: 2016
• Lingua: Inglese
• ISBN 10: 153317850X
• ISBN 13: 9781533178503
• Rilegatura: Copertina flessibile
• Numero edizione: 1
• Numero di pagine: 58
• Contatto del produttore: Manufactured by Amazon on behalf of the author; https://www.amazon.it/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Lussemburgo