Practical Risk-Adjusted Performance Measurement (The Wiley Finance Series)

Bacon, Carl R.

ISBN 10: 1119838843 / ISBN 13: 9781119838845

Editore: Wiley, 2021

In. Codice articolo ria9781119838845_new

Riassunto:

<p><b>Explore different measures of&nbsp;ex-post&nbsp;risk-adjusted performance measurement&nbsp;and learn to choose the correct one&nbsp;</b></p> <p>In the newly revised Second Edition of&nbsp;<i>Practical Risk-Adjusted Performance Measurement</i>,&nbsp;accomplished risk&nbsp;and investment expert Carl R. Bacon delivers&nbsp;an insightful, accessible, and real-world guide to ex-post risk measurement. The author bridges the gap between theory and practice, showing you how to apply the former to the latter without introducing unnecessary mathematical complexity.&nbsp;</p> <p>The book describes the fundamentals of risk in the asset management context and the descriptive statistics used to describe it.&nbsp;It builds on that foundation with detailed examinations of&nbsp;concepts like regression, drawdown, and partial moments, before moving on to topics like fixed income risk&nbsp;and Prospect Theory.&nbsp;</p> <p>With&nbsp;helpful&nbsp;additions&nbsp;that include&nbsp;recently developed measures&nbsp;of risk,&nbsp;supplementary&nbsp;explanatory sections, and six&nbsp;brand-new chapters,&nbsp;this book also offers:&nbsp;</p> <ul> <li>A practical classification of all ex-post risk measures&nbsp;and how they connect to one another&nbsp;</li> <li>An explanation of how&nbsp;risk-adjusted performance measures&nbsp;impact performance&nbsp;fees&nbsp;</li> <li>A discussion of risk measure dashboard designs&nbsp;</li> <li>Instructions on how appraisal measures should be used for manager selection&nbsp;</li> </ul> <p>Perfect for portfolio managers,&nbsp;asset owners, risk controllers, and investment performance analysts,&nbsp;<i>Practical Risk-Adjusted Performance Measurement</i>&nbsp;is an indispensable resource for anyone looking for a hands-on&nbsp;exploration of the buy-side, asset management perspective.&nbsp;</p>

Informazioni sull?autore: <p><b>CARL R. BACON,</b> CIPM, is Chief Advisor to Confluence. He is a member of the Advisory Board of the <i>Journal of Performance Measurement</i> and Founder of The Freedom Index Company. He was formerly Chairman of StatPro Plc from 2000 to 2017.</p>

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Titolo: Practical Risk-Adjusted Performance ...
Casa editrice: Wiley
Data di pubblicazione: 2021
Legatura: Rilegato
Condizione: New
Edizione: seconda edizione