Portfolio Analytics: An Introduction to Return and Risk Measurement (Springer Texts in Business and Economics) - Hardcover

Book 44 of 190: Springer Texts in Business and Economics

Marty, Wolfgang

 
9783319198118: Portfolio Analytics: An Introduction to Return and Risk Measurement (Springer Texts in Business and Economics)
Hardcover
ISBN 10: 3319198114 ISBN 13: 9783319198118
Publisher: Springer, 2015

Synopsis

This textbook first introduces the reader to return measurement and then goes on to compare the time-weighted rate of return (TWR) with the money-weighted rate of return (MWR). To emphasize the importance of risk in conjunction with return, different tracking errors are analyzed and ex-post versus ex-ante risk figures are compared. The author then proceeds to modern portfolio theory (MPT) and illustrates how the constraints interfere substantially in the construction of optimized portfolios. As a conclusion, the book provides the reader with all the essential aspects of investment controlling.

"synopsis" may belong to another edition of this title.

About the Author

Dr. Wolfgang Marty is Investment Strategist at AgaNola. Between 2015 and 1998 he was working with Credit Suisse in Zurich. He joined as Head of Product Engineering and later became Head of Portfolio Analytics. From 1989 - 1998 he worked in London and Chicago. He is specialized in performance measurement, fixed income portfolio attribution and portfolio optimization. He has been committed to actively developing the fixed-income markets for many years. In particular it pursues the interests of the Swiss market participants in the European Bond Commission (EBC). Moreover, Wolfgang Marty is a member of the Executive Committee of the EBC, as well as of the Bond Index Commission of SIX Exchange.         

From the Back Cover

This textbook first introduces the reader to return measurement and then goes on to compare the time-weighted rate of return (TWR) with the money-weighted rate of return (MWR). To emphasize the importance of risk in conjunction with return, different tracking errors are analyzed and ex-post versus ex-ante risk figures are compared. The author then proceeds to modern portfolio theory (MPT) and illustrates how the constraints interfere substantially in the construction of optimized portfolios. As a conclusion, the book provides the reader with all the essential aspects of investment controlling.

"About this title" may belong to another edition of this title.

Publisher
Springer
Publication date
2015
Language
English
ISBN 10 
3319198114
ISBN 13 
9783319198118
Binding
Hardcover
Edition number
2
Number of pages
218

Other Popular Editions of the Same Title

9783319345253: Portfolio Analytics: An Introduction to Return and Risk Measurement (Springer Texts in Business and Economics)

Featured Edition

ISBN 10:  3319345257 ISBN 13:  9783319345253
Publisher: Springer, 2016
Softcover