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Real Estate Investment And Finance - Strategies, Structures, Decisions

by Andrew E. (University Of Reading) Baum e David (University Of North Carolina) Hartzell

73,00€ + 10% CARD

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The Business Of Venture Capital - The Art Of Raising A Fund, Structuring Investments, Portfolio Management, And Exits

by Mahendra Ramsinghani

106,80€ + 10% CARD

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 "This book addresses the entire spectrum of investing and is focused toward seed and early-stage venture investments. Raising a fund, sourcing and investing, and exits are interlinked aspects of the VC business. After reading the insights of various practitioners, aspirants will be able to appreciate the intricacies of the venture capital business and have a stronger understanding of the basics"--
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Financial Planning & Analysis And Performance Management

by Jack (Babson College; Rider University; Indiana University Of Pennsylvania) Alexander

74,35€ + 10% CARD

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 Critical insights for savvy financial analysts Financial Planning & Analysis and Performance Management is the essential desk reference for CFOs, FP&A professionals, investment banking professionals, and equity research analysts.
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Value Investing - From Graham To Buffett And Beyond

by Bruce C. (Columbia University, Ny) Greenwald, Erin (Bucknell University; University Of Pennsylvania) Bellissimo, Judd (University Of California, Berkeley) Kahn, Mark A. (Columbia University, Ny) Cooper e Tano (University Of Chicago) Santos

39,20€ + 10% CARD

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 * A second edition to the classic and widely popular Value Investing, which was hailed as better than Benjamin Graham s 1950, The Intelligent Investor.

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Strategic Risk Management - Designing Portfolios And Managing Risk

by Campbell R. Harvey, Otto Van Hemert e Sandy Rattray

35,78€ + 10% CARD

 STRATEGIC RISK MANAGEMENT Having just experienced a global pandemic that sent equity markets into a tailspin in March 2020, risk management is a more relevant topic than ever. It remains, however, an often poorly understood afterthought. Many portfolios are designed without any thought given to risk management before they are handed off to a dedicated—but separate—risk management team.In Strategic Risk Management: Designing Portfolios and Managing Risk, Campbell R. Harvey, Sandy Rattray, and Otto Van Hemert deliver a reimagining of the risk management process. The book envisions a marriage between the investment and risk processes, an approach that has proven successful at the world’s largest publicly listed hedge fund, Man Group.The authors provide readers with a new framework for portfolio design that includes defensive strategies, drawdown risk controls, volatility targeting, and actively timing rebalancing trades. You will learn about how the book’s new approach to risk management fared during the recent market drawdown at the height of the COVID-19 pandemic. You will also discover why the traditional risk weighting approach only works on certain classes of assets.The book shows you how to accurately evaluate the costs of defensive strategies and which ones offer the best and most cost-effective protection against market downturns. Finally, you will learn how to obtain a more balanced return stream by targeting volatility rather than a constant notional exposure and gain a deeper understanding of concepts like portfolio rebalancing.Perfect for people working in the asset management industry and financial policy makers, Strategic Risk Management: Designing Portfolios and Managing Risk will also earn a place in the libraries of economics and finance scholars, as well as casual readers who take an active approach to investing in their savings or pension assets.PRAISE FOR STRATEGIC RISK MANAGEMENT"Strategic Risk Management shows how to fully embed risk management into the portfolio management process as an equal partner to alpha. This should clearly be best practice for all asset managers." —Jase Auby, Chief Investment Officer, the Teacher Retirement System of Texas"This book shows the power of integrating risk and investment management, rather than applying risk management as an afterthought to satisfy set limits. I was pleased to shepherd some of the key ideas in this book through the publication process at The Journal of Portfolio Management." —Frank J. Fabozzi, Editor, The Journal of Portfolio Management"Financial markets today are quite different from those of the last century. Understanding leverage, correlations, tails, and other risk parameters of a portfolio is at least as important as work on signals and alpha. In that sense, bringing risk management from ‘control’ to ‘front office’ should be a priority for asset managers. This book explains how to do it." —Marko Kolanovic, Chief Global Market Strategist, J.P. MorganA powerful new approach to risk management in volatile and uncertain marketsWhile the COVID-19 pandemic threw the importance of effective risk management into sharp relief, many investment firms hang on to a traditional and outdated model of risk management. Using siloed and independent portfolio management and risk monitoring teams, these firms miss out on the opportunities presented by integrated risk management.Strategic Risk Management: Designing Portfolios and Managing Risk delivers a fresh approach to risk management in difficult market conditions. The accomplished author team advocates for the amalgamation of portfolio design and risk mon...
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Behavioral Finance And Your Portfolio - A Navigation Guide For Building Wealth

by Michael M. Pompian

25,16€ + 10% CARD

 Become a more strategic and successful investor by identifying the biases impacting your decision making. In Behavioral Finance and Your Portfolio, acclaimed investment advisor and author Michael M. Pompian delivers an insightful and thorough guide to countering the negative effect of cognitive and behavioral biases on your financial decisions. You’ll learn about the "Big Five" behavioral biases and how they’re reducing your returns and leading to unwanted and unnecessary costs in your portfolio. Designed for investors who are serious about maximizing their gains, in this book you’ll discover how to: Take control of your decision-making—even when challenging markets push greed and fear to intolerable levels Reflect on how to make investment decisions using data-backed and substantiated information instead of emotion and bias Counter deep-seated biases like loss aversion, hindsight and overconfidence with self-awareness and hard facts Identify your personal investment psychology profile, which you can use to inform your future financial decision making Behavioral Finance and Your Portfolio was created for individual investors, but will also earn a place in the libraries of financial advisors, planners and portfolio managers who are determined to counteract the less principled and data-driven aspects of their decision making.
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Artificial Intelligence For Asset Management And Investment - A Strategic Perspective

by Al Naqvi

50,34€ + 10% CARD

 Make AI technology the backbone of your organization to compete in the Fintech era The rise of artificial intelligence is nothing short of a technological revolution. AI is poised to completely transform asset management and investment banking, yet its current application within the financial sector is limited and fragmented. Existing AI implementations tend to solve very narrow business issues, rather than serving as a powerful tech framework for next-generation finance. Artificial Intelligence for Asset Management and Investment provides a strategic viewpoint on how AI can be comprehensively integrated within investment finance, leading to evolved performance in compliance, management, customer service, and beyond. No other book on the market takes such a wide-ranging approach to using AI in asset management. With this guide, you ll be able to build an asset management firm from the ground up or revolutionize your existing firm using artificial intelligence as the cornerstone and foundation. This is a must, because AI is quickly growing to be the single competitive factor for financial firms. With better AI comes better results. If you aren t integrating AI in the strategic DNA of your firm, you re at risk of being left behind. See how artificial intelligence can form the cornerstone of an integrated, strategic asset management framework Learn how to build AI into your organization to remain competitive in the world of Fintech Go beyond siloed AI implementations to reap even greater benefits Understand and overcome the governance and leadership challenges inherent in AI strategy Until now, it has been prohibitively difficult to map the high-tech world of AI onto complex and ever-changing financial markets. Artificial Intelligence for Asset Management and Investment makes this difficulty a thing of the past, providing you with a professional and accessible framework for setting up and running artificial intelligence in your financial operations.
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Business Of Venture Capital - The Art Of Raising A Fund, Structuring Investments, Portfolio Management, And Exits

by Mahendra Ramsinghani

104,68€ + 10% CARD

 "This book addresses the entire spectrum of investing and is focused toward seed and early-stage venture investments. Raising a fund, sourcing and investing, and exits are interlinked aspects of the VC business. After reading the insights of various practitioners, aspirants will be able to appreciate the intricacies of the venture capital business and have a stronger understanding of the basics"--
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Fixed Income Trading And Risk Management - The Complete Guide

by Alexander During

75,53€ + 10% CARD

 A unique, authoritative, and comprehensive treatment of fixed income markets Fixed Income Trading and Risk Management: The Complete Guide delivers a comprehensive and innovative exposition of fixed income markets. Written by European Central Bank portfolio manager Alexander During, this book takes a practical view of how several different national fixed income markets operate in detail. The book presents common theoretical models but adds a lot of information on the actually observed behavior of real markets. You’ll benefit from the book’s: <ul> <li>Fulsome overview of money, credit, and monetary policy</li> <li>Description of cash instruments, inflation-linked debt, and credit claims</li> <li>Analysis of derivative instruments, standard trading strategies, and data analysis</li> <li>In-depth focus on risk management in fixed income markets</li> </ul> Perfect for new and junior staff in financial institutions working in sales and trading, risk management, back office operations, and portfolio management positions, Fixed Income Trading and Risk Management also belongs on the bookshelves of research analysts and postgraduate students in finance, economics, or MBA programs.
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Perturbation Methods In Credit Derivatives - Strategies For Efficient Risk Management

by Colin Turfus

83,48€ + 10% CARD

 Stress-test financial models and price credit instruments with confidence and efficiency using the perturbation approach taught in this expert volume Perturbation Methods in Credit Derivatives: Strategies for Efficient Risk Management offers an incisive examination of a new approach to pricing credit-contingent financial instruments. Author and experienced financial engineer Dr. Colin Turfus has created an approach that allows model validators to perform rapid benchmarking of risk and pricing models while making the most efficient use possible of computing resources. The book provides innumerable benefits to a wide range of quantitative financial experts attempting to comply with increasingly burdensome regulatory stress-testing requirements, including: <ul> <li>Replacing time-consuming Monte Carlo simulations with faster, simpler pricing algorithms for front-office quants</li> <li>Allowing CVA quants to quantify the impact of counterparty risk, including wrong-way correlation risk, more efficiently</li> <li>Developing more efficient algorithms for generating stress scenarios for market risk quants</li> <li>Obtaining more intuitive analytic pricing formulae which offer a clearer intuition of the important relationships among market parameters, modelling assumptions and trade/portfolio characteristics for traders</li> </ul> The methods comprehensively taught in Perturbation Methods in Credit Derivatives also apply to CVA/DVA calculations and contingent credit default swap pricing.
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Value Investing - From Graham To Buffett And Beyond

by Bruce C. Greenwald, Erin Bellissimo, Judd Kahn, Mark A. Cooper e Tano Santos

22,51€ + 10% CARD

 Explore the modern extension of value investing in this essential text from "the guru to Wall Street’s gurus" The substantially rewritten Second Edition of Value Investing: From Graham to Buffett and Beyond delivers an incisive and refined approach to investing grounded on almost 100 years of history, beginning with Graham and Dodd. Founded on the value investing course taught for almost twenty-five years by co-author Bruce Greenwald at Columbia Business School, the book helps investors consistently land on the profitable side of the trade. Readers will learn how to search for underpriced securities, value them accurately, hone a research strategy, and apply it all in the context of a risk management practice that mitigates the chance of a permanent loss of capital. The new edition includes: <ul> <li>Two innovative new chapters discussing the valuation of growth stocks, a perennial problem for investors in the Graham and Dodd tradition</li> <li>New profiles of successful investors, including Tom Russo, Paul Hilal, and Andrew Weiss</li> <li>An extended discussion of risk management, including modern best practices in an environment where it is often divorced from individual security selection</li> </ul> A substantive expansion of an already highly regarded book, Value Investing: From Graham to Buffett and Beyond is the premier text discussing the application of timeless investing principles within a transformed economic environment. It is an essential resource for portfolio managers, retail and institutional investors, and anyone else with a professional or personal interest in securities valuation and investing. Successful value investing practitioners have graced both the course and this book with presentations describing what they really do when they are at work. Find brief descriptions of their practices within, and video presentations available on the web site that accompanies this volume: www.wiley.com/go/greenwald/valueinvesting2e
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Project Finance - Applications And Insights To Emerging Markets Infrastructure

by Paul D. Clifford

66,25€ + 10% CARD

 "This book covers the fundamental principles of applying project finance structuring to emerging markets, supported by seminal emerging market case studies"--
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Real Estate Investment And Finance - Strategies, Structures, Decisions

by Andrew E. Baum e David Hartzell

71,55€ + 10% CARD

 The fully revised and updated version of the leading textbook on real estate investment, emphasising real estate cycles and the availability and flow of global capital Real Estate Investment remains the most influential textbook on the subject, used in top-tier colleges and universities worldwide. Its unique, practical perspective on international real estate investment focusses on real-world techniques which measure, benchmark, forecast and manage property investments as an asset class. The text examines global property markets and real estate cycles, outlines market fundamentals and explains asset pricing and portfolio theory in the context of real estate. In the years since the text’s first publication, conditions in global real estate markets have changed considerably following the financial crisis of 2008-2009. Real estate asset prices have increased past pre-crisis levels, signalling a general market recovery. Previously scarce debt and equity capital is now abundant, while many institutions once averse to acquiring property are re-entering the markets. The latest edition - extensively revised and updated to address current market trends and practices as well as reflect feedback from instructors and students - features new content on real estate development, improved practical examples, expanded case studies and more. This seminal textbook: <ul> <li>Emphasises practical solutions to real investing problems rather than complex theory</li> <li>Offers substantial new and revised content throughout the text</li> <li>Covers topics such as valuation, leasing, mortgages, real estate funds, underwriting and private and public equity real estate</li> <li>Features up-to-date sections on performance measurement, real estate debt markets and building and managing real estate portfolios</li> <li>Includes access to a re-designed companion website containing numerous problems and solutions, presentation slides and additional instructor and student resources</li> </ul> Written by internationally-recognised experts in capital management and institutional property investing strategies, Real Estate Investment, Second Edition: Strategies, Structures, Decisions is an indispensable textbook for instructors and students of real estate fund management, investment management and investment banking, as well as a valuable reference text for analysts, researchers, investment managers, investment bankers and asset managers.
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Valuation Workbook - Step-By-Step Exercises And Tests To Help You Master Valuation

by Mckinsey & Company Inc.

51,68€ + 10% CARD

 A vital companion to the bestselling guide to corporate valuation Valuation Workbook, 7th Edition is the ideal companion to McKinsey's Valuation, helping you get a handle on difficult concepts and calculations before using them in the real world. This workbook reviews all things valuation, with chapter-by-chapter summaries and comprehensive questions and answers that allow you to test your knowledge and skills. Useful both in the classroom and for self-study, this must-have guide is essential for reviewing and applying the renowned McKinsey & Company approach to valuation and reinforces the major topics discussed in detail in the book. Fully updated to align with the latest edition of Valuation, this workbook is an invaluable learning tool for students and professionals alike and an essential part of the McKinsey Valuation suite.
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Trading Fixed Income And Fx In Emerging Markets - A Practitioner''S Guide

by Dirk Willer, Kenneth Lam e Ram Bala Chandran

83,48€ + 10% CARD

 A practitioner''s guide to finding alpha in fixed income trading in emerging markets Emerging fixed income markets are both large and fast growing. China, currently the second largest economy in the world, is predicted to overtake the United States by 2030. Chinese fixed income markets are worth more than $11 trillion USD and are being added to global fixed income indices starting in 2019. Access for foreigners to the Indian fixed income market, valued at almost 1trn USD, is also becoming easier - a trend repeated in emerging markets around the world. The move to include large Emerging Market (EM) fixed income markets into non-EM benchmarks requires non-EM specialists to understand EM fixed income. Trading Fixed Income in Emerging Markets examines the principle drivers for EM fixed income investing. This timely guide suggests a more systematic approach to EM fixed income trading with a focus on practical trading rules on how to generate alpha, assisting EM practitioners to limit market-share losses to passive investment vehicles. The definitive text on trading EM fixed income, this book is heavily data-driven - every trading rule is thoroughly back-tested over the last 10+ years. Case studies help readers identify and benefit from market regularities, while discussions of the business cycle and typical EM events inform and optimise trading strategies. Topics include portfolio construction, how to apply ESG principles to EM and the future of EM investing in the realm of Big Data and machine learning. Written by practitioners for practitioners, this book: <ul> <li>Provides effective, immediately-accessible tools</li> <li>Covers all three fixed income asset classes: EMFX, EM local rates and EM credit</li> <li>Thoroughly analyses the impact of the global macro cycle on EM investing</li> <li>Examines the influence of the financial rise of China and its fixed income markets</li> <li>Includes case studies of trades that illustrate how markets typically behave in certain situations </li> </ul> The first book of its kind, Trading Fixed Income in Emerging Markets: A Practitioner’s Guide is an indispensable resource for EM fund managers, analysts and strategists, sell-side professionals in EM and non-EM specialists considering activity in emerging markets.
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Equity Markets, Valuation, And Analysis

by Greg Filbeck, H. Kent Baker e Halil Kiymaz

99,38€ + 10% CARD

 Sharpen your understanding of the financial markets with this incisive volume Equity Markets, Valuation, and Analysis brings together many of the leading practitioner and academic voices in finance to produce a comprehensive and empirical examination of equity markets. Masterfully written and edited by experts in the field, Equity Markets, Valuation, and Analysis introduces the basic concepts and applications that govern the area before moving on to increasingly intricate treatments of sub-fields and market trends. The book includes in-depth coverage of subjects including: The latest trends and research from across the globe The controversial issues facing the field of valuation and the future outlook for the field Empirical evidence and research on equity markets How investment professionals analyze and manage equity portfolios This book balances its comprehensive discussion of the empirical foundations of equity markets with the perspectives of financial experts. It is ideal for professional investors, financial analysts, and undergraduate and graduate students in finance.
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Early Stage Valuation - A Fair Value Perspective

by Antonella Puca

90,10€ + 10% CARD

 Addresses significant developments in the valuation of early stage enterprises at fair value with emphasis on practical applications—features a broad selection of case studies of early stage valuation Early Stage Valuation: A Fair Value Perspective provides a comprehensive review of the current methodologies used to value Early Stage Enterprises (ESEs) at fair value for financial reporting, investment, and mergers and acquisitions. Author Antonella Puca, Senior Director with Alvarez & Marsal Valuation Services in New York, provides accurate, up-to-date information on recent guidelines and new approaches for valuation assessments. This authoritative guide examines how to apply market analysis, discounted cash flows models, statistical techniques such as option pricing models (OPM) and Monte Carlo simulation, the venture capital method and non-GAAP metrics to ESE valuation. The text considers the most recent AICPA, Appraisal Foundation and IPEV guidance, and examines developments in both academic research and venture capital investor practice. Numerous real-world case studies illustrate early stage valuation suitable for structuring sound, internally consistent business transactions. Covering current trends and the latest regulatory guidance in the area, this book: <ul> <li>Provides step-by-step guidance on practical valuation applications</li> <li>Reflects current standards for ESE valuation, including the AICPA Guide to the Valuation of Portfolio Company Investments, the IPEV guidelines and guidance from the Appraisal Foundation</li> <li>Covers new approaches to the valuation of ESEs with option pricing models, Monte Carlo Simulation, calibration and non-GAAP metrics</li> <li>Offers an overview of start-up valuation</li> <li>Discusses how intangible assets are impacting the valuation of ESEs</li> </ul> The book also includes contributions from Neil Beaton, Andreas Dal Santo, Alexander Davie, John Jackman and Mark Zyla. Early Stage Valuation: A Fair Value Perspective is an essential resource for valuation specialists, private equity and venture capital fund managers, analysts, attorneys, investment bankers, regulators and auditors, and investors with interest in the private equity and venture capital industry.
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Valuation - Measuring And Managing The Value Of Companies, University Edition

by David Wessels, Marc Goedhart e Tim Koller

90,10€ + 10% CARD

 McKinsey & Company's bestselling guide to teaching corporate valuation - the fully updated seventh edition Valuation: Measuring and Managing the Value of Companies, University Edition is filled with the expert guidance from McKinsey & Company that students and professors have come to rely on for over nearly three decades. Now in its seventh edition, this acclaimed volume continues to help financial professionals and students around the world gain a deep understanding of valuation and help their companies create, manage, and maximize economic value for their shareholders.This latest edition has been carefully revised and updated throughout, and includes new insights on topics such as digital, ESG (environmental, social and governance), and long-term investing, as well as fresh case studies. For thirty years, Valuation has remained true to its basic principles and continues to offer a step-by-step approach to teaching valuation fundamentals, including: Analyzing historical performance Forecasting performance Estimating the cost of capital Interpreting the results of a valuation in context Linking a company's valuation multiples to core performance drivers The University Edition contains end-of-chapter review questions to help students master key concepts from the book. Wiley also offers an Online Instructor's Manual with a full suite of learning resources to complement valuation classroom instruction.
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Valuation - Measuring And Managing The Value Of Companies

by David Wessels, Marc Goedhart e Tim Koller

104,68€ + 10% CARD

 McKinsey & Company''s #1 best-selling guide to corporate valuation—the fully updated seventh edition Valuation has been the foremost resource for measuring company value for nearly three decades. Now in its seventh edition, this acclaimed volume continues to help financial professionals around the world gain a deep understanding of valuation and help their companies create, manage, and maximize economic value for their shareholders. This latest edition has been carefully revised and updated throughout, and includes new insights on topics such as digital, ESG (environmental, social and governance), and long-term investing, as well as fresh case studies. Clear, accessible chapters cover the fundamental principles of value creation, analyzing and forecasting performance, capital structure and dividends, valuing high-growth companies, and much more. The Financial Times calls the book "one of the practitioners’ best guides to valuation." This book: <ul> <li>Provides complete, detailed guidance on every crucial aspect of corporate valuation</li> <li>Explains the strategies, techniques, and nuances of valuation every manager needs to know</li> <li>Covers both core and advanced valuation techniques and management strategies</li> <li>Features/Includes a companion website that covers key issues in valuation, including videos, discussions of trending topics, and real-world valuation examples from the capital markets</li> </ul> For over 90 years, McKinsey & Company has helped corporations and organizations make substantial and lasting improvements in their performance. Through seven editions and 30 years, Valuation: Measuring and Managing the Value of Companies, has served as the definitive reference for finance professionals, including investment bankers, financial analysts, CFOs and corporate managers, venture capitalists, and students and instructors in all areas of finance.
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Xva Challenge - Counterparty Risk, Funding, Collateral, Capital And Initial Margin

by Jon Gregory

100,70€ + 10% CARD

 A thoroughly updated and expanded edition of the xVA challenge The period since the global financial crisis has seen a major re-appraisal of derivatives valuation, generally expressed in the form of valuation adjustments (‘xVAs’). The quantification of xVA is now seen as fundamental to derivatives pricing and valuation. The xVA topic has been complicated and further broadened by accounting standards and regulation. All users of derivatives need to have a good understanding of the implications of xVA. The pricing and valuation of the different xVA terms has become a much studied topic and many aspects are in constant debate both in industry and academia. <ul> <li>Discussing counterparty credit risk in detail, including the many risk mitigants, and how this leads to the different xVA terms</li> <li>Explains why banks have undertaken a dramatic reappraisal of the assumptions they make when pricing, valuing and managing derivatives</li> <li>Covers what the industry generally means by xVA and how it is used by banks, financial institutions and end-users of derivatives</li> <li>Explains all of the underlying regulatory capital (e.g. SA-CCR, SA-CVA) and liquidity requirements (NSFR and LCR) and their impact on xVA</li> <li>Underscores why banks have realised the significant impact that funding costs, collateral effects and capital charges have on valuation</li> <li>Explains how the evolution of accounting standards to cover CVA, DVA, FVA and potentially other valuation adjustments</li> <li>Explains all of the valuation adjustments - CVA, DVA, FVA, ColVA, MVA and KVA - in detail and how they fit together</li> <li>Covers quantification of xVA terms by discussing modelling and implementation aspects.</li> </ul> Taking into account the nature of the underlying market dynamics and new regulatory environment, this book brings readers up to speed on the latest developments on the topic.
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Modern Asset Allocation For Wealth Management

by David M. Berns

41,06€ + 10% CARD

 An authoritative resource for the wealth management industry that bridges the gap between modern perspectives on asset allocation and practical implementation An advanced yet practical dive into the world of asset allocation, Modern Asset Allocation for Wealth Management provides the knowledge financial advisors and their robo-advisor counterparts need to reclaim ownership of the asset allocation component of their fiduciary responsibility. Wealth management practitioners are commonly taught the traditional mean-variance approach in CFA and similar curricula, a method with increasingly limited applicability given the evolution of investment products and our understanding of real-world client preferences. Additionally, financial advisors and researchers typically receive little to no training on how to implement a robust asset allocation framework, a conceptually simple yet practically very challenging task. This timely book offers professional wealth managers and researchers an up-to-date and implementable toolset for managing client portfolios. The information presented in this book far exceeds the basic models and heuristics most commonly used today, presenting advances in asset allocation that have been isolated to academic and institutional portfolio management settings until now, while simultaneously providing a clear framework that advisors can immediately deploy. This rigorous manuscript covers all aspects of creating client portfolios: setting client risk preferences, deciding which assets to include in the portfolio mix, forecasting future asset performance, and running an optimization to set a final allocation. An important resource for all wealth management fiduciaries, this book enables readers to: Implement a rigorous yet streamlined asset allocation framework that they can stand behind with conviction Deploy both neo-classical and behavioral elements of client preferences to more accurately establish a client risk profile Incorporate client financial goals into the asset allocation process systematically and precisely with a simple balance sheet model Create a systematic framework for justifying which assets should be included in client portfolios Build capital market assumptions from historical data via a statistically sound and intuitive process Run optimization methods that respect complex client preferences and real-world asset characteristics Modern Asset Allocation for Wealth Management is ideal for practicing financial advisors and researchers in both traditional and robo-advisor settings, as well as advanced undergraduate and graduate courses on asset allocation.
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Introduction To Private Equity, Debt And Real Assets - From Venture Capital To Lbo, Senior To Distressed Debt, Immaterial To Fixed Assets

by Cyril Demaria

64,93€ + 10% CARD

 Fully revised and updated to reflect changes in the private equity sector Building on and refining the content of previous editions, Introduction to Private Equity, Debt and Real Assets, Third Edition adopts the same logical, systematic, factual and long-term perspective on private markets (private equity, private debt and private real assets) combining academic rigour with extensive practical experience. The content has been fully revised to reflect developments and innovations in private markets, exploring new strategies, changes in structuring and the drive of new regulations. New sections have been added, covering fund raising and fund analysis, portfolio construction and risk measurement, as well as liquidity and start-up analysis. In addition, private debt and private real assets are given greater focus, with two new chapters analysing the current state of these evolving sectors. • Reflects the dramatic changes that have affected the private market industry, which is evolving rapidly, internationalizing and maturing fast • Provides a clear, synthetic and critical perspective of the industry from a professional who has worked at many levels within the industry • Approaches the private markets sector top-down, to provide a sense of its evolution and how the current situation has been built • Details the interrelations between investors, funds, fund managers and entrepreneurs This book provides a balanced perspective on the corporate governance challenges affecting the industry and draws perspectives on the evolution of the sector.
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Ai And The Future Of Banking

by Tony Boobier

98,05€ + 10% CARD

 An industry-specific guide to the applications of Advanced Analytics and AI to the banking industry Artificial Intelligence (AI) technologies help organisations to get smarter and more effective over time - ultimately responding to, learning from and interacting with human voices. It is predicted that by 2025, half of all businesses will be using these intelligent, self-learning systems. Across its entire breadth and depth, the banking industry is at the forefront of investigating Advanced Analytics and AI technology for use in a broad range of applications, such as customer analytics and providing wealth advice for clients. AI and the Future of Banking provides new and established banking industry professionals with the essential information on the implications of data and analytics on their roles, responsibilities and personal career development. Unlike existing books on the subject which tend to be overly technical and complex, this accessible, reader-friendly guide is designed to be easily understood by any banking professional with limited or no IT background. Chapters focus on practical guidance on the use of analytics to improve operational effectiveness, customer retention and finance and risk management. Theory and published case studies are clearly explained, whilst considerations such as operating costs, regulation and market saturation are discussed in real-world context. Written by a recognised expert in AI and Advanced Analytics, this book: <ul> <li>Explores the numerous applications for Advanced Analytics and AI in various areas of banking and finance</li> <li>Offers advice on the most effective ways to integrate AI into existing bank ecosystems</li> <li>Suggests alternative and complementary visions for the future of banking, addressing issues like branch transformation, new models of universal banking and ‘debranding’</li> <li>Explains the concept of ‘Open Banking,’ which securely shares information without needing to reveal passwords</li> <li>Addresses the development of leadership relative to AI adoption in the banking industry</li> </ul> AI and the Future of Banking is an informative and up-to-date resource for bank executives and managers, new entrants to the banking industry, financial technology and financial services practitioners and students in postgraduate finance and banking courses.
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Project Finance - Applications And Insights To Emerging Markets Infrastructure

by Paul D. Clifford

67,59€ + 10% CARD

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 "This book covers the fundamental principles of applying project finance structuring to emerging markets, supported by seminal emerging market case studies"--
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