- Sold out
/https://libri-media.knygos-static.lt/b80fee30-6bc6-4f3c-839b-fad6dc9beca0/2)
- Author: Wolfgang Marty
- Publisher: Springer-Verlag GmbH
- Year: 2014
- ISBN: 9783319035093
- ISBN-10: 3319035096
- ISBN-13: 9783319035093
- Format: PDF
- Language: English
Reviews
Description
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.
- Author: Wolfgang Marty
- Publisher: Springer-Verlag GmbH
- Year: 2014
- ISBN: 9783319035093
- ISBN-10: 3319035096
- ISBN-13: 9783319035093
- Format: PDF
- Language: English English
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.
Reviews