Contacto
Cómo comprar
Entrega
Guía de compras
Use of Risk Budgets in Portfolio Optimization
Inglés
139 b
Hasta 30 días para devoluciones
Clientes que también han comprado
/
Tapa blanda
13.59
€
Risk budgeting models set risk diversification as objective in portfolio allocation and are mainly promoted from the asset management industry. Albina Unger examines the portfolios based on different risk measures in several aspects from the academic perspective (Utility, Performance, Risk, Different Market Phases, Robustness, and Factor Exposures) to investigate the use of these models for asset allocation. Beside the risk budgeting models, alternatives of risk-based investment styles are also presented and examined. The results show that equalizing the risk across the assets does not prevent losses, especially in crisis periods and the performance can mainly be explained by exposures to known asset pricing factors. Thus, the advantages of these approaches compared to known minimum risk portfolios are doubtful.
Sobre el libro
Inglés
Regale este libro hoy
Es fácil
1 Añadir al carrito y elegir Entregar como regalo en el checkout 2 Le enviaremos un vale 3 El libro llegará a la dirección del destinatarioTambién puede interesarle
/
Tapa blanda
14.99
€
/
Tapa blanda
10.69
€
/
Tapa dura
112.79
€
/
Tapa blanda
22.99
€
¡Hola! Soy Libroamiko, tu asesor de libros.
¿Cómo puedo ayudarte?