Applied Asset and Risk Management PDF ePub eBook

Books Info:

Applied Asset and Risk Management free pdf This book is a guide to asset and risk management from a practical point of view. It is centered around two questions triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory they should not? - How do investors deal with such crises in terms of their risk measurement and management and as a consequence, what are the implications for the chosen investment strategies? The book presents and discusses two different approaches to finance and investing, i.e., modern portfolio theory and behavioral finance, and provides an overview of stock market anomalies and historical crashes. It is intended to serve as a comprehensive introduction to asset and risk management for bachelor's and master's students in this field as well as for young professionals in the asset management industry. A key part of this book is the exercises to further demonstrate the concepts presented with examples and a step-by-step business case. An Excel file with the calculations and solutions for all 17 examples as well as all business case calculations can be downloaded at

About Marcus Schulmerich

Dr. Marcus Schulmerich, CFA, FRM, is global portfolio strategist for actively managed quantitative equity portfolios and hedge funds in Europe, Middle East and Africa at State Street Global Advisors (SSgA), one of the largest institutional asset managers worldwide. Before joining SSgA in 2006 he was senior product manager at PIMCO for many years and senior risk manager at Commerzbank. Dr. Schulmerich holds a Bachelor and Master of Mathematics from the University of Mainz, where he studied mathematics, physics and business administration. He earned an MBA degree at the M.I.T. Sloan School of Management and a doctoral degree in financial engineering at the European Business School (EBS). In 2011 he founded Pecundus (, a company that provides training services to industry professionals. Dr. Schulmerich is a frequent conference speaker on topics of asset and risk management, behavioral finance, financial engineering and alternative investments. He is the author of various books and lecturer at the EBS. Yves-Michel Leporcher obtained his Bachelor of International Trade and Foreign Affairs from Toulouse University and his Master of Banking and Financial Markets from Toulouse Business School. He worked at Societe Generale as middle office analyst where he dealt with a wide spectrum of financial products and trading strategies. At Banque Populaire Caisse d'Epargne, he assisted in the implementation of a secure online payment system. He also worked for State Street Global Advisors as intern in product engineering, focusing on behavioral finance. Currently, Mr. Leporcher works for the French investment bank Credit Agricole CIB as a computer engineer in an informatics global support team. He identifies, monitors and manages firm-wide operational risks and takes part in the continuous improvement of the reporting processes and the front end and back end reporting software. Ching-Hwa Eu, Ph.D., is senior quant risk manager at Deutsche Bank within the market risk management team. His work focuses on model validation in the asset classes interest rates and foreign exchange rates and includes tests of the Deutsche Bank front office pricing library, especially for stress scenarios, the implementation of appropriate tests for the model of a product. The testing also involves the implementation and development of an independent pricing library which the model validators use as a benchmark for the front office pricing tool. Ching-Hwa Eu holds a Master of Mathematics from the Technische Universitat Munchen (University of Technology, Munich), where he studied mathematics and physics and earned his Ph.D. in Mathematics at the Massachusetts Institute of Technology (M.I.T). He has passed all three CFA exams within 3 years and has published extensively in various mathematical journals.

Details Book

Author : Marcus Schulmerich
Publisher : Springer-Verlag Berlin and Heidelberg GmbH
Data Published : 22 October 2014
ISBN : 3642554431
EAN : 9783642554438
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 476 pages
Age + : 15 years
Language : English
Rating :

Reviews Applied Asset and Risk Management

17 Comments Add a comment

Related eBooks Download

  • Practical Risk-Adjusted Performance Measurement (Wiley Finance free pdfPractical Risk-Adjusted Performance Measurement (Wiley Finance

    A practitioner's guide to ex-post performance measurement techniquesRisk within asset management firms has an undeserved reputation for being an overly complex. mathematical subject. This book simplifies the subject and demonstrates with practical examples that risk is perfectly straightforward and not as complicated as it might seem..

  • Portfolio Theory and Risk Management free pdfPortfolio Theory and Risk Management

    With its emphasis on examples. exercises and calculations. this book suits advanced undergraduates as well as postgraduates and practitioners. It provides a clear treatment of the scope and limitations of mean-variance portfolio theory and introduces popular modern risk measures..

  • Introduction to Stock Portfolio Management free pdfIntroduction to Stock Portfolio Management

    Emphasizing the need for knowledge of modern finance theory in portfolio management. this text explains why theory should precede mathematics when it comes to money management. It presents key concepts underlying portfolio management theory..

  • Managing Downside Risk in Financial Markets free pdfManaging Downside Risk in Financial Markets

    Quantitative methods have revolutionized the area of trading. regulation. risk management. portfolio construction. asset pricing and treasury activities. and governmental activity such as central banking to name but some of the applications..

  • Auditing the Risk Management Process free pdfAuditing the Risk Management Process

    Target risk in your organization. Risk management is now a part of mainstream corporate life that touches all aspects of every type of organization. Auditors must now focus firmly on risk: risk to the business..

  • Applied Asset and Risk Management free pdfApplied Asset and Risk Management

    . This book is a guide to asset and risk management from a practical point of view. It is centered around two questions triggered by the global events on the stock markets since the middle of the last