國立虎尾科技大學 |

Risk-Based Approaches to Asset Allocation = Concepts and Practical Applications /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Risk-Based Approaches to Asset Allocation/ by Maria Debora Braga.
其他題名:	Concepts and Practical Applications /
作者:	Braga, Maria Debora.
面頁冊數:	VIII, 99 p. 20 illus., 2 illus. in color.online resource. :
Contained By:	Springer Nature eBook
標題:	Finance. -
電子資源:	https://doi.org/10.1007/978-3-319-24382-5
ISBN:	9783319243825

Risk-Based Approaches to Asset Allocation = Concepts and Practical Applications /
Braga, Maria Debora.

Risk-Based Approaches to Asset AllocationConcepts and Practical Applications /[electronic resource] :by Maria Debora Braga. - 1st ed. 2016. - VIII, 99 p. 20 illus., 2 illus. in color.online resource. - SpringerBriefs in Finance,2193-1720. - SpringerBriefs in Finance,.

Introduction -- The Traditional Approach to Asset Allocation.- Risk-Based Approaches to Asset Allocation: The Case for Risk Parity -- The Different Risk-Based Approaches to Asset Allocation -- Application of the Risk-Based Approaches to Asset Allocation -- Appendix. .

This book focuses on the concepts and applications of risk-based asset allocation. Markowitz’s traditional approach to asset allocation suffers from serious drawbacks when implemented. These mainly arise from the estimation risk associated with the necessary input the most critical being expected returns. With the financial crisis, there has been an increasing interest in asset allocation approaches that don’t need expected returns as input, known as risk-based approaches. The book provides an analysis of the different solutions that fit this description: the equal-weighting approach, the global minimum-variance approach, the most diversified portfolio approach and the risk parity approach. In addition to a theoretical discussion of these, it presents practical applications in different investment environments. Three different evaluation dimensions are considered to put these approaches to the test: financial efficiency, diversification and portfolio stability.

ISBN: 9783319243825

Standard No.: 10.1007/978-3-319-24382-5doiSubjects--Topical Terms:

559073
Finance.

LC Class. No.: HG1-9999

Dewey Class. No.: 332

Risk-Based Approaches to Asset Allocation = Concepts and Practical Applications /
LDR:02635nam a22003975i 4500 001 977773
003 DE-He213
005 20200706015040.0
007 cr nn 008mamaa
008 201211s2016 gw | s |||| 0|eng d
020 $a 9783319243825 $9 978-3-319-24382-5
024 7 $a 10.1007/978-3-319-24382-5 $2 doi
035 $a 978-3-319-24382-5
050 4 $a HG1-9999
072 7 $a KFF $2 bicssc
072 7 $a BUS027000 $2 bisacsh
072 7 $a KFF $2 thema
082 0 4 $a 332 $2 23
100 1 $a Braga, Maria Debora. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1102421
245 1 0 $a Risk-Based Approaches to Asset Allocation $h [electronic resource] : $b Concepts and Practical Applications / $c by Maria Debora Braga.
250 $a 1st ed. 2016.
264 1 $a Cham : $b Springer International Publishing : $b Imprint: Springer, $c 2016.
300 $a VIII, 99 p. 20 illus., 2 illus. in color. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
490 1 $a SpringerBriefs in Finance, $x 2193-1720
505 0 $a Introduction -- The Traditional Approach to Asset Allocation.- Risk-Based Approaches to Asset Allocation: The Case for Risk Parity -- The Different Risk-Based Approaches to Asset Allocation -- Application of the Risk-Based Approaches to Asset Allocation -- Appendix. .
520 $a This book focuses on the concepts and applications of risk-based asset allocation. Markowitz’s traditional approach to asset allocation suffers from serious drawbacks when implemented. These mainly arise from the estimation risk associated with the necessary input the most critical being expected returns. With the financial crisis, there has been an increasing interest in asset allocation approaches that don’t need expected returns as input, known as risk-based approaches. The book provides an analysis of the different solutions that fit this description: the equal-weighting approach, the global minimum-variance approach, the most diversified portfolio approach and the risk parity approach. In addition to a theoretical discussion of these, it presents practical applications in different investment environments. Three different evaluation dimensions are considered to put these approaches to the test: financial efficiency, diversification and portfolio stability.
650 0 $a Finance. $3 559073
650 0 $a Macroeconomics. $3 554837
650 0 $a Management. $3 558618
650 1 4 $a Finance, general. $3 1069041
650 2 4 $a Macroeconomics/Monetary Economics//Financial Economics. $3 1069052
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9783319243801
776 0 8 $i Printed edition: $z 9783319243818
830 0 $a SpringerBriefs in Finance, $x 2193-1720 $3 1262812
856 4 0 $u https://doi.org/10.1007/978-3-319-24382-5
912 $a ZDB-2-ECF
912 $a ZDB-2-SXEF
950 $a Economics and Finance (SpringerNature-41170)
950 $a Economics and Finance (R0) (SpringerNature-43720)