Portfolio analytics : an introduction to return and risk measurement /
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 e...
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| Main Author: | |
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| Format: | eBook |
| Language: | English |
| Published: |
Cham
Springer International Publishing Imprint: Springer,
2013.
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| Series: | Springer Texts in Business and Economics,
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| Subjects: | |
| Online Access: | Click here to view the full text content |
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| Summary: | 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. |
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| Physical Description: | 1 online resource (xii, 200 pages) 53 illustrations, 14 illustrations in colour |
| ISBN: | 9783319035093 |
| ISSN: | 2192-4333 |