Description
Unlock the foundations of effective investment with 'Strategic Risk Management: Designing Portfolios and Managing Risk.' Authored by industry experts Campbell R. Harvey, Sandy Rattray, and Otto Van Hemert, this essential guide explores vital concepts in modern risk management following the upheaval of the global pandemic. This 256-page book, published by John Wiley & Sons in 2021, provides a revolutionary framework for integrating risk management with portfolio design—a process often overlooked in traditional asset management practices.
Discover cutting-edge strategies for mitigating risk while maximizing returns. Learn how to identify defensive strategies, implement drawdown risk controls, utilize volatility targeting, and make precise timing decisions for rebalancing trades. The authors illustrate their innovative approach, supported by real-world insights from leading hedge funds, showcasing its effectiveness during recent market volatility.
Enhance your financial acumen as you delve into the flaws of conventional risk weighting methods and gain a comprehensive understanding of evaluating defensive strategies' costs. This indispensable resource is ideal for professionals in the asset management field who seek to navigate the complexities of strategic risk management effectively.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled. Condition: BRAND NEW | ISBN: 9781119773917 | Year: 2021 | Publisher: John Wiley & Sons Inc (US) | Pages: 256.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9781119773917
Year: 2021
Publisher: John Wiley & Sons Inc (US)
Pages: 256
Description:
STRATEGIC RISK MANAGEMENT
Having just experienced a global pandemic that sent equity markets into a tailspin in March 2020, risk management is a more relevant topic than ever. It remains, however, an often poorly understood afterthought. Many portfolios are designed without any thought given to risk management before they are handed off to a dedicated?but separate?risk management team.
In Strategic Risk Management: Designing Portfolios and Managing Risk, Campbell R. Harvey, Sandy Rattray, and Otto Van Hemert deliver a reimagining of the risk management process. The book envisions a marriage between the investment and risk processes, an approach that has proven successful at the world?s largest publicly listed hedge fund, Man Group.
The authors provide readers with a new framework for portfolio design that includes defensive strategies, drawdown risk controls, volatility targeting, and actively timing rebalancing trades. You will learn about how the book?s new approach to risk management fared during the recent market drawdown at the height of the COVID-19 pandemic. You will also discover why the traditional risk weighting approach only works on certain classes of assets.
The book shows you how to accurately evaluate the costs of defensive strategies and which ones offer the best and most cost-effective protection against market downturns. Finally, you will learn how to obtain a more balanced return stream by targeting volatility rather than a constant notional exposure and gain a deeper understanding of concepts like portfolio rebalancing.
Perfect for people working in the asset management industry and financial
Discover cutting-edge strategies for mitigating risk while maximizing returns. Learn how to identify defensive strategies, implement drawdown risk controls, utilize volatility targeting, and make precise timing decisions for rebalancing trades. The authors illustrate their innovative approach, supported by real-world insights from leading hedge funds, showcasing its effectiveness during recent market volatility.
Enhance your financial acumen as you delve into the flaws of conventional risk weighting methods and gain a comprehensive understanding of evaluating defensive strategies' costs. This indispensable resource is ideal for professionals in the asset management field who seek to navigate the complexities of strategic risk management effectively.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled. Condition: BRAND NEW | ISBN: 9781119773917 | Year: 2021 | Publisher: John Wiley & Sons Inc (US) | Pages: 256.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9781119773917
Year: 2021
Publisher: John Wiley & Sons Inc (US)
Pages: 256
Description:
STRATEGIC RISK MANAGEMENT
Having just experienced a global pandemic that sent equity markets into a tailspin in March 2020, risk management is a more relevant topic than ever. It remains, however, an often poorly understood afterthought. Many portfolios are designed without any thought given to risk management before they are handed off to a dedicated?but separate?risk management team.
In Strategic Risk Management: Designing Portfolios and Managing Risk, Campbell R. Harvey, Sandy Rattray, and Otto Van Hemert deliver a reimagining of the risk management process. The book envisions a marriage between the investment and risk processes, an approach that has proven successful at the world?s largest publicly listed hedge fund, Man Group.
The authors provide readers with a new framework for portfolio design that includes defensive strategies, drawdown risk controls, volatility targeting, and actively timing rebalancing trades. You will learn about how the book?s new approach to risk management fared during the recent market drawdown at the height of the COVID-19 pandemic. You will also discover why the traditional risk weighting approach only works on certain classes of assets.
The book shows you how to accurately evaluate the costs of defensive strategies and which ones offer the best and most cost-effective protection against market downturns. Finally, you will learn how to obtain a more balanced return stream by targeting volatility rather than a constant notional exposure and gain a deeper understanding of concepts like portfolio rebalancing.
Perfect for people working in the asset management industry and financial