Quantitative Equity Portfolio Management: Modern Techniques and Applications (Chapman and Hall/CRC Financial Mathematics Series)
| Author | : | |
| Rating | : | 4.43 (575 Votes) |
| Asin | : | 1584885580 |
| Format Type | : | paperback |
| Number of Pages | : | 464 Pages |
| Publish Date | : | 2017-02-16 |
| Language | : | English |
DESCRIPTION:
It brings together rigorous derivation and practical insight across the complete spectrum of topics needed for an intelligent investment process. This is a must-have addition to the bookshelf of professional portfolio managers and students of portfolio management alike. -Li Jin, Assistant Professor of Finance, Harvard Business School, Boston, Massachusetts, USAQuantitative Equity Portfolio Management sets a new standard for comprehensive assessments of quantitative techniques. The authors are expert, proven practitioners of the art and active researchers in the field, and have provided an essential handbook covering both theory and many practical implementation issues not available in existing books. With rigorous mathematica
Ideal for students in computational and quantitative finance programs, Quantitative Equity Portfolio Management serves as a guide to combat many common modeling issues and provides a rich understanding of portfolio management using mathematical analysis.. Providing a solid foundation in the subject, Quantitative Equity Portfolio Management: Modern Techniques and Applications presents a self-contained overview and a detailed mathematical treatment of various topics.From the theoretical basis of behavior finance to recently developed techniques, the authors review quantitative investment strategies and factors that are commonly used in practi
advance "quant" book - update: 5 stars Lijun Shi Update after 1 month of reading:(1) intially rated 4 stars, should be 5 stars (Good books are hard to find, language factor is minor)(2) A serious Quant reader can gain a lot of insights from this book.(3) Some of the discussions are way better than the other QEPM book(by Chincarini & Kim ). Although, this is half of the thickness.(4) you need to be good with Linear Algebra. It is so much fun to see the authors use Linear equations to solve almost everything.Short summary:(1) Some advanced math background is needed (Linear Algebra mostly)(2) Modern investment ideas are presented clearly.(3) "Quant" book(4). "Printing issues" according to Ian McDonald. The book itself is a clear explanation of the cross sectional approach to forecasting and portfolio construction, primarily applied to equities. The overall level of the book is both informative and mathematically straightforward, a good guide to a research framework. It covers somewhat similar ground as Grinold and Kahn, but from more of a cross-sectional as opposed to time series perspective. Both viewpoints have value, but this text feels more fleshed out and clear than GK. It is hard to argue against getting this book if you are interested in the field.My gripe is that the book itself has numerous typo. Vasileios Malafouris said A Useful Manual for ("Active") Portfolio Managers. This book provides a nice introduction to Quantitative Equity Portfolio Management. The Math is simple even for undergraduate students with basic knowledge of algebra, calculus and statistics - econometrics.It is an A-Z approach.The authors cover the fundamentals of Modern Portfolio Theory.They describe in detail the various indices / criteria active managers use in the design, optimization and control of ("alpha") portfolio optimization models and in performance attribution.They cover the topic of factor models in full detail. I really liked the various results that are reported concerning the performnce
PanAgora Asset Management, Boston, Massachusetts, USA PanAgora Asset Management, Boston, Massachusetts, USA PanAgora Asset Management, Boston, Massachusetts, USA