Pricing Risk and Performance Measurement in Practice

Pricing  Risk  and Performance Measurement in Practice
Author: Wolfgang Schwerdt,Marcelle von Wendland
Publsiher: Academic Press
Total Pages: 398
Release: 2009-10-22
ISBN 10: 9780080923048
ISBN 13: 0080923046
Language: EN, FR, DE, ES & NL

Pricing Risk and Performance Measurement in Practice Book Review:

How can managers increase their ability to calculate price and risk data for financial instruments while decreasing their dependence on a myriad of specific instrument variants? Wolfgang Schwerdt and Marcelle von Wendland created a simple and consistent way to handle and process large amounts of complex financial data. By means of a practical framework, their approach analyzes market and credit risk exposure of financial instruments and portfolios and calculates risk adjusted performance measures. Its emphasis on standardization yields significant improvements in speed and accuracy. Schwerdt and von Wendland's focus on practical implementation directly addresses limitations imposed by the complex and costly processing time required for advanced risk management models and pricing hundreds of thousands of securities each day. Their many examples and programming codes demonstrate how to use standards to build financial instruments, how to price them, and how to measure the risk and performance of the portfolios that include them. Feature: The authors have designed and implemented a standard for the description of financial instruments Benefit: The reader can rely on accurate and valid information about describing financial instruments Feature: The authors have developed an approach for pricing and analyzing any financial instrument using a limited set of atomic instruments Benefit: The reader can use these instruments to define and set up even very large numbers of financial instruments. Feature: The book builds a practical framework for analysing the market and credit risk exposure of financial instruments and portfolios Benefit: Readers can use this framework today in their work and identify and measure market and credit risk using a reliable method.

Outlines and Highlights for Pricing Risk and Performance Measurement in Practice

Outlines and Highlights for Pricing  Risk  and Performance Measurement in Practice
Author: Cram101 Textbook Reviews
Publsiher: Academic Internet Pub Incorporated
Total Pages: 152
Release: 2010-12-01
ISBN 10: 9781617443077
ISBN 13: 1617443077
Language: EN, FR, DE, ES & NL

Outlines and Highlights for Pricing Risk and Performance Measurement in Practice Book Review:

Never HIGHLIGHT a Book Again! Virtually all of the testable terms, concepts, persons, places, and events from the textbook are included. Cram101 Just the FACTS101 studyguides give all of the outlines, highlights, notes, and quizzes for your textbook with optional online comprehensive practice tests. Only Cram101 is Textbook Specific. Accompanys: 9780123745217 .

Practical Risk adjusted Performance Measurement

Practical Risk adjusted Performance Measurement
Author: Carl R. Bacon
Publsiher: John Wiley & Sons
Total Pages: 320
Release: 2021-12-01
ISBN 10: 1119838843
ISBN 13: 9781119838845
Language: EN, FR, DE, ES & NL

Practical Risk adjusted Performance Measurement Book Review:

Explore different measures of ex-post risk-adjusted performance measurement and learn to choose the correct one In the newly revised Second Edition of Practical Risk-Adjusted Performance Measurement, accomplished risk and investment expert Carl R. Bacon delivers an insightful, accessible, and real-world guide to ex-post risk measurement. The author bridges the gap between theory and practice, showing you how to apply the former to the latter without introducing unnecessary mathematical complexity. The book describes the fundamentals of risk in the asset management context and the descriptive statistics used to describe it. It builds on that foundation with detailed examinations of concepts like regression, drawdown, and partial moments, before moving on to topics like fixed income risk and Prospect Theory. With helpful additions that include recently developed measures of risk, supplementary explanatory sections, and six brand-new chapters, this book also offers: A practical classification of all ex-post risk measures and how they connect to one another An explanation of how risk-adjusted performance measures impact performance fees A discussion of risk measure dashboard designs Instructions on how appraisal measures should be used for manager selection Perfect for portfolio managers, asset owners, risk controllers, and investment performance analysts, Practical Risk-Adjusted Performance Measurement is an indispensable resource for anyone looking for a hands-on exploration of the buy-side, asset management perspective.

Trend Following with Managed Futures

Trend Following with Managed Futures
Author: Alex Greyserman,Kathryn Kaminski
Publsiher: John Wiley & Sons
Total Pages: 464
Release: 2014-08-26
ISBN 10: 1118891023
ISBN 13: 9781118891025
Language: EN, FR, DE, ES & NL

Trend Following with Managed Futures Book Review:

An all-inclusive guide to trend following As more and more savvy investors move into the space, trend following has become one of the most popular investment strategies. Written for investors and investment managers, Trend Following with Managed Futures offers an insightful overview of both the basics and theoretical foundations for trend following. The book also includes in-depth coverage of more advanced technical aspects of systematic trend following. The book examines relevant topics such as: Trend following as an alternative asset class Benchmarking and factor decomposition Applications for trend following in an investment portfolio And many more By focusing on the investor perspective, Trend Following with Managed Futures is a groundbreaking and invaluable resource for anyone interested in modern systematic trend following.

Business Performance Measurement

Business Performance Measurement
Author: Andy Neely
Publsiher: Cambridge University Press
Total Pages: 386
Release: 2002-03-07
ISBN 10: 9780521803427
ISBN 13: 052180342X
Language: EN, FR, DE, ES & NL

Business Performance Measurement Book Review:

A multidisciplinary book on performance measurement that will appeal to students, researchers and managers.

ACCA Paper P5 Advanced Performance Management Practice and revision kit

ACCA Paper P5   Advanced Performance Management Practice and revision kit
Author: BPP Learning Media
Publsiher: BPP Learning Media
Total Pages: 601
Release: 2013-01-01
ISBN 10: 1445369583
ISBN 13: 9781445369587
Language: EN, FR, DE, ES & NL

ACCA Paper P5 Advanced Performance Management Practice and revision kit Book Review:

The examiner-reviewed P5 Practice and Revision Kit provides invaluable guidance on how to approach the exam and contains past ACCA exam questions for you to try. The examiner has emphasised that simply understanding the advantages and disadvantages of different performance management approaches will not be sufficient to pass the exam. You must apply specific knowledge to the scenarios in the exam questions. The questions in the Practice and Revision Kit reflect the scenario-based questions you will find on the exam.

Risk Management in General Dental Practice

Risk Management in General Dental Practice
Author: Raj Rattan,John Tiernan
Publsiher: Quintessenz Verlag
Total Pages: 164
Release: 2019-09-03
ISBN 10: 1850973334
ISBN 13: 9781850973331
Language: EN, FR, DE, ES & NL

Risk Management in General Dental Practice Book Review:

The need for an effective risk-management strategy for the dental profession has never been greater as dentists face the dual challenges of regulation and legislation and cope with the heightened expectations of an informed public. This book explores the many facets of risk management, including consent, ethical issues, effective communication, complaint resolution, and risk assessment.

Approaches to Enterprise Risk Management

Approaches to Enterprise Risk Management
Author: Bloomsbury Publishing
Publsiher: Bloomsbury Publishing
Total Pages: 240
Release: 2010-07-01
ISBN 10: 1849300275
ISBN 13: 9781849300278
Language: EN, FR, DE, ES & NL

Approaches to Enterprise Risk Management Book Review:

Approaches to Enterprise Risk Management is a multi-author book written by leading experts in the field of risk management including Aswath Damodoran, John C. Groth and David Shimko. It is a valuable tool that enables you to assess the potential business threats, both from within your organization and from external sources. It comprises over 25 chapters covering the range of risks your organization might face including financial, strategic, operational risks. It offers you over 20 practical step-by-step guides on the required steps to cope with any detrimental event that could impact on your company's financial health. There are also a range of checklists including Balancing Hedging Objectives with Accounting Rules (FAS 133) , Creating a Risk Register, What Is Forensic Auditing? And Managing and Auditing the Risk of Business Interruption, Captive Insurance Companies: How to Reduce Your Costs, Hedging Credit Risk-Case Studies and Strategies.

The Practice of Supply Chain Management Where Theory and Application Converge

The Practice of Supply Chain Management  Where Theory and Application Converge
Author: Terry P. Harrison,Hau L. Lee,John J. Neale
Publsiher: Springer Science & Business Media
Total Pages: 356
Release: 2006-04-11
ISBN 10: 0387272755
ISBN 13: 9780387272757
Language: EN, FR, DE, ES & NL

The Practice of Supply Chain Management Where Theory and Application Converge Book Review:

For over a decade, there has been an increasing interest in the use of supply chain methods to improve performance across the entire business enterprise. Numerous industries have recognized the importance of efficient supply chain integration, and, as a result, supply chain management has become a standard part of business practice. The Practice of Supply Chain Management: Where Theory and Application Converge is a must-have volume for users of supply chain management methods, supply chain management researchers, and students in supply chain management. The objective of the book is to provide an overview of this important practice-research cycle, and it is organized into three sections: Core Concepts and Practices; Emerging Supply Chain Practices; and Supply Chain in Action. The focus of the book is on supply chain practice, but supply chain practice that has been heavily influenced by supply chain research. It is this synergy between research and practice that continues to simulate new directions for research.

Advanced Financial Risk Management

Advanced Financial Risk Management
Author: Donald R. Van Deventer,Kenji Imai,Mark Mesler
Publsiher: John Wiley & Sons
Total Pages: 350
Release: 2013-02-06
ISBN 10: 1118278550
ISBN 13: 9781118278550
Language: EN, FR, DE, ES & NL

Advanced Financial Risk Management Book Review:

Practical tools and advice for managing financial risk, updated for a post-crisis world Advanced Financial Risk Management bridges the gap between the idealized assumptions used for risk valuation and the realities that must be reflected in management actions. It explains, in detailed yet easy-to-understand terms, the analytics of these issues from A to Z, and lays out a comprehensive strategy for risk management measurement, objectives, and hedging techniques that apply to all types of institutions. Written by experienced risk managers, the book covers everything from the basics of present value, forward rates, and interest rate compounding to the wide variety of alternative term structure models. Revised and updated with lessons from the 2007-2010 financial crisis, Advanced Financial Risk Management outlines a framework for fully integrated risk management. Credit risk, market risk, asset and liability management, and performance measurement have historically been thought of as separate disciplines, but recent developments in financial theory and computer science now allow these views of risk to be analyzed on a more integrated basis. The book presents a performance measurement approach that goes far beyond traditional capital allocation techniques to measure risk-adjusted shareholder value creation, and supplements this strategic view of integrated risk with step-by-step tools and techniques for constructing a risk management system that achieves these objectives. Practical tools for managing risk in the financial world Updated to include the most recent events that have influenced risk management Topics covered include the basics of present value, forward rates, and interest rate compounding; American vs. European fixed income options; default probability models; prepayment models; mortality models; and alternatives to the Vasicek model Comprehensive and in-depth, Advanced Financial Risk Management is an essential resource for anyone working in the financial field.

Approaches to Enterprise Risk Management

Approaches to Enterprise Risk Management
Author: Various Authors
Publsiher: A&C Black
Total Pages: 240
Release: 2010-07-01
ISBN 10: 1849300038
ISBN 13: 9781849300032
Language: EN, FR, DE, ES & NL

Approaches to Enterprise Risk Management Book Review:

Best practice solutions from the world's leading experts in risk management.

Performance Measurement in Finance

Performance Measurement in Finance
Author: John Knight
Publsiher: Elsevier
Total Pages: 365
Release: 2002-07-10
ISBN 10: 0080497632
ISBN 13: 9780080497631
Language: EN, FR, DE, ES & NL

Performance Measurement in Finance Book Review:

The distinction between out-performance of an Investment fund or plan manager vs rewards for taking risks is at the heart of all discussions on Investment fund performance measurement of fund managers. This issue is not always well-understood and the notion of risk adjusting performance is not universally accepted. Performance Measurement in Finance addresses this central issue. The topics covered include evaluation of investment fund management, evaluation of the investment fund itself, and stock selection performance. The book also surveys and critiques existing methodologies of performance measurement and covers new innovative approaches to performance measurement. The contributors to the text include both academics and practitioners providing comprehensive coverage of the topic areas. Performance Measurement in Finance is all about how to effectively measure financial performance of the fund manager and investment house managers, what measures need to be put in place and technically what works and what doesn't. It covers risk, and what's acceptable and what isn't, how, in short, to manage risk. Includes practical information to enable Investment/Portfolio Managers to understand and evaluate fund managers, the funds themselves, and Investment firms Provides a full overview of the topic as well as in-depth technical analysis

Contracts Performance Measurements and Accountability in the Public Sector

Contracts  Performance Measurements  and Accountability in the Public Sector
Author: Gavin Drewry,Carsten Greve,Thierry Tanquerel
Publsiher: IOS Press
Total Pages: 200
Release: 2005
ISBN 10: 9781586034962
ISBN 13: 1586034960
Language: EN, FR, DE, ES & NL

Contracts Performance Measurements and Accountability in the Public Sector Book Review:

This book addresses issues to do with public accountability, audit and performance measurement that are both highly topical and of crucial importance to the theory and practice of public administration in an era of contractualized public management. The literature on public sector contracting - covering both 'hard' agreements (ones that are legally enforceable) and 'soft' agreements (enforced by negotiation and mutual trust) - has been growing for some time and the present book adds a primarily European perspective on contracting, performance-based management and accountability. One important aspect of this study is its recognition that those responsible for monitoring public services, and holding them to account, have had - to an increasing extent - to reconcile tensions between, on the one hand, the need for strong oversight and, on the other, the encouragement of innovation and risk in an increasingly competitive and entrepreneurial public service culture. Following an introductory overview by the three editors the book is in three parts.The first part deals with the theory and practice of performance measurement and evaluation; the second part provides a series of specific case studies of audit and accountability in a variety of countries and contexts; the third part offers some wider, cross-cutting perspectives. Based on the work of the EGPA permanent study group on the history of contractualization, Contracts, Performance Measurement and Accountability in the Public Sector draws upon the wide expertise and research interests of academics and practitioners from the United Kingdom, Denmark, Switzerland, Belgium, Sweden and the USA.

Thailand

Thailand
Author: International Monetary Fund. Monetary and Capital Markets Department
Publsiher: International Monetary Fund
Total Pages: 258
Release: 2019-10-24
ISBN 10: 1513517597
ISBN 13: 9781513517599
Language: EN, FR, DE, ES & NL

Thailand Book Review:

This Detailed Assessment of Observance on the Basel Core Principles (BCP) for effective banking supervision on Thailand highlights that there have been significant enhancements to the legal framework and the supervisory process since the last BCP review, resulting in high compliance. The commercial banking sector appears to be sound and stable with a diversified lending profile and a steady source of funding. The involvement of other ministerial authorities in Specialized Financial Institutions supervision may affect standard-setting processes and the mindset of key decision makers for commercial banks when trying to level regulatory standards. The supervisory framework and practices provide the foundation for the continued development of risk-based supervision. Notifications and examination manuals increasingly focus on analysis of qualitative factors such as governance, risk management and risk appetite statements to determine the bank’s composite rating. The report recommends that efficiency of enforcement actions would be increased by aligning Financial Institutions Business Act requirements and Bank of Thailand internal practices.

Streetwise

Streetwise
Author: Peter L. Bernstein,Frank J. Fabozzi
Publsiher: Princeton University Press
Total Pages: 340
Release: 1998-02-08
ISBN 10: 9780691011288
ISBN 13: 0691011281
Language: EN, FR, DE, ES & NL

Streetwise Book Review:

Economist and money manager Peter Bernstein sought to encourage this exchange when, in 1974, he founded The Journal of Portfolio Management (JPM).

Performance Measurement and Management Control

Performance Measurement and Management Control
Author: Antonio Davila,Marc J. Epstein,Jean-Francois Manzoni
Publsiher: Emerald Group Publishing
Total Pages: 504
Release: 2012-06-08
ISBN 10: 1780529104
ISBN 13: 9781780529103
Language: EN, FR, DE, ES & NL

Performance Measurement and Management Control Book Review:

In addition to the three plenary sessions, this volume contains some of the exemplary papers that were presented at the 2011 conference; representing a collection of leading research in management control and performance measurement and providing a significant contribution to the growing literature in the area.

Performance Evaluation and Beyond

Performance Evaluation and Beyond
Author: Wade D. Cook
Publsiher: Unknown
Total Pages: 381
Release: 2006
ISBN 10: 1928374650XXX
ISBN 13: STANFORD:36105123127776
Language: EN, FR, DE, ES & NL

Performance Evaluation and Beyond Book Review:

ACCA Paper P4 Advanced Financial Management Practice and revision kit

ACCA Paper P4   Advanced Financial Management Practice and revision kit
Author: BPP Learning Media
Publsiher: BPP Learning Media
Total Pages: 505
Release: 2013-01-01
ISBN 10: 1445369575
ISBN 13: 9781445369570
Language: EN, FR, DE, ES & NL

ACCA Paper P4 Advanced Financial Management Practice and revision kit Book Review:

The examiner-reviewed P4 Practice & Revision Kit provides invaluable guidance on how to approach the exam. Questions are grouped by key topic areas and integrated where appropriate. Three mock examinations provide ample opportunity to practise questions and marking schemes show you how the examiner awards marks.

Risk Management for Central Banks and Other Public Investors

Risk Management for Central Banks and Other Public Investors
Author: Ulrich Bindseil,Fernando Gonzalez,Evangelos Tabakis
Publsiher: Cambridge University Press
Total Pages: 514
Release: 2009-01-15
ISBN 10: 0521518563
ISBN 13: 9780521518567
Language: EN, FR, DE, ES & NL

Risk Management for Central Banks and Other Public Investors Book Review:

A survey of the fundamental issues and techniques surrounding risk management.

Performance Measurement and Management Control

Performance Measurement and Management Control
Author: Marc J. Epstein,Frank H. M. Verbeeten,Sally K. Widener
Publsiher: Emerald Group Publishing
Total Pages: 272
Release: 2018-09-07
ISBN 10: 1787564711
ISBN 13: 9781787564718
Language: EN, FR, DE, ES & NL

Performance Measurement and Management Control Book Review:

This volume contains exemplary papers that were presented at the 2017 Conference on Performance Measurement and Management Control in Nice, France, by researchers in the field from North America, South America, Africa, Europe, and Asia.