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Bond Portfolio Optimization
Michael Puhle
€ 108.84
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Description for Bond Portfolio Optimization
Paperback. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 154 pages, 36 black & white tables, biography. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 10. Weight in Grams: 248.
1 The tools of modern portfolio theory are in general use in the equity markets, either in the form of portfolio optimization software or as an accepted frame- 2 work in which the asset managers think about stock selection. In the ?xed income market on the other hand, these tools seem irrelevant or inapplicable. Bond portfolios are nowadays mainly managed by a comparison of portfolio 3 4 risk measures vis ¶a vis a benchmark. The portfolio manager’s views about the future evolution of the term structure of interest rates translate th- selves directly into a positioning relative to his benchmark, ... Read more
1 The tools of modern portfolio theory are in general use in the equity markets, either in the form of portfolio optimization software or as an accepted frame- 2 work in which the asset managers think about stock selection. In the ?xed income market on the other hand, these tools seem irrelevant or inapplicable. Bond portfolios are nowadays mainly managed by a comparison of portfolio 3 4 risk measures vis ¶a vis a benchmark. The portfolio manager’s views about the future evolution of the term structure of interest rates translate th- selves directly into a positioning relative to his benchmark, ... Read more
Product Details
Format
Paperback
Publication date
2008
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
154
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
140
Place of Publication
Berlin, Germany
ISBN
9783540765929
SKU
V9783540765929
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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