Suchergebnisse

This title provides a detailed discussion of public real estate markets and investments in a global context, along with a synthesis of important, recent, and relevant research studies in a straightforward manner. It also describes the subprime mortgage crisis. The book has three sections: foundations of public real estate; public debt markets and investments especially mortgage markets and mortgage-backed securities; public equity markets and investments.

Given the complex and challenging world of investing, what chance do individuals have navigating the financial minefield and emerging unscathed? Not much, unless they become knowledgeable about investment fundamentals, recognize and correct their mistakes and behavioral biases, and avoid traps strewn along their path. "Investment Traps Exposed" guides investors past such potential pitfalls as pyramid and Ponzi schemes to help them become more financially successful. "Investment Traps Exposed" helps investors and advisors increase their awareness about the external and internal traps that they or their clients can encounter. Baker and Puttonen not only examine common mistakes, assumptions and deceptions that can ensnare investors, affect sound judgment, and reduce wealth but also delve into how to recognize and avoid these errors. The authors present practical advice and real-world examples in a user-friendly manner, and also nudge investors to stay on the right course to mitigate misbehaving

Acknowledgments -- About the editors -- About the contributors -- Abbreviations -- Introduction -- Hedge fund fundamentals / H. Kent Baker and Greg Filbeck -- The economics of hedge funds / Shantanu Dutta, Arup Ganguly, and Lin Ge -- The life cycle of hedge funds : a new perspective / Mila Getmansky and Rachel (Kyungyeon) Koh -- Characteristics of successful hedge fund managers / Ashrafee T. Hossain, Samir Saadi, and Maxim Treff -- Structure of hedge fund -- Hedge fund organization / Douglas Cumming, Na Dai, and Sofia Johan -- Hedge fund governance / Lamia Chourou, Ashrafee T. Hossain, and Samir Saadi -- Activist hedge funds / Tony Calenda, Chris Milliken, and Andrew C. Spieler -- The tax framework of hedge funds / François-Serve Lhabitant and Michel Brocard -- Compensation and incentives in hedge funds / Garrett C. C. Smith and Gaurav Gupta -- Off shore hedge funds / Roberto J. Santillán-Salgado and Juan José García-Santos -- Investment strategies of hedge funds -- Directional equity strategies of hedge funds / Oreste Auleta and Filippo Stefanini -- Event driven hedge fund strategies / Caroline Farrelly and François-Serge Lhabitant -- Global derivatives hedge fund strategies / Christopher Barnes, Ehsan Nikbakht, and Andrew C. Spieler -- Relative value hedge funds strategies / George Dikanorov, Joseph McBride, and Andrew C. Spieler -- Multi-strategy hedge funds / Paul-Henri Bayart-De-Germont and Daniel Capocci -- Risks and regulation -- Risk measurement and management for hedge funds / Guillaume Weisang -- Hedge funds and systemic risk / Wulf A. Kaal and Timothy A. Krause -- Operational risk management for hedge funds / Claus Huber and Daniel Imfeld -- Hedge fund due diligence / Jason Scharfman -- Hedge fund regulation / Wulf A. Kaal and Dale Oesterle -- Hedge fund performance -- Issues in hedge fund research / Thuy Bui and Abhishek Ganguly -- Hedge fund pricing / David Hampton -- Evaluating hedge fund performance / David M. Smith -- Financial crises and evaporating diversification benefits of hedge funds / Monica Billio and Loriana Pelizzon -- Hedge fund replication / Paul Lajbcygier and Mikhail Tupitsyn -- Hedge funds and performance persisitence / Nan Qin and Ying Wang -- Benchmark and bias in hedge funds / Jeffrey S. Smith, Kenneth Small, and Phillip Njoroge -- Style analysis and consistency / William R. McCumber and Jyotsaana Parajuli -- Issues, trends, and future prospects of hedge funds -- Current hedge fund debates and controversies / Dianna Preece -- Trends and future prospects of hedge funds / Hunter M. Holzhauer -- Discussion questions and answers -- Index

Investor Behavior provides readers with a comprehensive understanding and the latest research in the area of behavioral finance and investor decision making. Blending contributions from noted academics and experienced practitioners, this 30-chapter book will provide investment professionals with insights on how to understand and manage client behavior; a framework for interpreting financial market activity; and an in-depth understanding of this important new field of investment research. The book should also be of interest to academics, investors, and students. The book will co.

Acknowledgments -- Portfolio theory and management : an overview / H. Kent Baker and Greg Filbeck -- Portfolio theory and asset pricing -- Modern portfolio theory / Eric Jacquier -- Asset pricing theories, models, and tests / Nikolay Gospodinov and Cesare Robotti -- Asset pricing and behavioral finance / Hersh Shefrin -- The investment policy statement and fiduciary duties -- Assessing risk tolerance / Sherman D. Hanna, Michael A. Guillemette, and Michael S. Finke -- Private wealth management / Dianna Preece -- Institutional wealth management / Eric J. Robbins -- Fiduciary duties and responsibilities of portfolio managers / Remus D. Valsan and Moin A. Yahya -- Asset allocation and portfolio construction -- The role of asset allocation in the investment decision-making process/ james l. farrell, jr -- Asset allocation models / J. Clay Singleton -- Preference models in portfolio construction and evaluation / Massimo Guidolin -- Portfolio construction with downside risk / Harald Lohre, Thorsten Neumann, and Thomas Winterfeldt -- Asset allocation with downside risk management / Joshua M. Davis and Sebastien Page -- Alternative investments / Lars Helge Hass, Denis Schweizer, Juliane Proelss -- Risk management -- Measuring and managing market risk / Christoph Kaserer -- Measuring and managing credit and other risks / Gabriele Sabato -- Portfolio execution, monitoring, and rebalancing -- Trading strategies, portfolio monitoring, and rebalancing / Ricardo Cesari and Massimiliano Marzo -- Effective trade execution / Ricardo Cesari, Massimiliano Marzo, and Paolo Zagalia -- Market timing methods and results / Panagiotis Schizas -- Evaluating and reporting portfolio performance -- Evaluating portfolio performance : reconciling asset selection and market timing / Arnaud Cavé, Georges Hübner, and Thomas Lejeune -- Benchmarking / Abraham Lioui and Patrice Poncet -- Attribution analysis / Nanne Brunia and Auke Plantinga -- Equity investment styles / Andrew Mason -- Use of derivatives / Matthieu Leblanc -- Performance presentation / Timothy P. Ryan -- Special topics -- Exchange traded funds: the success story of the last two decades / Gerasimos G. Rompotis -- The past, present, and future of hedge funds / Roland Füss and Sarah Müller -- Portfolio and risk management for private equity fund investments / Niklas Wagner and Axel Buchner -- Venture capital / Paschal Gantenbein, Reto Forrer, and Nils Herold -- Socially responsible investing / Hunter Holzhauer