In answer to the intense development of new financial products and the increasing complexity of portfolio management theory, Portfolio Optimization and Performa

This groundbreaking book extends traditional approaches of risk measurement and portfolio optimization by combining distributional models with risk or performan

In spite of theoretical benefits, Markowitz mean-variance (MV) optimized portfolios often fail to meet practical investment goals of marketability, usability, a

Just how successful is that investment? Measuring portfolio performance requires evaluation (measuring portfolio results against benchmarks) and attribution (de

Praise for Investment Manager Analysis "This is a book that should have been written years ago. It provides a practical, thorough, and completely objective meth