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Finding Alpha: The Search for Alpha When Risk and Return Break Down - Couverture rigide

Falkenstein, Eric

 
9780470445907: Finding Alpha: The Search for Alpha When Risk and Return Break Down
Couverture rigide
ISBN 10 : 0470445904 ISBN 13 : 9780470445907
Editeur : John Wiley & Sons Ltd, 2009

Synopsis

An innovative guide to finding alpha in a world where risk usually does not correlate with higher returns Finding Alpha is a practical guide to achieving alpha when conventional measures of risk rarely correlate with higher returns. To start, author Eric Falkenstein--a PhD who has also been a risk manager and portfolio manager--walks readers through the Capital Asset Pricing Model (CAPM), as well as other well-documented theories about risk and return, and explores how these theories measure up to current empirical evidence being documented by researchers and academics. Rounding out the discussion, Falkenstein outlines prominent real examples of alpha in finance, and how the search for alpha affects the day-to-day life of all finance professionals. Eric Falkenstein, PhD (Eden Prairie, MN), developed RiskCalc TM, the world's leading scoring tool for evaluating private firm default risk, while at Moody's Risk Management Services.

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À propos de l'auteur

Eric Falkenstein, PhD , developed the RiskCalcTM, the world's leading scoring tool for evaluating private firm default risk, while at Moody's Risk Management Services. The celebrated tool is used by banks worldwide, as well as by regulators and Moody's own CDO group. He was head of capital allocations and quantitative modeling at KeyCorp prior to joining Moody's and later was with Deephaven Capital Management where he developed and managed a long/short equity strategy. Between 1996 and 2002, Falkenstein formed his own investment company, the Falken Fund, which had returns of 16.0% versus 3.8% for the S&P500. His hedge fund activities are ongoing and, by law, proprietary. He is a consultant and a member of CapRock Advisors LLC, a hedge fund advisor.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
John Wiley & Sons Ltd
Date d'édition
2009
Langue
anglais
ISBN 10 
0470445904
ISBN 13 
9780470445907
Reliure
Relié
Numéro d'édition
1
Nombre de pages
298
Coordonnées du fabricant
non disponible
Personne responsable
non disponible