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Investment & securities

See below for a selection of the latest books from Investment & securities category. Presented with a red border are the Investment & securities books that have been lovingly read and reviewed by the experts at Lovereading. With expert reading recommendations made by people with a passion for books and some unique features Lovereading will help you find great Investment & securities books and those from many more genres to read that will keep you inspired and entertained. And it's all free!

Finding Alphas A Quantitative Approach to Building Trading Strategies

Finding Alphas A Quantitative Approach to Building Trading Strategies

Author: Igor Tulchinsky Format: Hardback Release Date: 27/09/2019

Discover the ins and outs of designing predictive trading models Drawing on the expertise of WorldQuant's global network, this new edition of Finding Alphas: A Quantitative Approach to Building Trading Strategies contains significant changes and updates to the original material, with new and updated data and examples. Nine chapters have been added about alphas - models used to make predictions regarding the prices of financial instruments. The new chapters cover topics including alpha correlation, controlling biases, exchange-traded funds, event-driven investing, index alphas, intraday data in alpha research, intraday trading, machine learning, and the triple axis plan for identifying alphas. You'll also find details of how to use WebSim, WorldQuant's web-based simulation platform, to test your alphas. - Provides more references to the academic literature - Includes new, high-quality material - Organizes content in a practical and easy-to-follow manner - Adds new alpha examples with formulas and explanations If you're looking for the latest information on building trading strategies from a quantitative approach, this book has you covered.

Quantitative Fund Management

Quantitative Fund Management

Author: M. A. H. Dempster Format: Paperback / softback Release Date: 23/09/2019

The First Collection That Covers This Field at the Dynamic Strategic and One-Period Tactical Levels Addressing the imbalance between research and practice, Quantitative Fund Management presents leading-edge theory and methods, along with their application in practical problems encountered in the fund management industry. A Current Snapshot of State-of-the-Art Applications of Dynamic Stochastic Optimization Techniques to Long-Term Financial Planning The first part of the book initially looks at how the quantitative techniques of the equity industry are shifting from basic Markowitz mean-variance portfolio optimization to risk management and trading applications. This section also explores novel aspects of lifetime individual consumption investment problems, fixed-mix portfolio rebalancing allocation strategies, debt management for funding mortgages and national debt, and guaranteed return fund construction. Up-to-Date Overview of Tactical Financial Planning and Risk Management The second section covers nontrivial computational approaches to tactical fund management. This part focuses on portfolio construction and risk management at the individual security or fund manager level over the period up to the next portfolio rebalance. It discusses non-Gaussian returns, new risk-return tradeoffs, and the robustness of benchmarks and portfolio decisions. The Future Use of Quantitative Techniques in Fund Management With contributions from well-known academics and practitioners, this volume will undoubtedly foster the recognition and wider acceptance of stochastic optimization techniques in financial practice.

Index Fund Management A Practical Guide to Smart Beta, Factor Investing, and Risk Premia

Index Fund Management A Practical Guide to Smart Beta, Factor Investing, and Risk Premia

Author: Fadi Zaher Format: Hardback Release Date: 20/09/2019

This book brings simplicity to passive investing, smart beta, and factor investing, which is the fastest growing type of investment in the asset management industry. The subject has a strong academic foundation but often taught and presented in a quite complex and unorganized way.In recent years, index and factor investing solutions have been bestsellers. But factor investing success is not a foregone conclusion, and there are plenty of quirks and misprints in the literature. Do investors need a novel approach? The book provides answers to some of these questions in an open and objective fashion. Index fund management is increasingly taught in finance courses at universities. For market practitioners including trustees and investors, this book facilitates an increased understanding of how to invest in index and smart beta strategies, how to implement them, and what to be aware of with concrete and practical real-world examples.

New Methods in Fixed Income Modeling Fixed Income Modeling

New Methods in Fixed Income Modeling Fixed Income Modeling

Author: Mehdi Mili Format: Paperback / softback Release Date: 19/09/2019

This book presents new approaches to fixed income modeling and portfolio management techniques. Taking into account the latest mathematical and econometric developments in finance, it analyzes the hedging securities and structured instruments that are offered by banks, since recent research in the field of fixed incomes and financial markets has raised awareness for changes in market risk management strategies. The book offers a valuable resource for all researchers and practitioners interested in the theory behind fixed income instruments, and in their applications in financial portfolio management.

Reale Estate Investing 101

Reale Estate Investing 101

Author: Chad Malone Format: Paperback / softback Release Date: 17/09/2019

Openend Investment Fund

Openend Investment Fund

Author: D. C. Corner, D C Corner Format: Hardback Release Date: 13/09/2019

With the entry of the United Kingdom into the European Economic Community on 1 January 1973, the opportunity presented itself for a study of open-end investment funds in the enlarged Community. The resulting book, which in a way is a natural sequel to the study Investment and Unit Trusts in Britain and America. (Elek: London, 1968), in which Dr Corner collaborated with Mr H. Burton, has been a long time in preparation, simply because of the sheer volume of statistical material- in particular, consistent sets of reports and accounts of all the EEC and Swiss investment funds - which has had to be collected. As a result, some of the analysis is based on what will inevitably be somewhat dated material at the time of publication. Unfortunately this is a handicap suffered by all such statistical work, unless one has large financial and manpower resources. We have done our best to update certain key statistics wherever this has been possible.

Investment Analytics In The Dawn Of Artificial Intelligence

Investment Analytics In The Dawn Of Artificial Intelligence

Author: Bernard Lee Format: Hardback Release Date: 11/09/2019

A class of highly mathematical algorithms works with three-dimensional (3D) data known as graphs. Our research challenge focuses on applying these algorithms to solve more complex problems with financial data, which tend to be in higher dimensions (easily over 100), based on probability distributions, with time subscripts and jumps. The 3D research analogy is to train a navigation algorithm when the way-finding coordinates and obstacles such as buildings change dynamically and are expressed in higher dimensions with jumps.Our short title 'ia ai' symbolizes how investment analytics is not a simplistic reapplication of artificial intelligence (AI) techniques proven in engineering. This book presents best-of-class sophisticated techniques available today to solve high dimensional problems with properties that go deeper than what is required to solve customary problems in engineering today.Dr Bernard Lee is the Founder and CEO of HedgeSPA, which stands for Sophisticated Predictive Analytics for Hedge Funds and Institutions. Previously, he was a managing director in the Portfolio Management Group of BlackRock in New York City as well as a finance professor who has taught and guest-lectured at a number of top universities globally.

Investment Analytics In The Dawn Of Artificial Intelligence

Investment Analytics In The Dawn Of Artificial Intelligence

Author: Bernard Lee Format: Paperback / softback Release Date: 11/09/2019

A class of highly mathematical algorithms works with three-dimensional (3D) data known as graphs. Our research challenge focuses on applying these algorithms to solve more complex problems with financial data, which tend to be in higher dimensions (easily over 100), based on probability distributions, with time subscripts and jumps. The 3D research analogy is to train a navigation algorithm when the way-finding coordinates and obstacles such as buildings change dynamically and are expressed in higher dimensions with jumps.Our short title 'ia ai' symbolizes how investment analytics is not a simplistic reapplication of artificial intelligence (AI) techniques proven in engineering. This book presents best-of-class sophisticated techniques available today to solve high dimensional problems with properties that go deeper than what is required to solve customary problems in engineering today.Dr Bernard Lee is the Founder and CEO of HedgeSPA, which stands for Sophisticated Predictive Analytics for Hedge Funds and Institutions. Previously, he was a managing director in the Portfolio Management Group of BlackRock in New York City as well as a finance professor who has taught and guest-lectured at a number of top universities globally.

Japanese Equities A Practical Guide to Investing in the Nikkei

Japanese Equities A Practical Guide to Investing in the Nikkei

Author: Michiro Naito Format: Hardback Release Date: 06/09/2019

An indispensable resource for anyone wishing to understand and successfully invest in the Nikkei. Recent years have seen steady growth in investor interest in the Japanese equity market, the second largest in the world. Japanese Equities describes how the Nikkei works, explains its driving factors and presents a collection of insightful case studies to help you successfully invest in the market. Author Michiro Naito, a former equity derivatives/quantitative strategist for J.P. Morgan Securities Japan, helps you understand the ups and downs of the market and capitalise on its money-making opportunities. Already a substantial part of many equity investor portfolios, the Nikkei exhibits characteristics that respond more sensitively to global economic conditions than other developed markets. This valuable book helps you grasp the idiosyncrasies of the market and correctly time investing decisions to maximise profits. This English translation of the original Japanese book includes additional chapters discussing recent political developments that influence the Japanese economy such as the re-election of Prime Minister Shinzo Abe, the trade policies of Donald Trump (the US-China trade war) and the difference in monetary policy between the Bank of Japan and the FED. This book: Offers a simple quantitative strategy to take advantage of the cyclical trends and repeating patterns of the Nikkei to attain desirable returns Explains how derivatives instruments affect the equity market, which is seldom covered in textbooks Highlights a quantitative approach supported by solid historical back-tests Discusses fundamental and technical factors that underlie the movement of the Japanese equity market Provides insights drawn from the author's decades-long research and experience working in the securities industry Japanese Equities: A Practical Guide to Investing in the Nikkei is a must-have text for investors, hedge fund and pension fund managers, academics, researchers and students of international finance.