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The Sortino Framework for Constructing Portfolios

The Sortino Framework for Constructing Portfolios
  • Author : Frank A. Sortino
  • Publsiher : Elsevier
  • Release : 27 November 2009
  • ISBN : 9780080961682
  • Pages : 192 pages
  • Rating : 4/5 from 21 ratings
GET THIS BOOKThe Sortino Framework for Constructing Portfolios

Summary:
The most common way of constructing portfolios is to use traditional asset allocation strategies, which match the client’s risk appetite to a weighted allocation strategy of fixed income, equities, and other types of assets. This method focuses on how the money is allocated, rather than on future returns. The Sortino method presents an innovative change from this traditional approach. Rather than using the client’s risk as the main factor, this method uses the client’s desired return. • Only book to describe the Sortino method and Desired Target ReturnTM in a way that enables portfolio managers to adopt the method • Software to implement the portfolio construction method is included free of charge to book buyers on a password protected Elsevier website. Book buyers can use the software to construct portfolios using this method right away, in real time. They can also load in their current portfolios and measure them against these measures. • The Sortino method has been tested over 20 years at the Pension Research Institute. Portfolio managers can be confident of the success of the method, even returns in the economic crisis, in which the method has still beaten all S&P benchmarks.


The Sortino Framework for Constructing Portfolios

The Sortino Framework for Constructing Portfolios
  • Author : Frank A. Sortino
  • Publisher : Elsevier
  • Release : 27 November 2009
GET THIS BOOKThe Sortino Framework for Constructing Portfolios

The most common way of constructing portfolios is to use traditional asset allocation strategies, which match the client’s risk appetite to a weighted allocation strategy of fixed income, equities, and other types of assets. This method focuses on how the money is allocated, rather than on future returns. The Sortino method presents an innovative change from this traditional approach. Rather than using the client’s risk as the main factor, this method uses the client’s desired return. • Only


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GET THIS BOOKMuscular Portfolios

Muscular Portfolios is here to change the investing game — and help you leave stress behind with a stronger, smarter approach to investing. For decades, the financial services industry has sold risky investments, claiming that this was the only path to large gains. But this strategy is highly vulnerable to big losses that can devastate your portfolio. Today, there’s a better approach. It combines the latest academic research in finance with the new ultra-low-cost index funds (exchange-traded funds). The result


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  • Publisher : Academic Press
  • Release : 19 September 2009
GET THIS BOOKOptimizing Optimization

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  • Publisher : John Wiley & Sons
  • Release : 17 October 2016
GET THIS BOOKExtreme Events in Finance

A guide to the growing importance of extreme value risk theory, methods, and applications in the financial sector Presenting a uniquely accessible guide, Extreme Events in Finance: A Handbook of Extreme Value Theory and Its Applications features a combination of the theory, methods, and applications of extreme value theory (EVT) in finance and a practical understanding of market behavior including both ordinary and extraordinary conditions. Beginning with a fascinating history of EVTs and financial modeling, the handbook introduces the historical


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  • Release : 16 October 2001
GET THIS BOOKManaging Downside Risk in Financial Markets

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GET THIS BOOKAsset Management and Institutional Investors

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GET THIS BOOKInvestment Governance for Fiduciaries

Governance is a word that is increasingly heard and read in modern times, be it corporate governance, global governance, or investment governance. Investment governance, the central concern of this modest volume, refers to the effective employment of resources—people, policies, processes, and systems—by an individual or governing body (the fiduciary or agent) seeking to fulfil their fiduciary duty to a principal (or beneficiary) in addressing an underlying investment challenge. Effective investment governance is an enabler of good stewardship, and


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GET THIS BOOKGlobal Macro Trading

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  • Release : 18 April 2011
GET THIS BOOKThe Theory and Practice of Investment Management

An updated guide to the theory and practice of investment management Many books focus on the theory of investment management and leave the details of the implementation of the theory up to you. This book illustrates how theory is applied in practice while stressing the importance of the portfolio construction process. The Second Edition of The Theory and Practice of Investment Management is the ultimate guide to understanding the various aspects of investment management and investment vehicles. Tying together theoretical


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GET THIS BOOKRisk-Based and Factor Investing

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  • Publisher : CFA Institute Research Foundation
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GET THIS BOOKAlternative Investments: A Primer for Investment Professionals

Alternative Investments: A Primer for Investment Professionals provides an overview of alternative investments for institutional asset allocators and other overseers of portfolios containing both traditional and alternative assets. It is designed for those with substantial experience regarding traditional investments in stocks and bonds but limited familiarity regarding alternative assets, alternative strategies, and alternative portfolio management. The primer categorizes alternative assets into four groups: hedge funds, real assets, private equity, and structured products/derivatives. Real assets include vacant land, farmland, timber,


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  • Release : 10 June 2015
GET THIS BOOKLinear and Mixed Integer Programming for Portfolio Optimization

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GET THIS BOOKThe Anti-Bubbles

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GET THIS BOOKManaging Equity Portfolios

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With about $450 billion in assets, funds of hedge funds are the most recent darling of investors. While hedge funds carry high risk for the promise of high returns they are designed for the very rich and for large institutional investors such as pension funds. A Fund of Hedge Funds (FOF) spreads investments among a number of hedge funds to reduce risk and provide diversification, while maintaining the potential for higher than average returns. Odds are that some pension fund of