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Goal-based Investing: Theory And Practice
Engelsk
Bogcover for Goal-based Investing: Theory And Practice af Lionel Martellini, Vincent Milhau, Romain Deguest, 9789811240942
Specifikationer
Sprog:
Engelsk
Sider:
324
ISBN-13:
9789811240942
Indbinding:
Hardback
ISBN-10:
9811240949
Udg. Dato:
27 jul 2021
Størrelse i cm:
Oplagsdato:
27 jul 2021

Goal-based Investing: Theory And Practice

Engelsk
Hardback 2021
Format:

Bog beskrivelse
Goal-based investing is a new paradigm that is expected to have a profound and long-lasting impact on the wealth management industry. This book presents the concept in detail and introduces a general operational framework that can be used by financial advisors to help individual investors optimally allocate their wealth by identifying performance-seeking assets and hedging assets. Grounded in the principles of asset pricing and portfolio optimisation, the goal-based investing approach leads to the design of investment solutions that truly respond to investors' problems, which can most often be summarized as follows: secure essential goals with the highest confidence level and maximize the chances to reach aspirational goals.A series of case studies guides the reader through the implementation of goal-based investing, illustrates the efficiency of this paradigm and explains how one can accommodate a variety of implementation features such as taxes, short-sales constraints, parameter estimation risk, as well as limited customisation.
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Specifikationer
Sprog:
Engelsk
Sider:
324
ISBN-13:
9789811240942
Indbinding:
Hardback
ISBN-10:
9811240949
Udg. Dato:
27 jul 2021
Størrelse i cm:
Oplagsdato:
27 jul 2021
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