01023nam0-22003491i-450 99000255100040332120200525105640.03540502165000255100FED01000255100(Aleph)000255100FED0100025510020000920d1989----km-y0itay50------baengDESolution of initial value problems in classes of generalized analytic functionsW. TutschkeBerlinSpringer Verlag1989188 p.21 cmAnalisi complessaFunzioni di più variabili complesse515Tutschke,Wolfgang103940ITUNINARICAUNIMARCBK990002551000403321MXIII-B-56951MAS02 32 D 95507FINBNFINBNMASSolution of Initial Value Problems in Classes of Generalized Analytic Functions348988UNINAING0105307nam 2200649Ia 450 991013956750332120210621171305.01-118-46719-11-283-40539-397866134053951-119-99174-9(CKB)2550000000059577(EBL)700459(OCoLC)756501425(SSID)ssj0000643717(PQKBManifestationID)11408313(PQKBTitleCode)TC0000643717(PQKBWorkID)10667876(PQKB)11053616(MiAaPQ)EBC700459(EXLCZ)99255000000005957720101015d2011 uy 0engur|n|---|||||txtccrExpected returns[electronic resource] an investor's guide to harvesting market rewards /Antti IlmanenChichester, UK Wileyc20111 online resource (594 p.)[Wiley finance]Description based upon print version of record.1-119-99072-6 Includes bibliographical references and index.Expected Returns; Contents; Foreword by Clifford Asness; Acknowledgments; Abbreviations and acronyms; PART I OVERVIEW, HISTORICAL RETURNS, AND ACADEMIC THEORIES; 1 Introduction; 1.1 Historical performance; 1.2 Financial and behavioral theories: A brief history of ideas; 1.3 Forward-looking indicators; 1.4 View-based expected returns; 1.5 General comments about the book; 1.6 Notes; 2 Whetting the appetite: Historical averages and forward-looking returns; 2.1 Historical performance since 1990; 2.2 Sample-specific results: Dealing with the pitfalls; 2.3 Forward-looking return indicators2.4 Notes3 The historical record: The past 20 years in a longer perspective; 3.1 Stocks; 3.2 Bonds; 3.3 Real asset investing and active investing; 3.4 FX and money markets; 3.5 Real return histories; 3.6 Notes; 4 Road map to terminology; 4.1 Constant or time-varying expected returns?; 4.2 Rational or irrational expectations formation?; 4.3 Return measurement issues; 4.4 Returns in what currency?; 4.5 Risk-adjusted returns; 4.6 Biased returns; 4.7 Notes; 5 Rational theories on expected return determination; 5.1 The old world; 5.2 The new world5.3 Detour: a brief survey of the efficient markets hypothesis5.4 Notes; 6 Behavioral finance; 6.1 Limits to arbitrage; 6.2 Psychology; 6.3 Applications; 6.4 Conclusion; 6.5 Notes; 7 Alternative interpretations for return predictability; 7.1 Risk premia or market inefficiency; 7.2 Data mining and other ''mirage'' explanations; 7.3 Notes; PART II A DOZEN CASE STUDIES; 8 Equity risk premium; 8.1 Introduction and terminology; 8.2 Theories and the equity premium puzzle; 8.3 Historical equity premium; 8.4 Forward-looking (ex ante objective) long-term expected return measures8.5 Survey-based subjective expectations8.6 Tactical forecasting for market timing; 8.7 Notes; 9 Bond risk premium; 9.1 Introduction, terminology, and theories; 9.2 Historical average returns; 9.3 Alternative ex ante measures of the BRP; 9.4 Yield curve steepness: important predictive relations; 9.5 Explaining BRP behavior: first targets, then four drivers; 9.6 Tactical forecasting-duration timing; 9.7 Notes; 10 Credit risk premium; 10.1 Introduction, terminology, and theory; 10.2 Historical average excess returns; 10.3 Focus on front-end trading-a pocket of attractive reward to risk10.4 Understanding credit spreads and their drivers10.5 Tactical forecasting of corporate bond outperformance; 10.6 Assessing other non-government debt; 10.7 Concluding remarks; 10.8 Notes; 11 Alternative asset premia; 11.1 Introduction to alternatives; 11.2 Real estate; 11.3 Commodities; 11.4 Hedge funds; 11.5 Private equity funds; 11.6 Notes; 12 Value-oriented equity selection; 12.1 Introduction to dynamic strategies; 12.2 Equity value: introduction and historical performance; 12.3 Tweaks including style timing; 12.4 The reasons value works12.5 Does the value strategy work in equities beyond individual stocks election or in market or sector selection in other asset classes?Expected Returns is a one-stop reference that gives investors a comprehensive toolkit for harvesting market rewards from a wide range of investments. Written by an experienced portfolio manager, scholar, strategist, investment advisor and hedge fund trader, this book challenges investors to broaden their minds from a too-narrow asset class perspective and excessive focus on historical performance. Coverage includes major asset classes (stocks, bonds, alternatives), investment strategies (value, carry, momentum, volatility) and the effects of underlying risk factors (growth, inflation, iWiley finance series.InvestmentsRate of returnElectronic books.Investments.Rate of return.332.6332.678Ilmanen Antti1961-857806MiAaPQMiAaPQMiAaPQBOOK9910139567503321Expected returns1915377UNINA