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010   $a3-319-24382-9
024 7 $a10.1007/978-3-319-24382-5
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035   $a(EBL)4178563
035   $a(DE-He213)978-3-319-24382-5
035   $a(MiAaPQ)EBC4178563
035   $a(EXLCZ)993710000000526827
100   $a20151031d2016      u|         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aRisk-Based Approaches to Asset Allocation $eConcepts and Practical Applications /$fby Maria Debora Braga
205   $a1st ed. 2016.
210  1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2016.
215   $a1 online resource (103 p.)
225 1 $aSpringerBriefs in Finance,$x2193-1720
300   $aDescription based upon print version of record.
311   $a3-319-24380-2 
320   $aIncludes bibliographical references at the end of each chapters.
327   $aIntroduction -- The Traditional Approach to Asset Allocation.- Risk-Based Approaches to Asset Allocation: The Case for Risk Parity -- The Different Risk-Based Approaches to Asset Allocation -- Application of the Risk-Based Approaches to Asset Allocation -- Appendix.  .
330   $aThis book focuses on the concepts and applications of risk-based asset allocation. Markowitz?s traditional approach to asset allocation suffers from serious drawbacks when implemented. These mainly arise from the estimation risk associated with the necessary input the most critical being expected returns. With the financial crisis, there has been an increasing interest in asset allocation approaches that don?t need expected returns as input, known as risk-based approaches. The book provides an analysis of the different solutions that fit this description: the equal-weighting approach, the global minimum-variance approach, the most diversified portfolio approach and the risk parity approach. In addition to a theoretical discussion of these, it presents practical applications in different investment environments. Three different evaluation dimensions are considered to put these approaches to the test: financial efficiency, diversification and portfolio stability.
410  0$aSpringerBriefs in Finance,$x2193-1720
606   $aFinance
606   $aMacroeconomics
606   $aManagement
606   $aFinance, general$3https://scigraph.springernature.com/ontologies/product-market-codes/600000
606   $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000
606   $aManagement$3https://scigraph.springernature.com/ontologies/product-market-codes/515000
615  0$aFinance.
615  0$aMacroeconomics.
615  0$aManagement.
615 14$aFinance, general.
615 24$aMacroeconomics/Monetary Economics//Financial Economics.
615 24$aManagement.
676   $a332.6
700   $aBraga$b Maria Debora$4aut$4http://id.loc.gov/vocabulary/relators/aut$0591871
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910254872803321
996   $aRisk-Based Approaches to Asset Allocation$92240007
997   $aUNINA