LEADER 06231nam 22008895 450 001 9910298520003321 005 20200920124727.0 010 $a3-642-55444-X 024 7 $a10.1007/978-3-642-55444-5 035 $a(CKB)3710000000262139 035 $a(EBL)1966891 035 $a(OCoLC)894508751 035 $a(SSID)ssj0001372196 035 $a(PQKBManifestationID)11785430 035 $a(PQKBTitleCode)TC0001372196 035 $a(PQKBWorkID)11301558 035 $a(PQKB)10389949 035 $a(DE-He213)978-3-642-55444-5 035 $a(MiAaPQ)EBC1966891 035 $a(PPN)182095614 035 $a(EXLCZ)993710000000262139 100 $a20141020d2015 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aApplied Asset and Risk Management $eA Guide to Modern Portfolio Management and Behavior-Driven Markets /$fby Marcus Schulmerich, Yves-Michel Leporcher, Ching-Hwa Eu 205 $a1st ed. 2015. 210 1$aBerlin, Heidelberg :$cSpringer Berlin Heidelberg :$cImprint: Springer,$d2015. 215 $a1 online resource (491 p.) 225 1 $aManagement for Professionals,$x2192-8096 300 $aDescription based upon print version of record. 311 $a3-642-55443-1 320 $aIncludes bibliographical references and index. 327 $aRisk Measures in Asset Management -- Modern Portfolio Theory and Its Problems -- Stock Market Anomalies -- Stock Market Crashes -- Explaining Stock Market Crashes: A Behavioral Finance Approach -- Investor Risk Perceptions and Investments: Recent Developments. 330 $aThis book is a guide to asset and risk management from a practical point of view. It is centered around two questions triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory they should not? - How do investors deal with such crises in terms of their risk measurement and management and, as a consequence, what are the implications for the chosen investment strategies? The book presents and discusses two different approaches to finance and investing, i.e., modern portfolio theory and behavioral finance, and provides an overview of stock market anomalies and historical crashes. It is intended to serve as a comprehensive introduction to asset and risk management for bachelor?s and master?s students in this field as well as for young professionals in the asset management industry. A key part of this book are the exercises to further demonstrate the concepts presented with examples and a step-by-step business case. An Excel file with the calculations and solutions for all 17 examples as well as all business case calculations can be downloaded at extras.springer.com. In this book modern portfolio theory meets behavioral finance, resulting in new insights in state-of-the-art investing. Not only practitioners but also students and academics benefit from the combination of professional capital market experience and academic wisdom as well as the many exercises the book uses to bring the concepts alive. Especially the chapter covering recent investment trends broken down by investor type and region should prove very useful for investment professionals in the asset management industry in Europe. Highly recommended! Dr. Christian Schmitt, Managing Director, risklab GmbH ? AllianzGI Global Solutions, Munich, Germany The book provides a comprehensive introduction to modern asset management and behavioral finance. Using interesting business cases and a hands-on approach with Excel exercises, the authors lead the reader to tackle the main challenges in modern asset and risk management, with a practical focus on behavioral finance. For bachelor and master students who want to get a structured and detailed introduction to asset management, risk management and behavioral finance I can highly recommend this book! Prof. Sandra Paterlini, Ph.D., Chair of Financial Econometrics and Asset Management, EBS ? Business School, Wiesbaden, Germany. 410 0$aManagement for Professionals,$x2192-8096 606 $aFinance 606 $aEconomics, Mathematical  606 $aIndustrial psychology 606 $aBusiness mathematics 606 $aPersonal finance 606 $aPension plans 606 $aComputer science?Mathematics 606 $aComputer mathematics 606 $aFinance, general$3https://scigraph.springernature.com/ontologies/product-market-codes/600000 606 $aQuantitative Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/M13062 606 $aIndustrial and Organizational Psychology$3https://scigraph.springernature.com/ontologies/product-market-codes/Y20030 606 $aBusiness Mathematics$3https://scigraph.springernature.com/ontologies/product-market-codes/523000 606 $aPersonal Finance/Wealth Management/Pension Planning$3https://scigraph.springernature.com/ontologies/product-market-codes/622000 606 $aMathematical Applications in Computer Science$3https://scigraph.springernature.com/ontologies/product-market-codes/M13110 615 0$aFinance. 615 0$aEconomics, Mathematical . 615 0$aIndustrial psychology. 615 0$aBusiness mathematics. 615 0$aPersonal finance. 615 0$aPension plans. 615 0$aComputer science?Mathematics. 615 0$aComputer mathematics. 615 14$aFinance, general. 615 24$aQuantitative Finance. 615 24$aIndustrial and Organizational Psychology. 615 24$aBusiness Mathematics. 615 24$aPersonal Finance/Wealth Management/Pension Planning. 615 24$aMathematical Applications in Computer Science. 676 $a004.0151 676 $a158.7 676 $a330 676 $a330.0151 700 $aSchulmerich$b Marcus$4aut$4http://id.loc.gov/vocabulary/relators/aut$01061636 702 $aLeporcher$b Yves-Michel$4aut$4http://id.loc.gov/vocabulary/relators/aut 702 $aEu$b Ching-Hwa$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910298520003321 996 $aApplied Asset and Risk Management$92519415 997 $aUNINA