000			01234 a2200181 4500
020			_a9780521177146
082			_a332.6 CAP
100			_aCapinski, Maciej j
245			_aPortfolio Theory and Risk Management
260			_bCambridge University Press _c2014 _aUK
300			_a160
520			_aWith its emphasis on examples, exercises and calculations, this book suits advanced undergraduates as well as postgraduates and practitioners. It provides a clear treatment of the scope and limitations of mean-variance portfolio theory and introduces popular modern risk measures. Proofs are given in detail, assuming only modest mathematical background, but with attention to clarity and rigour. The discussion of VaR and its more robust generalizations, such as AVaR, brings recent developments in risk measures within range of some undergraduate courses and includes a novel discussion of reducing VaR and AVaR by means of hedging techniques. A moderate pace, careful motivation and more than 70 exercises give students confidence in handling risk assessments in modern finance.
650			_aPortfolio Management.
650			_aInvestment Analysis.
650			_aRisk Management.
700			_aKopp, Ekkehard
942			_cBK _2ddc
999			_c47969 _d47969