Alternative Investments

Author: CAIA Association
Publisher: John Wiley & Sons
ISBN: 9781119016397
Release Date: 2016-10-10
Genre: Business & Economics

In-depth Level II exam preparation direct from the CAIA Association CAIA Level II is the official study guide for the Chartered Alternative Investment Analyst professional examination, and an authoritative guide to working in the alternative investment sphere. Written by the makers of the exam, this book provides in-depth guidance through the entire exam agenda; the Level II strategies are the same as Level I, but this time you'll review them through the lens of risk management and portfolio optimisation. Topics include asset allocation and portfolio oversight, style analysis, risk management, alternative asset securitisation, secondary market creation, performance and style attribution and indexing and benchmarking, with clear organisation and a logical progression that allows you to customise your preparation focus. This new third edition has been updated to align with the latest exam, and to reflect the current practices in the field. The CAIA designation was developed to provide a standardized knowledge base in the midst of explosive capital inflow into alternative investments. This book provides a single-source repository of that essential information, tailored to those preparing for the Level II exam. Measure, monitor and manage funds from a risk management perspective Delve into advanced portfolio structures and optimisation strategies Master the nuances of private equity, real assets, commodities and hedge funds Gain expert insight into preparing thoroughly for the CAIA Level II exam The CAIA Charter programme is rigorous and comprehensive, and the designation is globally recognised as the highest standard in alternative investment education. Candidates seeking thorough preparation and detailed explanations of all aspects of alternative investment need look no further than CAIA Level II.

CAIA Level I

Author: CAIA Association
Publisher: John Wiley & Sons
ISBN: 9781118282991
Release Date: 2012-04-03
Genre: Business & Economics


CAIA Level II

Author: CAIA Association
Publisher: John Wiley & Sons
ISBN: 9781118447284
Release Date: 2012-09-06
Genre: Business & Economics

CAIA Association has developed two examinations that are used to certify Chartered Alternative Investment Analysts. The Level I curriculum builds a foundation in both traditional and alternative investment markets--for example, the range of statistics that are used to define investment performance as well as the many types of hedge fund strategies. The readings for the Level II exam focus on the same strategies, but change the context to one of risk management and portfolio optimization. Level II CAIA exam takers have to work through the following agenda: asset allocation & portfolio oversight style analysis risk management alternative asset securitization secondary market creation performance and style attribution indexation and benchmarking

Alternative Investments

Author: Donald R. Chambers
Publisher: Wiley
ISBN: 1119604141
Release Date: 2019-08-27
Genre: Business & Economics

Alternative Investments: CAIA Level I, 4rd Edition is the curriculum book for the Chartered Alternative Investment Analyst (CAIA) Level I professional examination. Covering the fundamentals of the alternative investment space, this book helps you build a foundation in alternative investment markets. You'll look closely at the different types of hedge fund strategies and the range of statistics used to define investment performance as you gain a deep familiarity with alternative investment terms and develop the computational ability to solve investment problems. From strategy characteristics to portfolio management strategies, this book contains the core material you will need to succeed on the CAIA Level I exam. This updated fourth edition tracks to the latest version of the exam, and is accompanied by the following ancillaries: a workbook, study guide, learning objectives, and an ethics handbook. This Set includes both volumes.

CAIA Level II

Author: Melissa Donohue
Publisher: John Wiley & Sons
ISBN: 9780470685112
Release Date: 2010-11-29
Genre: Business & Economics


Hedge Fund Investing

Author: Kevin R. Mirabile
Publisher: John Wiley & Sons
ISBN: 9781119210351
Release Date: 2016-01-19
Genre: Business & Economics

Hedge funds are an essential part of the alternative investing arena, and will continue to be so for the foreseeable future. It's important that those investing, or thinking about investing, with hedge funds know exactly what they are about. This book provides an up-to-date look at how to understand, and invest in, hedge funds.

Asymmetric Returns

Author: Alexander M. Ineichen
Publisher: John Wiley & Sons
ISBN: 9781118160602
Release Date: 2011-07-12
Genre: Business & Economics

In Asymmetric Returns, financial expert Alexander Ineichen elevates the critical discussion about alpha versus beta and absolute returns versus relative returns. He argues that controlling downside volatility is a key element in asset management if sustainable positive compounding of capital and financial survival are major objectives. Achieving sustainable positive absolute returns are the result of taking and managing risk wisely, that is, an active risk management process where risk is defined in absolute terms and changes in the market place are accounted for. The result of an active risk management process-when successful-is an asymmetric return profile, that is, more and higher returns on the upside and fewer and lower returns on the downside. Ineichen claims that achieving Asymmetric Returns is the future of active asset management. Alexander M. Ineichen, CFA, CAIA, is Managing Director and Senior Investment Officer for the Alternative Investment Solutions team, a key provider within Alternative and Quantitative Investments, itself a business within UBS Global Asset Management. He is also on the Board of Directors of the Chartered Alternative Investment Analyst Association (CAIAA). Ineichen is the author of the two UBS research publications In Search of Alpha—Investing in Hedge Funds (October 2000) and The Search for Alpha Continues—Do Fund of Hedge Funds Add Value? (September 2001). As of 2006 these two reports were the most often printed research papers in the documented history of UBS. He is also author of the widely popular Absolute Returns—The Risk and Opportunities of Hedge Fund Investing, also published by John Wiley & Sons.

The Handbook of Traditional and Alternative Investment Vehicles

Author: Mark J. P. Anson
Publisher: John Wiley & Sons
ISBN: 1118008693
Release Date: 2010-12-03
Genre: Business & Economics

A comprehensive volume that covers a complete array of traditional and alternative investment vehicles This practical guide provides a comprehensive overview of traditional and alternative investment vehicles for professional and individual investors hoping to gain a deeper understanding of the benefits and pitfalls of using these products. In it, expert authors Mark Anson, Frank Fabozzi, and Frank Jones clearly present the major principles and methods of investing and their risks and rewards. Along the way, they focus on providing you with the information needed to successfully invest using a host of different methods depending upon your needs and goals. Topics include equities, all types of fixed income securities, investment-oriented insurance products, mutual funds, closed-end funds, investment companies, exchange-traded funds, futures, options, hedge funds, private equity, and real estate Written by the expert author team of Mark Anson, Frank Fabozzi, and Frank Jones Includes valuable insights for everyone from finance professionals to individual investors Many finance books offer collections of expertise on one or two areas of finance, but The Handbook of Traditional and Alternative Investment Vehicles brings all of these topics together in one comprehensive volume.

Handbook of Alternative Assets

Author: Mark J. P. Anson
Publisher: John Wiley & Sons
ISBN: 0470089229
Release Date: 2008-04-15
Genre: Business & Economics

Since the first edition of the Handbook of Alternative Assets was published, significant events-from the popping of the technology bubble and massive accounting scandals to recessions and bear markets-have shifted the financial landscape. These changes have provided author Mark J. P. Anson with an excellent opportunity to examine alternative assets during a different part of the economic cycle than previously observed in the first edition. Fully revised and updated to reflect today's financial realities, the Handbook of Alternative Assets, Second Edition covers the five major classes of alternative assets-hedge funds, commodity and managed futures, private equity, credit derivatives, and corporate governance-and outlines the strategies you can use to efficiently incorporate these assets into any portfolio. Throughout the book, new chapters have been added, different data sources accessed, and new conclusions reached. Designed as both an introduction to the world of alternative assets and as a reference for the active investor, the Handbook of Alternative Assets, Second Edition will help you match alternative assets with your various investment goals.

Wise Money Using the Endowment Investment Approach to Minimize Volatility and Increase Control

Author: Daniel Wildermuth
Publisher: McGraw Hill Professional
ISBN: 9780071798044
Release Date: 2012-07-31
Genre: Business & Economics

In Wise Money, bestselling personal finance author Daniel Wildermuth reveals the investing worlds biggest secret for increasing returns and decreasing volatilityendowment investing. He provides investors of all levels all the information, insight, and methods they need to replicate the success endowment investors have been enjoying for years.

Nonprofit Asset Management

Author: Matthew Rice
Publisher: John Wiley & Sons
ISBN: 9781118199145
Release Date: 2012-02-15
Genre: Business & Economics

An authoritative guide for effective investment management and oversight of endowments, foundations and other nonprofit investors Nonprofit Asset Management is a timely guide for managing endowment, foundation, and other nonprofit assets. Taking you through each phase of the process to create an elegant and simple framework for the prudent oversight of assets, this book covers setting investment objectives; investment policy; asset allocation strategies; investment manager selection; alternative asset classes; and how to establish an effective oversight system to ensure the program stays on track. Takes you through each phase of the process to create an elegant and simple framework for the prudent oversight of nonprofit assets A practical guide for fiduciaries of endowment, foundation, and other nonprofit funds Offers step-by-step guidance for the effective investment management of assets Created as a practical guide for fiduciaries of nonprofit funds—board members and internal business managers—Nonprofit Asset Management is a much-needed, step-by-step guide to the effective investment management of nonprofit assets.

Invest with the Fed Maximizing Portfolio Performance by Following Federal Reserve Policy

Author: Robert R. Johnson
Publisher: McGraw Hill Professional
ISBN: 9780071834414
Release Date: 2015-02-20
Genre: Business & Economics

Create a winning portfolio using Federal Reserve actions as your guiding star Based on 25 years of research, Invest with the Fed reveals direct connections between successful portfolio performance and Fed policy. The authors’ analysis extends beyond U.S. equity markets to include foreign equities of both emerging and developed markets, fixed income securities, real estate, and commodities. Invest with the Fed provides guidance on navigating the investment landscape while avoiding common pitfalls, offering practical advice in an easy to understand terminology that can be applied by the casual investor or the investment professional. Robert R. Johnson, Ph.D., CFA, CAIA, is a senior executive with over fifteen years of C-level experience, performing at the highest levels of strategic positioning, leadership, and global management. He was the Senior Managing Director and Deputy CEO at the CFA Institute and is currently a finance professor at Creighton University’s School of Business. Gerald R. Jensen, PhD, CFA, is a professor in the finance department at Northern Illinois University, where he also teaches in the Executive MBA program. He is a member of the CFA Institute Council of Examiners.

Asian Financial Statement Analysis

Author: ChinHwee Tan
Publisher: John Wiley & Sons
ISBN: 9781118542590
Release Date: 2014-03-28
Genre: Business & Economics

Gain a deeper understanding of Asian financial reporting and how to detect irregularities The Asian region, and particularly China, is becoming a hotbed of investment activity. There have been quite a few accounting scandals in Asia in the recent years – now rivaling those we have seen in the Americas and Europe. Assessing potential or active overseas investments requires reliance on financial statements, the full parameters of which may vary from region to region. To effectively analyze statements, it is necessary to first understand the framework underlying these financial statements and then lay out a protocol for detecting irregularities. It's impossible to create and implement a practical plan without a deeper knowledge of the various factors at play. Asian Statement Analysis: Detecting Financial Irregularities provides a framework for analysis that makes irregularities stand out. Authors Chin Hwee Tan and Thomas R. Robinson discuss international financial reporting standards, including characteristics particular to the Asian region. Tan and Robinson's combined background in academia and Asian finance give them a multi-modal perspective and position them as top authorities on the topic. In the book, they address issues such as: Detection of irregularities independent of particular accounting rules The most common irregularities in the Asian market Similarities and differences between U.S. and Asian accounting techniques An overarching framework for irregularity detection The book uses real-world examples to illustrate the concepts presented, with the focus on Asian companies. As the first ever in-depth study on manipulation and irregularities in the Asian market, Asian Financial Statement Analysis: Detecting Financial Irregularities is uniquely positioned to be a valuable resource in the move toward the next phase of global reporting standards.

The Risk Wise Investor

Author: Michael T. Carpenter
Publisher: John Wiley & Sons
ISBN: 0470530944
Release Date: 2009-08-13
Genre: Business & Economics

User-friendly risk management tools, tips, and techniques for a less certain world Though a very high level of investor uncertainty, anxiety, and concern about risk now exists, the vast majority of investors do not genuinely understand investment risk-let alone how to effectively manage it. The "Risk-Wise" Investor offers a totally new, user-friendly, non-technical way to help you better understand and manage uncertainty and risk. This practical guide will help investors avoid many common pitfalls and make well informed, knowledge-based decisions when facing uncertainty and risk. It also shows how to implement a personalized, systematic risk management planning process that will allow you to manage the risks you face more effectively and improve the likelihood of achieving specific investment goals. Though traditional investment advice is based on taking the long view and diversifying portfolios, the information here shows how to incorporate additional risk management considerations into your plans. It also provides innovative insights that will help investors and their advisors better understand how to Gain a practical, user-friendly, knowledge based understanding of risk and risk management Better understand and manage financial uncertainty and rapid change Release life-risk management skills in the world of investments Become less anxious, more knowledgeable, realistic, and potentially more successful investors Learn a new "empowering" definition of risk to more effectively address risk and uncertainty Help reduce the likelihood and potential impact of negative surprises

Behavioral Finance and Investor Types

Author: Michael M. Pompian
Publisher: John Wiley & Sons
ISBN: 9781118235607
Release Date: 2012-05-22
Genre: Business & Economics

Achieve investing success by understanding your behaviortype This groundbreaking book shows how to invest wisely by managingyour behavior, and not just your money. Step by step, MichaelPompian (a leading authority in the practical application ofBehavioral Finance concepts to wealth management) helps you plan astrategy targeted to your personality. The book includes a test fordetermining your investment type and offers strategies you can putinto use when investing. It also includes a brief history of thestock market, and easy-to-comprehend information about stocks andinvesting to help you lay a solid foundation for your investmentdecisions. Behavioral Finance and Investor Types is divided into twoparts. Test Your Type, gives an overview of Behavioral Finance aswell as the elements that come into play when figuring out BIT,like active or passive traits, risk tolerance, and biases. The bookincludes a quiz to help you discover what category you are in. Planand Act, contains the traits common to your type; an analysis ofthe biases associated with your type; and strategies and solutionsthat compliment and capitalize on your BIT. Offers a practical guide to an investing strategy that fitsboth your financial situation and your personality type Includes a test for determining your tolerance for risk andother traits that will determine your investment type Written by the Director of the Private Wealth Practice forHammond Associates—an investment consulting firm servinginstitutional and private wealth clients Behavioral Finance and Investor Types offers investors abetter sense of what drives them and what puts on their breaks. Byusing the information found here, you'll quickly become savvy aboutthe world of investing because you'll come to understand your placein it.