Группа авторов
Список книг автора Группа авторовTrustee Investment Strategy for Endowments and Foundations
Trustees are responsible for the stewardship of assets and for implementing the mission of their endowment or foundation. Almost invariably trustees delegate the management of those assets to agents who are investment professionals. In this increasingly sophisticated and litigious financial world there can be a growing gap of comprehension, exacerbated by mathematics and jargon, between trustees who are responsible and agents who are accountable. This book aims to fill that gap. The book draws on the author's own experience and research and that of generations of investment professionals and academics to explain the fundamentals of investment strategy. Key features are therefore: Foreword by George Keane (founder and former president of Commonfund, won the first ever Lifetime Achievement Award from Foundation & Endowment Money Management) one of the icons of endowment fund management in the US Aimed at professional trustees An holistic approach to strategy Avoidance of jargon and mathematics Focus on principles underlying asset strategy
Beyond the Myths and Magic of Mentoring
Many managers believe that effective mentoring is most often the lucky result of personal chemistry between two people. But in this book, author Margo Murray lays that myth to rest. Her guide gives you all the expert advice, tools, and case studies you'll need to harness the power of mentoring. Building on the solid principles outlined in the first book, this revised edition adds examples of mentoring from recent publications and the author's client experience. It also includes international examples. It reveals how mentoring can maximize employee productivity and provides information on how to assess organizational needs and link them to the mentoring process. Includes all the information needed to evaluate the effectiveness of a mentoring program.
Strategic Asset Allocation in Fixed Income Markets
Matlab is used within nearly all investment banks and is a requirement in most quant job ads. There is no other book written for finance practitioners that covers this Enables readers to implement financial and econometric models in Matlab All central concepts and theories are illustrated by Matlab implementations which are accompanied by detailed descriptions of the programming steps needed All concepts and techniques are introduced from a basic level Chapter 1 introduces Matlab and matrix algebra, it serves to make the reader familiar with the use and basic capabilities if Matlab. The chapter concludes with a walkthrough of a linear regression model, showing how Matlab can be used to solve an example problem analytically and by the use of optimization and simulation techniques Chapter 2 introduces expected return and risk as central concepts in finance theory using fixed income instruments as examples, the chapter illustrates how risk measures such as standard deviation, Modified duration, VaR, and expected shortfall can be calculated empirically and in closed form Chapter 3 introduces the concept of diversification and illustrates how the efficient investment frontier can be derived – a Matlab is developed that can be used to calculate a given number of portfolios that lie on an efficient frontier, the chapter also introduces the CAPM Chapter 4 introduces econometric tools: principle component analysis is presented and used as a prelude to yield-curve factor models. The Nelson-Siegel model is used to introduce the Kalman-Filter as a way to add time-series dynamics to the evolution of yield curves over time, time series models such as Vector Autoregression and regime-switching are also presented Supported by a website with online resources – www.kennyholm.com where all Matlab programs referred to in the text can be downloaded. The site also contains lecture slides and answers to end of chapter exercises
Modelling Single-name and Multi-name Credit Derivatives
Modelling Single-name and Multi-name Credit Derivatives presents an up-to-date, comprehensive, accessible and practical guide to the pricing and risk-management of credit derivatives. It is both a detailed introduction to credit derivative modelling and a reference for those who are already practitioners. This book is up-to-date as it covers many of the important developments which have occurred in the credit derivatives market in the past 4-5 years. These include the arrival of the CDS portfolio indices and all of the products based on these indices. In terms of models, this book covers the challenge of modelling single-tranche CDOs in the presence of the correlation skew, as well as the pricing and risk of more recent products such as constant maturity CDS, portfolio swaptions, CDO squareds, credit CPPI and credit CPDOs.
Fibonacci and Gann Applications in Financial Markets
There are many books covering Fibonacci from an artistic and historical point of view and almost as many suggesting that Fibonacci retracements and numbers can be successfully applied to financial market time series. What is missing is a book that addresses the common errors in using screen based Fibonacci (and Gann and other tools). The book is a critical exploration of Fibonacci numbers, retracements, projections, timeframes and fanlines and their current usage within the financial markets by technical analysts. Although they can be extremely effective analytical tools when used appropriately, mistakes in usage can be extremely costly from a financial and credibility viewpoint. George MacLean takes a brief look at the history of Fibonacci and Gann, before providing a full account of their applications in financial markets, including fixed income, equity, foreign exchange, commodities and indexes. In particular, he draws attention to the overuse and misuse of easily applied computer packages available to professional and amateur traders.
Sarbanes-Oxley and the Board of Directors
Sarbanes-Oxley and the Board of Directors is a practical, down-to-earth guide for board members. It covers everything from board basics to compliance with regulations, corporate culture and values to assessing and reacting to hostile shareholder activities. Complete with real-world examples, vignettes, case studies, and other information, this guide helps board members, CEOs, CFOs, and others understand their responsibilities and potential liabilities and implement effective corporate governance. It covers building a strong framework for effective governance, ways to protect board members, specific guidance for effective corporate oversight and communications, and more. Sarbanes-Oxley and the Board of Directors gives directors the knowledge, techniques, and tools to serve the company and its stockholders well.
Business Process Management and the Balanced Scorecard
Business Process Management and the Balanced Scorecard shows managers how to optimally use the balanced scorecard to achieve and sustain strategic success even as the business environment changes. It exceptionally fills the gap between theory and application to facilitate the use of processes as a strategic weapon to deliver world-class performance.
Ethisch und rechtlich konformes Verhalten von Führungskräften und Mitarbeitern
Was ist erlaubt, was nicht? Ethisch und rechtlich konformes Verhalten betrifft nicht nur die Annahme und Vergabe von Gefalligkeiten und Geschenken, sondern auch den Umgang mit Informationen, anderen Personen und Institutionen, personliche Vorteilsnahme, das Vermeiden von Interessenkonflikten, den Umgang mit Ressourcen, technische und personliche Sicherheit sowie den Schutz der Umwelt. Auch Diskriminierung, Mobbing und Chancengleichheit sind Teil dieses Themenkomplexes. In diesem Buch finden Sie klare Regeln zu den Themen Compliance und Business Conduct Guidelines, Musterformulare und praktische Beispiele. Sie erhalten Hinweise zum Einreichen und Umgang mit Beschwerden sowie zur Umsetzung und Kontrolle der Regeln im Unternehmen. Ein weiteres Thema sind die Folgen, die sich fur Unternehmen ergeben konnen, wenn dort keine Business Conduct Guidelines verankert sind – und zwar nicht nur bei gro?en, sondern auch bei mittleren und kleineren Unternehmen. Das Buch wendet sich an Manager und Fuhrungskrafte, an Berater, Juristen und Betriebsrate sowie an Mitarbeiter, die sich uber ihre personliche Rechtslage informieren wollen. Es soll das dunne Eis, auf das sich viele in Erfullung ihrer arbeitsvertraglichen Verpflichtungen begeben, etwas berechenbarer machen. Damit wird die Sicherheit sowohl fur die Handelnden als auch fur die Unternehmen steigen.
From Additive Manufacturing to 3D/4D Printing
With a turnover of some 5-15 billion € / year, the additive manufacturing has industrial niches bearers thanks to processes and materials more and more optimized. While some niches still exist on the application of additive techniques in traditional fields (from jewelery to food for example), several trends emerge, using new concepts: collective production, realization of objects at once (without addition Of material), micro-fluidic, 4D printing exploiting programmable materials and materials, bio-printing, etc. There are both opportunities for new markets, promises not envisaged less than 10 years ago, but difficulties in reaching them.
Materials and Skills for Historic Building Conservation
This book is the third in a series of volumes that combine conservation philosophy in the built environment with knowledge of traditional materials, and structural and constructional conservation techniques and technology: Understanding Historic Building Conservation Structures & Construction in Historic Building Conservation Materials & Skills for Historic Building Conservation The series aims to introduce each aspect of conservation and to provide concise, basic and up-to-date knowledge for architects, surveyors and engineers as well as for commissioning client bodies, managers and advisors. In each book, Michael Forsyth draws together chapters by leading architects, structural engineers and related professionals to reflect the interdisciplinary nature of conservation work. The books are structured to be of direct practical application, taking the reader through the process of historic building conservation and emphasising throughout the integrative teamwork involved. The present volume – Materials & Skills for Historic Building Conservation – describes the characteristics and process of decay of traditional materials which inform the selection of appropriate repair techniques. It provides essential information on the properties of the principal traditional external building materials. Their availability, sourcing and environmental impact is covered, as well as the causes of erosion and decay, and the skills required for their application on conservation projects. It covers the main most commonly used materials and conservation techniques including stone, brickwork, lime products, concrete, iron and steel, timber, wattle and daub, and glass, Thirteen chapters written by the experts present today's key issues in materials and skills for historic building conservation: Gus Astley, Patrick Baty, Charley Brentnall, Michael Bussell, Michael Forsyth, Tony Graham, Chris Harris, David McLaughlin, Brian Ridout, Mike Stock, Geoff Wallis, Ian Williams, Rory Young