{"product_id":"practical-risk-adjusted-performance-measurement-carl-r-bacon-9781119838845","title":"Practical Risk-Adjusted Performance Measurement","description":"\u003cp\u003e\u003cb\u003eExplore different measures of ex-post risk-adjusted performance measurement and learn to choose the correct one \u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn the newly revised Second Edition of \u003ci\u003ePractical Risk-Adjusted Performance Measurement\u003c\/i\u003e, accomplished risk and investment expert Carl R. Bacon delivers an insightful, accessible, and real-world guide to ex-post risk measurement. The author bridges the gap between theory and practice, showing you how to apply the former to the latter without introducing unnecessary mathematical complexity. \u003c\/p\u003e \u003cp\u003eThe book describes the fundamentals of risk in the asset management context and the descriptive statistics used to describe it. It builds on that foundation with detailed examinations of concepts like regression, drawdown, and partial moments, before moving on to topics like fixed income risk and Prospect Theory. \u003c\/p\u003e \u003cp\u003eWith helpful additions that include recently developed measures of risk, supplementary explanatory sections, and six brand-new chapters, this book also offers: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eA practical classification of all ex-post risk measures and how they connect to one another \u003c\/li\u003e \u003cli\u003eAn explanation of how risk-adjusted performance measures impact performance fees \u003c\/li\u003e \u003cli\u003eA discussion of risk measure dashboard designs \u003c\/li\u003e \u003cli\u003eInstructions on how appraisal measures should be used for manager selection \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003ePerfect for portfolio managers, asset owners, risk controllers, and investment performance analysts, \u003ci\u003ePractical Risk-Adjusted Performance Measurement\u003c\/i\u003e is an indispensable resource for anyone looking for a hands-on exploration of the buy-side, asset management perspective. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Carl R. Bacon\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1119838843\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781119838845\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/18\/2021\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 320\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.80lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.90h x 6.70w x 1.00d","brand":"Carl R. Bacon","offers":[{"title":"Hardcover","offer_id":43944885649663,"sku":"9781119838845","price":95.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_de0ba9c1-f765-4ad8-8f38-8f3c094417f8.jpg?v=1681505566","url":"https:\/\/www.whiterainbookhouse.com\/products\/practical-risk-adjusted-performance-measurement-carl-r-bacon-9781119838845","provider":"WR Book House","version":"1.0","type":"link"}