Introduction to Risk Parity and Budgeting

• Author(s): Thierry Roncalli,
• Publisher: CRC Press
• Pages: 440
• ISBN_10: 1482207168
  ISBN_13: 9781482207163
  
• Language: en
• Categories: Business & Economics / Finance / General , Mathematics / General , Mathematics / Probability & Statistics / General , Business & Economics / Accounting / General , Mathematics / Applied , Business & Economics / Statistics ,

Description:... Although portfolio management didn't change much during the 40 years after the seminal works of Markowitz and Sharpe, the development of risk budgeting techniques marked an important milestone in the deepening of the relationship between risk and asset management. Risk parity then became a popular financial model of investment after the global fina