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Informationen zum Autor LUKASZ SNOPEK has been working for many years as a wealth manager and investment consultant in the private banking sector. His qualifications include a Master of Law and a Master's degree in Business Administration (HEC), the Swiss Federal Diploma for Experts in Finance and Investments and the International Wealth Manager Certificate (CIWM). Lukasz Snopek is also a corrector for the Swiss Financial Analysts Association and teaches portfolio construction and management at the Institut Supérieur de Formation Bancaire (ISFB) in Geneva. Klappentext In the wake of the recent financial crisis, many will agree that it is time for a fresh approach to portfolio management. The Complete Guide to Portfolio Construction and Management provides practical investment advice for building a robust, diversified portfolio.Written by a high-profile investment adviser, this book reveals a practical portfolio management framework and new approach to portfolio construction based on four key market forces: macro, fundamental, technical, and behavioural. It is an insight that takes the focus off numbers, looking instead at the role of risk and behavior in finance.As we have seen with the recent finance meltdown, traditional portfolio management techniques are flawed. Investors need to understand those flaws and learn how to incorporate risk management and behavioral finance into their asset management strategies.With a foreword by industry leader Francois-Serge L'habitant, this is your one-stop guide, with new ways for you to manage, grow and preserve your investment portfolio, even in uncertain markets. Zusammenfassung In the wake of the recent financial crisis, many will agree that it is time for a fresh approach to portfolio management. The Complete Guide to Portfolio Construction and Management provides practical investment advice for building a robust, diversified portfolio.Written by a high-profile investment adviser, this book reveals a practical portfolio management framework and new approach to portfolio construction based on four key market forces: macro, fundamental, technical, and behavioural. It is an insight that takes the focus off numbers, looking instead at the role of risk and behavior in finance.As we have seen with the recent finance meltdown, traditional portfolio management techniques are flawed. Investors need to understand those flaws and learn how to incorporate risk management and behavioral finance into their asset management strategies.With a foreword by industry leader Francois-Serge L'habitant, this is your one-stop guide, with new ways for you to manage, grow and preserve your investment portfolio, even in uncertain markets. Inhaltsverzeichnis Foreword xiii About the Author xv Acknowledgements xvii Introduction xix Part I Investors and Risk 1 1 Basic Principles 3 1.1 Investors 3 1.2 Inflation 3 1.3 Choices for Investors in Terms of Investments 5 2 Measures of Risk 7 2.1 Volatility or Standard Deviation 7 2.2 Beta as a Measure of Risk 11 2.3 Value-at-Risk (VaR) 13 2.4 Investor Behaviour Towards Risk 14 Part II Asset Classes and Their Degree of Risk 17 3 Asset Classes and Associated Risks 19 3.1 Money Market Investments 19 3.1.1 Definition 19 3.1.2 Risks associated with money market investments 20 3.2 Bonds 22 3.2.1 Definition 22 3.2.2 Risks associated with bonds 26 3.3 Stocks 33 3.3.1 Definition 33 3.3.2 Risks associated with stocks 36 3.4 Real Estate 45 3.4.1 Definition 45 3.4.2 Risks associated with real estate 46 3.5 Commodities and Metals 48 3.5.1 Definition 48 3.5.2 Risks associated with commodities and metals 51 3.6 Private Equity 54 3.6.1 Definition 54 3.6.2 Risks assoc...
