Asset Allocation and Portfolio Structuring

Asset allocation and portfolio structuring are the central issues in professional investment management. This book provides a more detailed treatment of these techniques than most investment books, and gives an up-to-date account of recent theory and practice. It covers a wide range of relevant investment problems, explains the techniques and also illustrates its appropriateness by practical examples. Relevant formulas and software enable the reader to apply the techniques in the practical environment of pension funds and other financial institutions.
The book is suitable as a reference work for professionals active in the financial sector and as teaching material for students in higher education. The author avoids using unnecessary complicated mathematical formulas that draw away the attention to practice. Therefore, only some basic mathematical knowledge is required that usually is mastered by financial professionals.