Co-authored by two respected authorities on hedge funds and asset management, this implementation-oriented guide shows you how to employ a range of the most commonly used analysis tools and techniques both in industry and academia, for understanding, identifying and managing risk as well as for quantifying return factors across several key investment strategies. The book is also suitable for use as a core textbook for specialised graduate level courses in hedge funds and alternative investments. The book provides hands-on coverage of the visual and theoretical methods for measuring and modelling hedge fund performance with an emphasis on risk-adjusted performance metrics and techniques. A range of sophisticated risk analysis models and risk management strategies are also described in detail. Throughout, coverage is supplemented with helpful skill building exercises and worked examples in Excel and VBA. The book's dedicated website, www.darbyshirehampton.com provides Excel spreadsheets and VBA source code which can be freely downloaded and also features links to other relevant and useful resources. A comprehensive course in hedge fund modelling and analysis, this book arms you with the knowledge and tools required to effectively manage your risks and to optimise the return profile of your investment style.
A practical framework for effectively managing performance in today's complex, competitive and risky global markets The Third Edition provides a complete framework for building best practice management processes for today's complex and uncertain world. Fully updated to reflect the events of the global economic crisis, this book provides further practical examples of companies that are successfully using the practices identified. Updated for the implications of the global economic crisis on management practices Completely rewritten section on "What it Takes To Be An Effective Manager In An Uncertain World Added examples and mini case studies throughout the book from companies such as Qualcomm, IBM, Dominos, Target, Toshiba and Facebook Establishes new benchmarks for performance management process and practice Fully updated to include recent events, new learnings, technologies and emerging best practices This book includes serious rethinking of the way companies plan and manage performance-from the role of accounting to the skills needed to be an effective manager-including new technologies, techniques and real time management processes.
Get the little known – yet crucial – facts about FX options Daily turnover in FX options is an estimated U.S. $ 207 billion, but many fundamental facts about this huge and liquid market are generally unknown. FX Option Performance provides the information practitioners need to be more effective in the market, with detailed, specific guidance. This book is a unique and practical guide to option trading, with the courage to report how much these contracts have really made or lost. Breaking free from the typical focus on theories and generalities, this book gets specific – travelling back in history to show exactly how options performed in different markets and thereby helping investors and hedgers alike make more informed decisions. Not overly technical, the rigorous approach remains accessible to anyone with an interest in the area, showing investors where to look for value and helping corporations hedge their FX exposures. FX Option Performance begins with a quick and practical introduction to the FX option market, then provides specific advice toward structures, performance, rate fluctuation, and trading strategies. Examine the historical payoffs to the most popular and liquidly traded options Learn which options are overvalued and which are undervalued Discover surprising, generally unpublished facts about emerging markets Examine systemic option trading strategies to find what works and what doesn't On average, do options result in profit, loss, or breaking even? How can corporations more cost-effectively hedge their exposure to emerging markets? Are cheap out-of-the-money options worth it?
Overcome the obstacles that can prevent you from winning at the trading game A trader's emotional state is vital to being a successful investor. There are many psychological factors that can affect the decisions one makes in the course of a trading day. This book focuses on overcoming issues such as anxiety, fear, and over-ambition so that traders can become more focused and be more successful-in other words, enter the zone-and stay in it as long as possible.
Lehar's evergreen comic operetta The Merry Widow is given a gala performance in this sumptuous new Metropolitan Opera production. With "elegance and glamour" Renee Fleming heads an all-star cast including Broadway legend Kelli O'Hara and veteran baritone Sir Thomas Allen. The scintillating score is given a "glowing, subtle performance" (New York Times) under Sir Andrew Davis.
A groundbreaking approach to successful performance improvement Almost every executive in business today is faced with the challenge of improving performance, from incremental improvements to wholesale organizational change. Here, a world-renowned expert in organizational improvement asserts that most hard-won changes don't last for long, however, because of the inability to identify the root causes of the problem. How Organizations Work offers a clear, integrated solution to performance improvement via a new «Enterprise Model»-which takes into account all variables that influence performance. Alan Brache provides a comprehensive «physical exam» for checking an organization's vital signs and a 360-degree picture of how organizational dynamics can be harnessed to effect permanent improvements in performance.
Filmed on location in Italian Renaissance landmarks including the Castello di San Giorgio in Mantua, the Piazza Duomo in Cremona and the Teatro Farnese in Parma, Jean-Pierre Ponnelle's lavish production of "Rigoletto" captures all the tenderness and tragedy of Verdi's heartbreaking drama. Luciano Pavarotti in his formidable prime is the dashing, dissolute Duke of Mantua who seduces fair, innocent Gilda - a virtuoso performance by Edita Gruberova - away from her protective father, the hunchback court jester Rigoletto, sung and acted with indelible pathos by Ingvar Wixell.Act 1-3
Transportation Security features articles from the Wiley Handbook of Science and Technology for Homeland Security covering topics related to security challenge of transportation systems in the USA and elsewhere, performance measures, including coverage of critical supply chain protection and emergency evacuation.
The recent introduction of active and passive structural control methods has given structural designers powerful tools for performance-based design. However, structural engineers often lack the tools for the optimal selection and placement of such systems. In Building Control with Passive Dampers , Takewaki brings together most the reliable, state-of-the-art methods in practice around the world, arming readers with a real sense of how to address optimal selection and placement of passive control systems. The first book on optimal design, sizing, and location selection of passive dampers Combines theory and practical applications Describes step-by-step how to obtain optimal damper size and placement Covers the state-of-the-art in optimal design of passive control Integrates the most reliable techniques in the top literature and used in practice worldwide Written by a recognized expert in the area MATLAB code examples available from the book’s Companion Website This book is essential for post-graduate students, researchers, and design consultants involved in building control. Professional engineers and advanced undergraduates interested in seismic design, as well as mechanical engineers looking for vibration damping techniques, will also find this book a helpful reference. Code examples available at www.wiley.com/go/takewaki
This is the story of Ajaiyi, a man born into poverty who is determined to improve his situation. In the hope of finding the money he needs, he travels through unfamiliar lands filled with strange creatures. He meets the Spirit of Fire with its huge feathered head and flaming body, and receives assistance from a wizard and a unicorn. Yet, in the end, the answer to his woes is not far from home. Amos Tutuola was born in Abeokuta, Nigeria, in 1920. His first novel, The Palm-Wine Drinkard, was acquired by T. S. Eliot and published by Faber in 1952.