RiskGrade Your Investments (eBook)

Measure Your Risk and Create Wealth

Gregory Elmiger, Steve S. Kim (Autoren)

eBook Download: PDF

2003 | 1. Auflage
260 Seiten
John Wiley & Sons (Verlag)
978-0-471-45356-7 (ISBN)

Infos

Praise for RiskGrade Your Investments

"In the same way that the introduction of RiskMetrics raised the
level of the discussion (and sometimes debate) regarding market
risk measurement and management at large financial institutions,
the introduction of RiskGrades and this book represent a major step
in the understanding and application of risk measurement and
management techniques by individual investors."

-Charles Smithson, Managing Partner, Rutter Associates, and author
of Managing Financial Risk

What Others Are Saying About RiskGrades.com

Forbes' best of the web 2002:

"Savvy analysis, all free."

"A new and impressive Web-based service that promises to offer a
clue to the question of how risky is your portfolio. RiskMetrics
has been measuring portfolio risk for big financial institutions
since 1994 and now sheds some light on investor risk. RiskGrades
helps investors combine risk and return to make proper investment
decisions."

-BusinessWeek

"Owning a high percentage of company stock in a retirement
plan--any more than 20 percent--is one of the riskiest propositions
in investing, and yet employees almost never measure this risk
objectively or reduce their positions. . . . It is easy to
approximate investment risk. A useful tool for measuring risk is
available through RiskMetrics Group's www.riskgrades.com, a service
that will measure the volatility and return of single securities or
whole portfolios against all asset classes and international
regions."

-Financial Times

"Without divining what exactly a fund owns, the system simply
distills risk down to the likelihood of finding a severe change in
its value on a given day. . . . Running a few notable funds through
the rating bath can be a useful check on what an investor is
putting on the line for a given dollar of investment gains."

-Barron's

"Mathematicians and economists use complex computer programs to
examine the effects of different shocks on different portfolios.
Such tests have been used for several years by professionals who
manage multimillion-dollar investment funds. But RiskMetrics, a
spinoff of J.P. Morgan Chase, is now providing similar tools for
individual investors. RiskMetrics runs a Web site,
www.riskgrades.com, which investors can use free of charge. The Web
site allows investors to stress-test individual stocks and mutual
funds as well as portfolios."

-The Wall Street Journal

Autor

GREGORY ELMIGER is a retail risk product specialist at the RiskMetrics Group, a New York--based company that specializes in risk management. Greg is an original member of the group at RiskMetrics that developed RiskGrades and is responsible for helping oversee the day-to-day operations and ongoing development of the RiskGrades service. Since joining RiskMetrics in 1999, Greg has actively developed an integrated library of Web-based courses, training programs, and research to help clients increase their overall level of awareness and understanding of risk. Prior to joining RiskMetrics, Greg was a vice president at Zoologic, a company that specializes in developing computer-based training software for financial professionals. STEVE S. KIM is a trader at Marathon Asset Management, a hedge fund based in New York. Previously, Steve was an emerging markets trader at Banco Santander and part of the product team at RiskMetrics that helped develop and implement RiskGrades as an emerging standard for risk measurement. Before joining RiskMetrics, Steve was a vice president at UBS Warburg, where he was part of a team in charge of building the relative value and credit derivatives book. Steve received a bachelor of arts from the University of California at Berkeley, graduating with high honors. He holds a master's degree in international affairs from Columbia University. ETHAN BERMAN is CEO of the RiskMetrics Group. Ethan is responsible for overall business strategy and vision for the company and spends his time engaged in business development, strategic partnerships, and customer relationships. Before spinning off RiskMetrics from J.P. Morgan, Ethan was a bond trader and eventually headed up the mortgage-backed securities business, the North American taxable sales force, and the government option and zero-coupon trading desk at Morgan. He became a managing director at J.P. Morgan, responsible for the firm's Risk Management Services Group. There he developed risk products such as RiskMetrics and CreditMetrics. In 1997, Ethan was named one of the new stars of global finance by BusinessWeek.

Inhalt

Introduction.

Answer One Question.

The Dilemma Facing Today's Investors.

What Is Risk?

Return Is Only Half the Equation.

Buy, Hold, or Sell?

Asset Allocation.

Diversification.

Risk Tolerance.

Developing Your Portfolio's True Picture of Risk.

This Old Portfolio.

The Final Frontier.

Appendix.

Glossary.

Notes.

Index.

Produkt-Details

• Erscheint lt. Verlag: 21.4.2003
• Vorwort: Ethan Berman
• Sprache: englisch
• Themenwelt: Mathematik / Informatik ► Mathematik ► Computerprogramme / Computeralgebra
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: Finance & Investments • Finanz- u. Anlagewesen • Investments & Securities • Kapitalanlagen u. Wertpapiere
• ISBN-10: 0-471-45356-0 / 0471453560
• ISBN-13: 978-0-471-45356-7 / 9780471453567