Mastering illiquidity : risk management for portfolios of limited partnership funds /
Cornelius, Peter, 1960-
Mastering illiquidity : risk management for portfolios of limited partnership funds / [Book] Peter Cornelius, Christian Diller, Didier Guennoc and Thomas Meyer - xvi, 288 pages : illustrations ; 25 cm
Arms investors with powerful new tools for measuring andmanaging the risks associated with the various illiquid assetclasses With risk-free interest rates and risk premiums at record lows,many investors are turning to illiquid assets, such as real estate,private equity, infrastructure and timber, in search of superiorreturns and greater portfolio diversity. But as many analysts,investors and wealth managers are discovering, such investmentsbring with them a unique set of risks that cannot be measured bystandard asset allocation models. Written by a dream team ofglobally renowned experts in the field, this book provides a clear,accessible overview of illiquid fund investments, focusing on whatthe main risks of these asset classes are and how to measure thoserisks in today's regulatory environment. Provides solutions for institutional investors in need ofguidance in today's regulatory environment Offers detailed descriptions of risk measurement in illiquidasset classes, illustrated with real life case studies Helps you to develop reliable risk management tools whilecomplying with the regulations designed to contain the individualand systemic risks arising from illiquid investments Features real-life case studies that capture an array of riskmanagement scenarios you are likely to encounter
All. All.
9781119952428 (hardback) 1119952425 (cloth)
Private equity funds
Portfolio management
Risk management
Ethnopsychology.
Culture.
332.6327
Mastering illiquidity : risk management for portfolios of limited partnership funds / [Book] Peter Cornelius, Christian Diller, Didier Guennoc and Thomas Meyer - xvi, 288 pages : illustrations ; 25 cm
Arms investors with powerful new tools for measuring andmanaging the risks associated with the various illiquid assetclasses With risk-free interest rates and risk premiums at record lows,many investors are turning to illiquid assets, such as real estate,private equity, infrastructure and timber, in search of superiorreturns and greater portfolio diversity. But as many analysts,investors and wealth managers are discovering, such investmentsbring with them a unique set of risks that cannot be measured bystandard asset allocation models. Written by a dream team ofglobally renowned experts in the field, this book provides a clear,accessible overview of illiquid fund investments, focusing on whatthe main risks of these asset classes are and how to measure thoserisks in today's regulatory environment. Provides solutions for institutional investors in need ofguidance in today's regulatory environment Offers detailed descriptions of risk measurement in illiquidasset classes, illustrated with real life case studies Helps you to develop reliable risk management tools whilecomplying with the regulations designed to contain the individualand systemic risks arising from illiquid investments Features real-life case studies that capture an array of riskmanagement scenarios you are likely to encounter
All. All.
9781119952428 (hardback) 1119952425 (cloth)
Private equity funds
Portfolio management
Risk management
Ethnopsychology.
Culture.
332.6327