Andrew Adams – Investment Mathematics

Description

Investment Mathematics supplies an introductory evaluation of investments from a quantitative viewpoint, drawing collectively lots of the instruments and methods required by funding professionals.
Using these methods, the authors present easy analyses of plenty of securities together with fastened curiosity bonds, equities, index-linked bonds, overseas foreign money and derivatives. The e-book concludes with protection of different functions, together with trendy portfolio idea, portfolio efficiency measurement and stochastic funding fashions.

Table of Contents

Preface.

Acknowledgements.

PART I: SECURITY ANALYSIS.

Compound Interest.

Fixed-interest Bonds.

Equities and Real Estate.

Real Returns.

Index-linked Bonds.

Foreign Currency Investments.

Derivative Securties.

PART II: STATISTICS FOR INVESTMENT.

Describing Investment Data.

Modelling Investment Returns.

Estimating Parameters and Hypothesis Testing.

Measuring and Testing Comovements in Returns.

PART III: APPLICATIONS.

Modern Portfolio Theory and Asset Pricing.

Market Indices.

Portfolio Performance Measurement.

Bond Analysis.

Option Pricing Models.

Stochastic Investment Models.

Compound Interest Tables.

Student’s t Distribution: Critical Points.

Areas within the Right-hand Tail of the Normal Distribution.

Index.

Author Information

ANDREW ADAMS is Senior Lecturer in Finance and Director of the Centre for Financial Markets Research on the University of Edinburgh. He has studied monetary markets for over thirty years, as a practitioner within the City of London and as an instructional. His analysis pursuits focus primarily on funding belief pricing and threat.

PHILIP BOOTH is Professor of Insurance and Risk Management on the Sir John Cass Business School, City of London and Editorial and Programme Director on the Institute of Economic Affairs. He is a former particular adviser on the Bank of England and beforehand held the Chair in Real Estate Finance and Investment on the Sir John Cass Business School. He has a protracted expertise of instructing and researching within the fields of funding and social insurance coverage and is creator or co-author of plenty of books and papers in these fields. Philip Booth is a Fellow of the Institute of Actuaries and of the Royal Statistical Society.

DAVID BOWIE is a Partner and head of quantitative evaluation within the Investment Practice of Hymans Robertson Consultants & Actuaries. His focus is on the event and utility of asset/legal responsibility modelling and using capital market idea in offering funding recommendation to pension funds and different institutional traders.

DELLA FREETH is Reader in Education for Health Care Practice at St Bartholomew School of Nursing and Midwifery, City University, the place she conducts quantitative and qualitative analysis.

The Wiley Advantage

• Clearly explains the fundamentals of funding arithmetic and statistics
• Provides quite a few sensible examples
• Self-contained chapters in order that reader can select acceptable path primarily based on personal wants
• Excel spreadsheets containing labored examples
• Questions and solutions part