Multi-Dimensional Diversification: Improving Portfolio Selection Using Principal Component Analysis - Softcover

Rankin, Dr Rufus G

Softcover

ISBN 10: 153317850X ISBN 13: 9781533178503

Verlag: CreateSpace Independent Publishing Platform, 2016

Inhaltsangabe

Is your portfolio really diversified? In recent years, markets have become increasingly interconnected, while low cost ETFs and mutual funds have made more and more assets and strategies available to investors. While this has evened the playing field for investors, it has also made it much harder to select appropriate investments. Diversification is not a free lunch! It takes research to identify truly uncorrelated assets – a task that seems to be getting harder all the time. Simply adding more assets does not necessarily increase diversification because many investments have the same underlying return drivers. Multi-Dimensional Diversification introduces Principal Component Analysis (“PCA”), and shows how this tool can help to identify the underlying return drivers in any set of investments – enabling you to identify truly diversifying assets while avoiding unnecessary and potentially harmful over-concentration.

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Über die Autorin bzw. den Autor

Dr. Rufus Rankin is a portfolio manager and the Director of Research of Equinox Institutional Asset Management. Dr. Rankin holds a BA in Philosophy and a Masters in International Studies from North Carolina State University, and a Doctorate of Business Administration (Finance) from Grenoble Ecole de Management.

Details zur Ausgabe

• Verlag: CreateSpace Independent Publishing Platform
• Erscheinungsdatum: 2016
• Sprache: Englisch
• ISBN 10: 153317850X
• ISBN 13: 9781533178503
• Einband: Taschenbuch
• Auflage: 1
• Anzahl der Seiten: 58
• Kontakt zum Hersteller: Manufactured by Amazon on behalf of the author; https://www.amazon.de/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxemburg