Encyclopedia of Alternative Investments by Greg N. Gregoriou

By Greg N. Gregoriou

A pioneering reference crucial in any monetary library, the Encyclopedia of other Investments is the main authoritative resource on substitute investments for college students, researchers, and practitioners during this quarter. Containing 545 entries, the encyclopedia specializes in hedge cash, controlled futures, commodities, and enterprise capital. It positive aspects contributions from famous, revered lecturers and pros from worldwide. greater than a thesaurus, the ebook comprises educational references for cash managers and traders who are looking to comprehend the jargon and delve into the definitions. concerning the Editor Greg N. Gregoriou, Ph.D., is Professor of Finance within the university of industrial and Economics on the country collage of recent York, Plattsburgh, united states. A prolific writer, Dr. Gregoriou is hedge fund editor of the magazine of Derivatives and Hedge cash in addition to an article board member of the magazine of Wealth administration and the magazine of danger administration in monetary associations. His study basically specializes in hedge cash and controlled futures.

Show description

Read Online or Download Encyclopedia of Alternative Investments PDF

Best investments & securities books

Harmonic Trading, Advanced Strategies for Profiting from the Natural Order of the Financial Markets

The main complex Harmonic buying and selling ideas Ever Published--by Their author, Scott Carney!   “Perhaps the best shortcoming of the sphere of Technical research is the excessive measure of subjectivity in expense development interpretation. In Harmonic buying and selling: quantity 2, hugely revered technical analyst Scott Carney reduces subjectivity to a minimal along with his Fibonacci-based expense size recommendations and standard technical research equipment.

Alternative Beta Strategies and Hedge Fund Replication (Wiley Finance)

There s a buzzword that has fast captured the mind's eye of product companies and traders alike: "hedge fund replication". within the broadest feel, replicating hedge fund concepts capability replicating their go back assets and corresponding chance exposures. in spite of the fact that, there nonetheless lacks a coherent photo on what hedge fund replication potential in perform, what its premises are, find out how to distinguish di erent methods, and the place this may lead us to.

Income investing today : safety and high income through diversification

Source of revenue making an investment at the present time source of revenue making an investment this present day information a secure replacement to the disadvantage hazards inherent within the inventory market--income securities which may supply a 7% to eight% annual funds source of revenue. With this booklet, fastened source of revenue specialist Richard Lehmann outlines source of revenue making an investment suggestions you must comprehend, numerous funding autos, and funding options to help you construct a secure, varied portfolio of investments.

The Dick Davis Dividend: Straight Talk on Making Money from 40 Years on Wall Street

A pioneer within the monetary media, Dick Davis has interacted with the making an investment public for over 40 years. together with his new e-book, he keeps this development. the 1st a part of The Dick Davis Dividend comprises an easy-to-read, but profound dialogue of the necessities of investing—focusing at the savvy veteran’s frequently unconventional, middle ideals.

Additional info for Encyclopedia of Alternative Investments

Example text

Dolvin Butler University Indianapolis, USA Ross et al. , IPO) 7/17/2008 10:59:53 AM 8 • Encyclopedia of Alternative Investments is initially sold to the public. Thus, aftermarket performance refers to the gain or loss associated with a security, subsequent to its issuance. The aftermarket can typically be viewed in three distinct phases. First, the initial return, or underpricing, refers to the aftermarket performance on the first day a security trades. This return varies over time with the general level of the market, but Loughran and Ritter (2005) find an average level for recent years is approximately 15%, although during the Internet bubble of 1998– 1999, average underpricing was over 65%.

On the other hand, if the price level is higher at the delivery point than at par location, the seller gets a premium. The futures contract specifies these discounts and premiums for delivering a nonpar commodity or delivering at a nonpar location. Flexibility on the delivery location and grade can increase the efficiency of futures markets by reducing the market manipulation opportunities. indd 13 of a certain variety or at a certain location (Lien and Tse, 2006). Due to this reason, Chicago Board of Trade gave up narrowly defined contracts in the nineteenth century.

The agent’s actions or the managerial effort e cannot be observed by the principal and cannot be deducible from the observation of π. The agency problem arises because there is a conflict between the interests of the principal-owner and those of the agent-manager. On the one hand, higher effort is costlier for the agent and the cost function is c(e), c′ > 0. On the other hand, higher managerial effort increases the probability of higher profits for the principal, that is, the first-order stochastic dominance property holds: F(πԽe) ≥ F(πԽe′), ∀e ∀ > e′, ∀ .

Download PDF sample

Rated 4.14 of 5 – based on 41 votes