Advanced Portfolio Management

As the first-ever definitive guide to Asset/Liability Management (ALM) across financial institutions, this book is essential in developing consistent frameworks for risk management. Leveraging the experience of 38 senior industry practitioners, it provides a unique and practical perspective on the practice of ALM covering:

- The management, techniques and practices of ALM in financial institutions

- The challenges facing depository institutions, the insurance industry, pension and mortgage providers

- The regulatory and accounting aspects of ALM options and decisions

The JAM Study Guide is designed to help you organize the overwhelming mound of material and make sense of the difficult sections. This will save you time, energy and give you a better chance to pass on the first try.

ACTEX Study Manual for the SOA Advanced Portfolio Management Exam is a thorough guide to helping the student pass this massive exam.

The manual contains very thorough notes, explanations, and clarifications of the syllabus readings and original practice problems on the following topics:

Investment Management Process
Financial Instruments
Asset Allocation
Managing Equity & Alternative Asset Portfolios
Managing Fixed Income Portfolios
Quantitative Techniques
Performance Measurement
Behavioral Finance

Introduces the modern investment management techniques used by Goldman Sachs asset management to a broad range of institutional and sophisticated investors.
* Along with Fischer Black, Bob Litterman created the Black-Litterman asset allocation model, one of the most widely respected and used asset allocation models deployed by institutional investors.
* Litterman and his asset management group are often a driving force behind the asset allocation and investment decision-making of the world's largest 100 pension funds.

The world’s #1 fixed income book, now with 21 all-new chapters

The Handbook of Fixed Income Securities occupies the top spot as the most authoritative, widely read reference in the global fixed income marketplace. First published in 1983, this comprehensive survey of current knowledge features contributions from leading academics and practitioners and has carved out a niche that cannot and will not be equaled by any other single sourcebook.