Return Targets and Shortfall Risks
Download or Read eBook Return Targets and Shortfall Risks PDF written by Martin L. Leibowitz and published by Irwin Professional Publishing. This book was released on 1996 with total page 536 pages. Available in PDF, EPUB and Kindle.
| Author | : Martin L. Leibowitz |
| Publisher | : Irwin Professional Publishing |
| Total Pages | : 536 |
| Release | : 1996 |
| ISBN-10 | : UOM:35128001835899 |
| ISBN-13 | : |
| Rating | : 4/5 (99 Downloads) |
Book Synopsis Return Targets and Shortfall Risks by : Martin L. Leibowitz
Book excerpt: The shortfall risk measure provides the advantage of treating higher expected returns as a cushion against the full impact of volatility, and it can also be used to help the fund maintain its minimum target levels as interest rates change.
