Portfolio Construction and Risk Budgeting

In this revised edition, Bernd Scherer delves into the intricate world of portfolio construction and risk management, offering a comprehensive guide that combines theoretical frameworks with practical applications. The author meticulously unveils the principles of risk budgeting, empowering readers to make informed investment decisions that align with their financial goals.

Scherer’s analytical approach not only clarifies complex concepts but also provides valuable insights into the challenges faced by modern investors. With updated examples and a focus on current market trends, this book serves as an essential resource for both seasoned practitioners and newcomers who seek to build robust investment portfolios while effectively managing risk.