{"product_id":"9780081011485","title":"Engineering Investment Process: Making Value Creation Repeatable","description":"\u003cp\u003e\u003ci\u003eEngineering Investment Process: Making Value Creation Repeatable\u003c\/i\u003e explores the quantitative steps of a financial investment process. The authors study how these steps are articulated in order to make any value creation, whatever the asset class, consistent and robust. The discussion includes factors, portfolio allocation, statistical and economic backtesting, but also the influence of negative rates, dynamical trading, state-space models, stylized facts, liquidity issues, or data biases. Besides the quantitative concepts detailed here, the reader will find useful references to other works to develop an in-depth understanding of an investment process.\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eBlends academic research with practical experience from quants, fund managers, and economists \u003c\/li\u003e\n\u003cli\u003ePuts financial mathematics and econometrics in their rightful place \u003c\/li\u003e\n\u003cli\u003ePresents useful information that will increase the reader's understanding of markets\u003c\/li\u003e\n\u003cli\u003eClearly provides both the global framework, the investment process, and the useful econometric and financial tools that help in its construction\u003c\/li\u003e\n\u003cli\u003eIncludes efficient tools taken from up-to-date econometric and financial techniques\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Elsevier Science","offers":[{"title":"Default Title","offer_id":47077037277424,"sku":"9780081011485","price":150.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780081011485_p0.jpg?v=1763639020","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780081011485","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}