{"title":"Series: Advances in Financial Engineering","description":"\u003cp\u003e\u003cstrong\u003eAdvances in Financial Engineering\u003c\/strong\u003e offers readers a thoughtful exploration of modern finance through a multidisciplinary lens. This series delves into the complexities of investment strategies, risk management, and market dynamics, blending insights from finance, business, and technology to illuminate the evolving landscape of financial innovation.\u003c\/p\u003e\n\n\u003cp\u003eBeyond pure finance, the collection touches on philosophical and psychological aspects influencing economic behaviour, providing a richer understanding of how markets operate. Whether you are a professional or an interested reader, these works present sophisticated concepts with clarity and depth, inviting reflection on the forces reshaping global finance.\u003c\/p\u003e","products":[{"product_id":"hedge-funds-by-andrew-w-lo-9780691145983","title":"Hedge Funds","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThe hedge fund industry has grown dramatically over the last two decades, with more than eight thousand funds now controlling close to two trillion dollars. Originally intended for the wealthy, these private investments have now attracted a much broader following that includes pension funds and retail investors.\u003c\/p\u003e\n\n\u003cp\u003eBecause hedge funds are largely unregulated and shrouded in secrecy, they have developed a mystique and allure that can beguile even the most experienced investor. In \u003cem\u003eHedge Funds\u003c\/em\u003e, Andrew Lo—one of the world's most respected financial economists—addresses the pressing need for a systematic framework for managing hedge fund investments.\u003c\/p\u003e\n\n\u003cp\u003eArguing that hedge funds have very different risk and return characteristics than traditional investments, Lo constructs new tools for analysing their dynamics, including measures of illiquidity exposure and performance smoothing, linear and nonlinear risk models that capture alternative betas, econometric models of hedge fund failure rates, and integrated investment processes for alternative investments.\u003c\/p\u003e\n\n\u003cp\u003eIn a new chapter, he looks at how the strategies for and regulation of hedge funds have changed in the aftermath of the financial crisis.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47596572737772,"sku":"9780691145983","price":109.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780691145983-hedge-funds.jpg?v=1777930544"}],"url":"https:\/\/bookhero.co.nz\/collections\/series-advances-in-financial-engineering.oembed","provider":"Book Hero","version":"1.0","type":"link"}