A bridge between the highly technical theory of the statistical distribution of asset returns and real-world applications for portfolio and risk management
This unique book gives non-technical readers an understanding of the highly technical mathematics behind how portfolio management, risk management, and option pricing modeling should and can be
undertaken when the assumption of a non-normal distribution for asset returns is appropriate.
Svetlozar (Zari) Rachev, PhD, Dr Sci-Russian Academy of Sciences (Santa Barbara, CA), is currently Chair-Professor at the University of Karlsruhe in the School of Economics and Business
Engineering and Professor Emeritus at the University of California, Santa Barbara. He is also the Founder of Bravo Risk Management Group and Chief Scientist of FinAnalytica. Frank J. Fabozzi,
PhD, CFA, CPA (New Hope, PA) is the Frederick Frank Adjunct Professor of Finance at Yale University's School of Management, the Editor of the Journal of Portfolio Management, and a consultant.
Christian Menn, Dr. rer. pol (Ithaca, NY), is a Post-Doctorate Fellow at the University of Karlsruhe Business School and a visiting scientist at Cornell University's School of Operations
Research and Industrial Engineering.
