The standard deviation of investment returns is widely accepted as the best, and perhaps
only commonly used indicator of portfolio risk in the investment management business. …

Since the financial crisis, the private-label residential mortgage-backed securities (RMBS)
market has remained stagnant, in large part because of regulations put in place during the …

The popular value at risk (VaR) measure is one ofthe most recent additions to the set oftools
available to financial risk managers. VaR estimates may be used to provide not only a …

This article analyzes Treasury Inflation Protected Securities (TIPS), one of the new
instruments offered in capital markets. TIPS have not received adequate attention to date from …

This article focuses on describing the recent granular strategies pursued by investors to get
closer to the active value creation activities in US single-family residential investing. Since …

A nonlinear transient coupled flap-lag-torsion aeroelastic response and stability analysis of
articulated counterrotating Ultra Higb Bypass fans is presented. Hinged or elastic blade …

In structured finance transactions, a trustee works collaboratively with the issuer and servicer
to protect the financial interest of the investors. A trustee, in contrast to the role of issuer or …

We have previously developed a fixed-income sector optimization methodology to facilitate
tradeoffs between various sectors based on their contribution to the total portfolio return and …

The regulatory challenges facing financial institutions (banks, insurers, credit unions, hedge
funds, pension funds, and so on) since the 2008 financial crisis require significant over-…

Value-at-risk (VAR) statistics are often calculated by a variance-covariance matrix methodology.
However, such an approach ignores the well known fact that high frequency financial …