Portfolio Representations: A Step-By-Step Guide to Representing Value, Exposure and Risk for Fixed Income, Equity, Fx and Derivatives

by Jem Tugwell

This book provides a practical and sophisticated insight into each financial asset type, and how the different risks and exposures they involve should be most accurately combined and represented in a portfolio. The financial issues facing the world since the late 2000s have provided the asset management community with a brutal reminder of the importance of having genuine knowledge of portfolio structures and the risks embedded within them. More so than ever, fund managers need a clear and consistent way of separating value from exposure in their portfolios, allowing a complete 'look-through' to the real risks contained in derivatives and pooled/structured products. Equally, as fund managers are driven to find risk-adjusted rather than just raw returns, it is imperative that risk measures and the understanding derived from them are applied to the entirety of a portfolio, as opposed to just particular asset classes or sections. This book, written by hugely experienced investment expert Jem Tugwell, provides a practical and comprehensive solution. Written in plain English and carefully structured to be easy to use, this is the definitive guide to accurately and quickly representing value in financial portfolios of every complexity. Taking the reader through each asset type in turn, with detailed workings and explanations, it is the most lucid and helpful professional guide yet written on the subject - and something no one working in this area can afford to be without.

484 pages, Kindle Edition

First published December 14, 2011

About the author

Jem Tugwell is a crime fiction author with a Crime Writing MA from City University. In a past life, Jem had a successful career in IT and investment management. He lives in Surrey with his wife and has two great children. Outside of his family and writing, Jem's loves are snowboarding, old cars and bikes.

Jem is inspired by the law of unintended consequences, the fascinating possibilities of technology and all the things that might happen.

Jem’s books include:

DISHONOURED - In this psychological thriller, Dan’s world is pulled from under him in a single moment - now he has to fight for family.

iMe Series – near future detective crime thrillers:

PROXIMITY (Book 1) – When years of embedded technology have eradicated crime, DI Clive Lussac finally has a case to challenge him.

NO SIGNAL (Book 2) – Clive and Zoe are back on the trail of four gamers with a hidden agenda.

You can find out more about Jem and his books at www.jemtugwell.com, on Twitter @JemTugwell or Facebook JemTugwellAuthor