2018年FRM二级-第四册.pdfVIP

2018 FINANCIAL RISK MANAGER (FRM ) EXAM PART II Seventh Custom Edition fo r the Global Association o f Risk Professionals RISK MANAGEMENT AND INVESTMENT MANAGEMENT PEARSON ALWAYS L E A R N I N G 2018 Financial Risk Manager (FRM®) Exam Part II Risk Management and Investment Management Seventh Custom Edition for Global Association of Risk Professionals Global Association CpGARP of Risk Professionals Copyright © 2018, 2017, 2016, 2015, 2014, 2013, 2012 by Pearson Education, Inc. All rights reserved. Pearson Custom Edition. This copyright covers material written expressly for this volume by the editor/s as well as the compilation itself. It does not cover the individual selections herein that first appeared elsewhere. Permission to reprint these has been obtained by Pearson Education, Inc. for this edition only. Further reproduction by any means, electronic or mechanical, including photocopying and recording, or by any information storage or retrieval system, must be arranged with the individual copyright holders noted. Grateful acknowledgment is made to the following sources for permission to reprint material copyrighted or controlled by them: Factor Theory, Factors, Alpha (and the Low-Risk Portfolio Performance Evaluation, by Zvi Bodie and Anomaly) and Illiquid Assets by Andrew Ang, Alan J. Marcus, reprinted from Investments, 10th reprinted from Asset Management: A Systematic edition (2013), by permission of the McGraw-Hill Approach to Factor Investing (2014), by permission Companies. of Oxford University Press.