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A new book by a University of Luxembourg Professor provides new insights, ideas and empirical evidence that will improve tools and methods at our disposal for fund performance analysis. Associate-Professor Virginie Terraza, from the Centre for Research in Economics and Management, in the Faculty of Law, Economics and Finance together with Associate-Professor Hery Razafitombo from the University of Lorraine, have written «Understanding Investment Funds: Insights from performance and risk analysis» which is published by Palgrave Macmillan. Since the beginning of the decade, the frequency and impact of financial crises have gained magnitude and traditional risk protection practices are no longer sufficient for modern risk management practice. With the multiplication of both investment...
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