'A masterful narration on the digitization of property in China.'Tan YinglanFounding Managing PartnerInsignia Ventures Partners, Singapore'...captures the fascinating story of 'smart city initiatives' and tells you all you need to know.'Ben ShenglinProfessor & DeanInternational Business SchoolZhejiang University, Hangzhou'...smartly combines economics, geo-politics, finance and real estate.'Joshua VargheseFounding Partner, Axia Real Assets, TorontoLong-planned advances in China - in 5G, blockchain, central bank coins, and SME superapps - have coalesced into a new world of digitized, tokenized, and tradable assets. New digital mega-projects like the Blockchain Service Network, smart cities, and new foreign exchange digital rails are animating physical assets: offices, warehouses, homes, and farms. Powered by a network of sensors, AI, and distributed trust, property has digitized wings. The resulting inflow of data from every part of the 'built' world will create new industries, uproot traditional finance, and transform cities.The global trade war is not just a re-ordering of technology: it's a re-ordering of cities. Nations which export this digital technology first will alter the digital fabric of the developing world. A digital Non-Aligned Movement is afoot! One way for the US to catch up is public-private partnerships between Silicon Valley and DC - or just 'copy' China. This book explores the many people and companies, large and small, which are blazing new trails in China's 'Internet of Everything' to transform the way we live, buy, and move.

In today's financial market, portfolio and risk management are facing an array of challenges. This is due to increasing levels of knowledge and data that are being made available that have caused a multitude of different investment models to be explored and implemented. Professionals and researchers in this field are in need of up-to-date research that analyzes these contemporary models of practice and keeps pace with the advancements being made within financial risk modelling and portfolio control. Recent Applications of Financial Risk Modelling and Portfolio Management is a pivotal reference source that provides vital research on the use of modern data analysis as well as quantitative methods for developing successful portfolio and risk management techniques. While highlighting topics such as credit scoring, investment strategies, and budgeting, this publication explores diverse models for achieving investment goals as well as improving upon traditional financial modelling methods. This book is ideally designed for researchers, financial analysts, executives, practitioners, policymakers, academicians, and students seeking current research on contemporary risk management strategies in the financial sector.

Who holds the power in financial markets? For many, the answer would probably be the large investment banks, big asset managers, and hedge funds that are often in the media's spotlight. But more and more a new group of sovereign investors, which includes some of the world's largest sovereign wealth funds, government pension funds, central bank reserve funds, state-owned enterprises, and other sovereign capital-enabled entities, have emerged to become the most influential capital markets players and investment firms, with $30 trillion in assets under management ("super asset owners"). Their ample resources, preference for lower profile, passive investing, their long-time horizon and adherence to sustainability as well as their need to diversify globally and by sector have helped to transform the investment world and, in particular, private markets for digital companies. They have helped create and sustain an environment that has fostered the rise of the likes of Uber, Alibaba, Spotify and other transformative players in the digital economy, while providing their founders and business models the benefit of long-term capital. Despite this increasingly important impact, sovereign investors remain mostly unknown, often maintaining a low profile in global markets. For the same reason, they're also among the most widely misunderstood, as many view investments made by sovereign investors as purely driven by political aims. The general perception is that most sovereign investors lack transparency and have questionable governance controls, causing an investee nation to fear exposure to risks of unfair competition, data security, corruption, and non-financially or non-economically motivated investments. The current global tensions around the AI race and tech competition - and now the corona virus pandemic - have exacerbated such misperceptions, spawning controversies around sovereign investors and capital markets, governments, new technologies, cross-border investments, and related laws and regulations. As such, sovereign capital and the global digital economy are undergoing an unprecedented, contentious moment. In short, the emergence of sovereign funds symbolizes a major shift of the world's economic power. For the first time, investment funds from developing countries are playing with OECD financial giants as equals. Furthermore, their investments into high tech enable them to participate at the cutting-edge of the fourth industrial revolution, challenging traditional innovation powerhouses like the US and Germany. For all stakeholders, from tech unicorns, VC funds, asset managers, financial firms, to policymakers, law firms, academics, and the general public, this is the must-have book to get to know these new venture capitalists and "super asset owners".