* for millenials and novice investors who wish to understand more of social impact investing and the book provides an easy to follow framework through the Australian case study * fills a market gap as the book looks at how policy making plays a crucial role in the development of impact investing enterprises and addresses how regulatory framework can effect the nurturing of such enterprises * Promises to be a digestible, easy to read guide to impact investing

Within an environment made difficult by the continuing economic crisis, the Italian model for crisis management and resolution has helped to avoid many difficulties faced by intermediaries across the globe. However, the Italian model for crisis management will be forced to adapt to the new EU Bank Recovery and Resolution Directive, which introduces a unified regime for such events in all EU countries. This book explores the various methods for crisis management employed in Italian finance. The authors discuss procedures used in the banking and insurance sectors, such as deposit guarantee schemes and alternative dispute resolution systems. They also explore the evolution of the administrative sanctioning systems, and the roles of tax rules and credit rating agencies in Italian finance. This book analyses the evolution of the various crisis management processes, and discusses potential goals and improvements within the context of recent measures suggested by the European Commission.

This book analyses the impact that stabilization clauses have on the development of human rights and gender laws in resource rich nations. Given the fact that stabilization clauses freeze the law for as long as the contract subsists there has been debate on the negative impact stabilization clauses have on the progressive development of human rights in the host State. Firstly, the book examines the mechanisms investors utilise in protecting themselves from host State prerogatives. It then explores the theoretical basis on which stabilization clauses are applied and upheld by arbitral tribunals, and assesses how they can be drafted in a way that protects human rights, particularly in relation to gender discrimination, without forcing the resource rich nations to lose momentum in attracting foreign direct investment. Using Zambia and the Gender Equity and Equality Act of 2015 as a case study, the book explores the compatibility of the legislation with the stabilization clauses contained in the country's Development Agreements. The book will be of interest to practitioners, scholars and students of international investment law, human rights law and contract law.

"Dunis, Timmermann and Moody have assembled a fascinating and insightful collection of articles that address the latest developments in forecast combination, long memory, and portfolio choice. These papers present state-of-the-art estimation techniques along with relevant empirical applications. Both academics and practitioners will find this anthology to be a worthy addition to their libraries." — Joshua Rosenberg, NYU - Stern School of Business

"A modern book on financial econometrics has to consider interesting and relevant topics from the viewpoint of recently developed techniques that have been shown to actually work. This book delivers in all aspects&The many new techniques displayed include the use of loss functions based on economic rather than statistical criteria, the benefits of combining forecasts, dimension reduction, structural changes, and long memory fractional cointegration, neural networks, and high frequency data techniques applied to exchange rates. The authors provide plenty to think about." — Professor Clive W J Granger, University of California, San Diego

"This book is a welcome addition to the literature on forecasting in financial markets." — Professor Ken Holden, Liverpool Business School

Developments in Forecast Combination and Portfolio Choice brings together papers that address current frontier research within the field of quantitative finance. Focusing on three core themes of model and forecast combinations; structural change and long memory; and controlling downside risk and investment strategies, the book provides an authoritative collection of readings that are relevant to academics and practitioners alike.

Conquer the markets and become a successful day trader

Day trading is a fast-paced, sometimes risky form of investment. Day Trading For Dummies gives you the information you need to get started with this quick-action form of trading for income and maintain your assets. Learn how the market works, how to read and predict price movements, and how to minimize your loss potential, so you can manage your money strategically and create your day trading plan. Expert author Ann Logue will set you on the path to success, showing you the techniques successful day traders use to profit. This new edition covers crypto, AI, meme stocks, new trading options, and the latest strategies. By following market indicators and doing the essential research, you can avoid making critical mistakes and instead make smart trades that earn money.

This is a much-needed work in the financial literature, and it is the first book ever to analyse the use of Special Purpose Acquisition Companies (SPACs) from a theoretical and practical perspective. By the end of 2020, more than 240 SPACs were listed in the US (on NASDAQ or the NYSE), raising a record $83 billion. The SPAC craze has been shaking the US for months, mainly because of its simplicity: a bunch of investors decides to buy shares at a fixed price in a company that initially has no assets. In this way, a SPAC, also known as a "blank check company", is created as an empty shell with lots of money to spend on a corporate shopping spree. Could the trend be here to stay? Are SPACs the new legitimate path to traditional IPO? This book tackles those questions and more. The author provides a thorough analysis of SPACs including their legal framework and how they are used as a risk mitigation tool to structure transactions. The main objectives of the book are focused on finding a working definition for SPACs and theorising on their origins, definition, and evolution; identifying the objectives of financial regulation within the context of the recent financial crisis (2007-2010) and the one that is currently unfolding (Covid-19); and also describing practical examples of SPACs through a comparative study that, for the first time, outlines every major capital market on which SPACs are listed, in order to identify a possible international standard of regulation. The book is relevant to academics as well as policymakers, international financial regulators, corporate finance lawyers as well as to the financial industry tout court.

Addresses FDI from both a theoretical and practical perspective. Very timely - the coronavirus pandemic has reinforced the needs for investment promotion agencies to focus on aftercare. Contains 90+ content boxes (with case study examples from different countries globally). First professional book to focus specifically on the aftercare needed following FDI.

"I urge everyone to read this important new book."-Ron Paul, Host of Ron Paul Liberty Report Americans are facing sticker shock at every turn: from the gas pump to the grocery store and every kind of consumer service. But the eye-popping price increases are just the tip of the iceberg in terms of the threat to the country's economic recovery. Inflation showers windfalls on the rich while penalizing workers, savers, retirees, small businesses, and most of Main Street economic life. New York Times bestselling author and former investment manager David A. Stockman, who served as director of the Office of Management and Budget under President Reagan, explains the roots of today's runaway inflation so investors at all levels can calibrate their financial strategies to survive and thrive despite economic uncertainty. The Great Money Bubble covers the entire economic landscape, including: Why the rising price of assets is far more dangerous than rising consumer prices The inside story on stock market manipulations and the effects of ultracheap debt Why real estate is no longer a guaranteed inflationary hedge Stockman's four-step strategy to protect your savings and portfolio After spearheading the economic policy for the Reagan Revolution, Stockman worked on Wall Street at the highest levels, and is now an adviser to professional investors. With this book, readers at all investment levels can have access to his groundbreaking financial advice.

Fixed income investments have been a topic of broad interest, in particular for institutional investors such as insurance companies and pensions schemes. They were considered safe heavens in turbulent times by almost all other institutional and individual investors and are used for strategies such as portfolio immunization and asset liability matching (ALM). The latest crisis, however, revealed some of the weaknesses of fixed income instruments. They proved to be not as safe as originally thought with both credit and interest rate risks emerging. Consequently, fixed income investments have been in the spotlight once more. This book presents all aspects pertaining to fixed income investments, starting from the basics-i.e. the types of bonds, their valuation, the interest rate term structure-then moving to fixed income portfolio management and the interest rate and credit derivatives and their relevant markets, funds, risks and risk management. Finally, the book addresses contemporary issues such as their behavior in times of crisis, their relation to debt, their coexistence with equity and the current regulatory environment. This book, providing a look at the broader environment of fixed income alongside the current market structure, will be of interest to students, academics, researchers and practitioners in fixed income and investing strategies.

The Essentials of Social Finance provides an interesting, accessible overview of this fascinating ecosystem, blending insights from finance and social entrepreneurship. It highlights the key challenges facing social finance, while also showcasing its vast opportunities. Topics covered include microfinance, venture philanthropy, social impact bonds, crowdfunding, and impact measurement. Case studies are peppered throughout, and a balance of US, European, Asian, and Islamic perspectives are included. Each chapter contains learning objectives, discussion questions, and a list of key terms. There is also an appendix explaining key financial concepts for readers without a background in the subject, as well as downloadable PowerPoint slides to accompany each chapter. This will be a valuable text for students of finance, investment, social entrepreneurship, social innovation, and related areas. It will also be useful to researchers, professionals, and policy-makers interested in social finance.

This Open Access publication focuses on China's goal of achieving peak carbon emissions in 2030 and carbon neutrality by 2060. The book is the first to systematically build a framework combining a top-down and bottom-up analysis of this acute topic. What does carbon neutrality mean for economics in China? Might it imply stagflation or is it an opportunity to maximize the potential of green manufacturing? The book offers a comprehensive analysis of how the pursuit of carbon neutrality may influence the development of China's economy, and the country's biggest industries, while foreseeing the likely changes in people's lifestyles. In total, the book constructs a comprehensive path for China's carbon neutrality drive from the perspective of the green premium. This effort lays the foundation for a discussion of the country's emissions reduction plan. The book goes further, calculating the investment required for different sectors to achieve carbon neutrality, and illustrating the roles of carbon pricing and green finance in this undertaking. The book's information comes from a network of primary sources, including experts in the field and noted academics, to depict potential low-carbon roadmaps and green transitions in major industries. Emphasized is green development in sectors that will be critical to civilization, including in technology, energy, manufacturing, transportation, and urban planning, which are backed by in-depth discussions and analyses. Accessible and academically rigorous, the work is anchored in the economics of carbon neutrality, extends to potential policy implications and identifies investment opportunities. This valuable reference will attract readers interested in public policy, economics, finance, and investors who seek to better understand China's prospects in the low-carbon economy of the near future.

An accessible and practical guide to personal finance that busts myths, clarifies jargons and clarifies the best options for building your wealth More and more people are reassessing their lives as a result of the pandemic. Many have left their jobs or reduced their hours. Others have resolved to work only as long as they must, retiring early to focus on families and friends, hobbies or travel. Meanwhile, employers all over the world are experimenting with a four-day week. Making the most of these choices requires having and growing enough money to enjoy your future life, without needing to worry about it running out. But when it comes to investing in a pension, there is a dizzying number of complex options available. This book is designed to provide clear, objective guidance that cuts through the jargon, giving you control over your financial future. The authors strip away the marketing-speak, and through simple graphs, charts and diagrams, provide an evidence-based money manual that you can use again and again. They also alert you to myths and get-rich-quick schemes everyone should avoid. It's a highly practical and refreshingly honest book, written by two independent experts who have seen how the investment industry works from the inside, and how it profits from complexity, ignorance and fear. They show, in practical language, how UK savers and investors can beat this system and, crucially, make more money for themselves than they do for financial services firms.

The definitive book on adapting the classic work of Richard Wyckoff to today's markets

Price and volume analysis is one of the most effective approaches to market analysis. It was pioneered by Richard Wyckoff, who worked on Wall Street during the golden age of technical analysis. In "Trades About to Happen," veteran trader David Weis explains how to utilize the principles behind Wyckoff's work and make effective trades with this method.

Page by page, Weis clearly demonstrates how to construct intraday wave charts similar to Wyckoff's originals, draw support/resistance lines, interpret the struggle for dominance in trading ranges, and recognize action signals at turning points.Analyzes markets one bar chart at a time, which recreates the ambiguity of actual tradingEmphasizes reading price/volume charts without a secondary reliance on mathematical indicatorsIncludes a short study guide in the appendix to help readers master the material

Filled with in-depth insights and practical advice, "Trades About to Happen" promises to be the definitive work on utilizing Wyckoff's classic methods in today's turbulent markets.

Why do so many traders and investors - ones with sophisticated, powerful, and diligently applied systems - lose? For the answers and the solutions, look no further. This unique, fully revised guide to the psychology of trading and investing explains how regardless of even the best system, the weakest link in the chain is always the trader - in particular, the trader's self-discipline and self-control. To help you shore up your defenses, this authoritative but jargon-free mental toughness training manual offers a complete and highly effective investment psychology regimen that interweaves psychoanalysis, learning theory, social psychology, creative visualization, and hard-earned trading savvy. Turn here for all the rules and guidelines of Jake Bernstein's exclusive brand of psychological trading techniques...models of successful traders to emulate...techniques that sharpen and make your perceptions of others and situations more reliable...tips on scheduling, self-discipline, and developing a positive attitude that will put you on the road to consistently profitable trading. For example, you'll find techniques, insights, and explanations on how to lose less on bad trades, make more on profitable ones; learn from your failures what's working for you, and what's not; learn how not to be a slave to the market, and how to master the market by mastering yourself; find trading systems and methods that best suit your temperament, finances, and personality; and determine your position as a trader - long-term, short-term, or otherwise - with a new confidence.

This Palgrave Pivot examines the essence of competence value in corporate and small business finance, offering empirical evidence to better understand financial practices within entrepreneurial settings. Mantovani suggests an innovative methodology to detect the financial value of entrepreneurial capabilities. He shows how the concept of competence value and T-ratio, its measurement tool, are necessary to arrange sound entrepreneurial finance deals. This book opens with an analysis of how entrepreneurial skills contribute to the economics of entrepreneurial business, and then provides a financial background to estimate the competence value even when the financial markets fail to do so. The book goes on to introduce the idea of an entrepreneurial life-cycle made of stages based on the transformation of human skills into competitive hallmarks. Applications across a large sample of companies and Mantovani's concluding suggestions about the financial practice make this book essential to both academics and executives.

Invaluable information regarding one of the biggest worldwide growth areas in investing-infrastructure assets

Infrastructure investing is about to explode on the worldwide scene. The fact is that real money will need to be spent on real projects-which will present real opportunities for stable, long-term returns. But infrastructure assets have unique characteristics and the investments and funds that will likely rise up must be suitably structured to serve investor needs.

Author Rajeev Sawant has been analyzing infrastructure investments, funds, and project financing programs for nearly five years, and with this book, he presents information that will be invaluable to lenders, pension funds, insurance companies, investment funds, rating agencies, and even governments.Presents comprehensive data analysis on infrastructure cases worldwideAnalyzes the opportunities as well as the pitfalls of infrastructure investingFocuses on the needs of pensions, insurance companies, and endowments interested in infrastructure investing

For the next decade, worldwide economic growth and increased employment-as well as investment returns-will come from infrastructure projects. This book will help you understand today's dynamic infrastructure asset class and quickly get you up to speed on the unique risks and rewards associated with it.

Praise for SuperCa$h

"A lively and intelligent work."
--Adam Smith, author of Supermoney

"James Altucher is scary smart, and also a font of great and original ideas. So it's no surprise that SuperCa$h is so much fun to read and so devilishly informative. It is equally full of 'holy cow!' moments and 'why-didn't-I-think-of-that?' moments. A true keeper."
--Stephen J. Dubner, coauthor of Freakonomics

"Altucher describes in easy-to-understand terms the strategies used by the smartest managers in the world--those who are running the hottest hedge funds--to show how they are making money today. SuperCa$h is a great primer for those who are looking to trade like the pros. And it helps that Altucher writes in a clear and fun style!"
--John Mauldin, President of Millennium Wave Advisors, LLC, and author of Bull's Eye Investing

As hedge funds have become more mainstream, some of their strategies have become less capable of producing extraordinary returns. In response to this, hedge funds and other sophisticated investors have found new ways to turn cash into supercash in today's tough markets.

In this book, hedge fund manager James Altucher examines new ways--currently utilized by hedge funds and savvy investors--to get beyond the efficiency of today's markets and supersize your returns.

For commodity traders and portfolio managers—a practical, hands-on guide to profiting in today’s growing international cross rate markets. Cross rates trading is growing increasingly popular, fueled in no small part by banks and multinationals seeking creative strategies for hedging currency risk and speculators seeking profits from interest rate plays and exchange rate moves. Trading Currency Cross Rates is the passkey to this vastly profitable financial sector. Written for the experienced trader moving into the currency futures and foreign exchange cash markets, as well as for the corporate portfolio manager seeking to limit company exposure, this professional guide covers the fundamentals of today’s cross rates markets and delivers the step-by-step techniques needed to trade cross rates successfully. Packed with charts and tables that apply over a broad range of international markets and currencies, the guide:

• Explains what cross rates are and profiles the different types that currently are traded
• Shows whether to trade on an agency or principal basis, and how to avoid counterparty failure
• Covers the building blocks of currency valuation and the best methods for forecasting moves in currency cross rates
• Reveals how to profitably trade exotic cross rates among currencies from the Pacific Rim and Middle East
• Explains how to cross over to the growing interbank currency market, and which fundamental and technical analysis techniques specifically apply to it
• Discusses how to easily adapt any current trading system and its input to the profitable cash markets

This book covers the latest advances in the theory and practice of public investment management. It includes the most up-to-date developments in the implementation of public asset management - including multiple contributions on portfolio allocation in varying interest-rate and credit-risk environments. Other highlights include implementation, performance attribution and governance issues surrounding reserves management, portfolio construction techniques appropriate for public investors and an in-depth discussion of the challenges to achieving international diversification.

Goal-based investing is a new paradigm that is expected to have a profound and long-lasting impact on the wealth management industry. This book presents the concept in detail and introduces a general operational framework that can be used by financial advisors to help individual investors optimally allocate their wealth by identifying performance-seeking assets and hedging assets. Grounded in the principles of asset pricing and portfolio optimisation, the goal-based investing approach leads to the design of investment solutions that truly respond to investors' problems, which can most often be summarized as follows: secure essential goals with the highest confidence level and maximize the chances to reach aspirational goals.A series of case studies guides the reader through the implementation of goal-based investing, illustrates the efficiency of this paradigm and explains how one can accommodate a variety of implementation features such as taxes, short-sales constraints, parameter estimation risk, as well as limited customisation.

Successful startups and small businesses can play a significant role in economic growth and job creation. They also contribute to economic dynamism by spurring innovation and injecting competition. Startups are known to introduce new products and services that can create new value in the economy. It is notable that most startups exit within their first ten years, and most surviving young businesses do not grow but remain small. Startups and small businesses face several obstacles to their development. Accessing capital is a crucial constraint on their growth. Most startups and small businesses have difficulties getting the funds they need because of their lack of a performance track record and lack of collateral, making it difficult for lenders or investors to assess their risk. Besides, they are in the early stages of development and face a very high possibility of failure, which significantly raises financing and investment risk.Investment in Startups and Small Business Financing provides 12 thematic and case studies on new methods for bringing private investment (loans or equity) to startups and easing small businesses' access to finance (debt and capital). The contributors are senior-level policy experts and researchers from governments, think tanks, academia, and international organizations. The chapters are authored in a policy-oriented way to be understandable for the readers with a different background. This book is a precious source for the governments for adopting the right policies to develop small businesses and startups and valuable for the researchers in economics, business, and finance.

This authoritative book enables readers to evaluate the various performance and risk attributes of mutual funds, while also serving as a comprehensive reference for students, academics, and general investors alike. Providing a balance of theory and application, the chapters combine clear summaries of existing research with practical guidelines for mutual fund analysis.

The chapters cover a broad range of topics, including understanding the advantages and disadvantages of mutual funds and long and short-term investing, evaluating stock/bond allocations within fund portfolios, assessing fund diversification risk, measuring fund returns and risk, and making fund buy/sell decisions. Throughout the text, step-by-step decision checklists guide readers in the analysis and selection of various mutual funds. Treating all the major theoretical issues in mutual fund analysis and portfolio management, this book is both a thorough resource and a practical guide.

In the current era of globalised financial markets, the stock market cannot be assessed solely by comparing quantitative features such as the number of listed companies or capitalisation on the stock exchange. This is of secondary importance from an investor's point of view. What is important, however, is how a given stock market behaves towards the environment - whether it is 'hyperactive' or 'excessively lethargic' in response to information. This book provides an innovative tool for assessing global stock markets. It describes the complex concept of 'stock market development' in light of classical and behavioural finance theories and considers both quantitative (the number of listed companies, turnover, etc.) and behavioural aspects (price volatility, the behaviour of fundamental indicators of listed companies). Based on an innovative method for assessing development, the author analyses 130 stock markets, indicating those that are more developed in terms of quantity and behaviour. Ultimately, this enables the assessment of which markets are more or less developed and why. This knowledge, used properly, offers an advantage over other financial market participants, and allows for the comprehensive assessment of individual stock markets, which can support the process of making good investment decisions. The book is an invaluable resource for research fellows and students in economics, particularly the field of finance. It is also addressed to business and stock market practitioners, such as financial market analysts, brokers and investment advisers.