Testimonials for quantitative asset management by michael robbins
Quantitative Asset Management is a comprehensive practical handbook for designing, building, and operating a quantitative investment business. It is a useful reference for investors and quants grounded in academic research yet wishing to thrive in the unforgiving investing world by exploiting structural advantages, such as multi-period rebalancing and modern machine learning methods.
-- Frank J. Fabozzi, Editor, Journal of Portfolio Management and Co-editor, Journal of Financial Data Science
Michael bridges comprehensive risk concepts and its underpinnings to the new generation of artificial intelligence (machine learning) tools to generate investment returns in a volatile and interconnected global markets and economy. The book builds on his experience of building and applying new generation artificial intelligence (machine learning) tools across the full risk lifecycle and spectrum of risk sources. The book offers insights into what works and what to watch out with a practical roadmap for seasoned investment professionals looking to update their knowledge and students looking to bring cutting edge approaches to an investment career.
-- Deven Sharma, Past President, Standard & Poor’s
With impressive precision Michael Robbins has written a remarkable book on the critical questions and answers required when making investment decisions. We need to recognize our limitations and apply the right techniques or tools to operate successfully in the markets. A great and readable book!
-- Dr. Ulrich Stephan, Chief Investment Officer, Deutsche Bank
Quantitative methods are a black box for most institutional investors. Michael pierces the historical opacity of this discipline with a comprehensive and practical guide that should help pave the way for better understanding of quantitative approaches by asset owners and improved monitoring of portfolio characteristics and performance by those responsible for governance. From the top-down aspects of macroeconomics and asset allocation to the bottom-up building blocks of markets, securities, factors, and alphas Michael covers all bases, artfully combining theory and practice in one complete tome.
-- Mark Baumgartner, Ph.D., CFA, Chief Investment Officer, Carnegie Corporation of New York,
Former Chief Investment Officer, Institute for Advanced Study
The biggest determining factor for successful investing is whether or not there is a system in place. Michael Robbins shares a career's worth of systematic thinking in this excellent book. A must-read for all professionals, regardless of their experience level or style.
-- Joshua M. Brown
CEO of Ritholtz Wealth Management and star of CNBC's The Halftime Report
This is a true "how to" book for the investment professional. In addition to providing practical and detailed directions on quantitative investing - covering data analysis, factor investing, asset allocation strategies and much more - it also provides a framework for managing the process and business of investment management. The book lays out the importance of culture, investment policy statements, risk management and even discusses how institutional factors can affect your investment process. Unlike most books in the field, this one truly is geared towards developing total and complete investors.
--Bob Browne, emeritus Chief Investment Officer, Northern Trust
Michael Robbins and Quantitative Asset Management deliver a thought-provoking, revealing and insightful series of perspectives for professional investors, investment committee stewards and others. It is a “must read” for those interested in quantitative investing and committed to continuous learning.
-- Steven L. Fradkin, President, Wealth Management, Northern Trust
Quantitative Asset Management covers the entire investment process with foundational and practical state of the art quantitative, ML and AI methods and strategies. Written from an investor’s perspective, Michael provides valuable and innovative insights on the effective use of big data and technology to analyse investment options and enhance performance -- while addressing important risk management issues. It’s an excellent text for both seasoned finance professionals and students seeking to efficiently learn the latest investment tools and strategies.
Susan Cameron Professor of Finance
Chairman, Eugene F. Brigham Finance, Insurance & Real Estate Department
Director, International Business Center
University of Florida, Warrington College of Business
The challenge with quantitative investing is largely rendering the apparently complex simple. Michael not only manages this feat comfortably, but then goes on to engage the reader by bridging the gap between academia and practice, by offering insights that will make sense to both the experienced investor and interested lay person.
-- Eoin Murray, Head of Investment, Federated Hermes Limited
If you care about investing and have an interest in AI and machine learning then add this book to your basket immediately!
Michael neatly weaves all of the above into a practical ‘do’s and don’ts’ of investment management
-- Dean Berry, Group Head of Trading & Banking Solutions, London Stock Exchange Group
The creation and preservation of wealth are long-term pursuits and inherently involve the proper management of a wide set of risks. Factor modeling now includes machine learning, algorithms, and new inputs from a very deep lake of alternative data. Perspective and experience will always matter, and Quantitative Asset Management is an excellent source for today's practitioner facing new challenges and opportunities as part of their investment due diligence.
-- William J. Kelly, CAIA, Chief Executive Officer, Chartered Alternative Investment Analyst (CAIA) Association