Risk Budgeting: Portfolio Problem Solving with VaR

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Summary: Hands on and rigorous
Review: A very well written book on Risk Budgeting from a modern perspective. VAR methodologies, stress testing and working examples are very well written and a must for anyone wanting to either get into the risk measurement/ management field or an advanced practitioner in the field. I would highly recommend this book for someone wanting to get the both the theoritical and hands on practical approach to risk measurement of equity and fixed income portfolios.

Rating:
Summary: Risk Budgeting: Portfolio Problem Solving with VaR
Review: Risk Budgeting: Portfolio Problem Solving with VaR by Neil D. Pearson covers the hottest topic in investment for multitrillion pension market and institutional investors.

Rating:
Summary: Title and subject don't match.
Review: This is a book on VaR masquerading as a book on Risk Budgeting. I would guess that the publisher changed the name of the book.

There are about fourty pages of three hundred that actually deal with risk budgeting: the first 153 pages are an outline of VaR. Its a fair introduction to VaR, but the title is misleading.