What We Are Reading Today: Introduction to Partial Differential Equations

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Updated 10 May 2020

What We Are Reading Today: Introduction to Partial Differential Equations

Author: Gerald B. Folland

The second edition of Introduction to Partial Differential Equations, which originally appeared in the Princeton series Mathematical Notes, serves as a text for mathematics students at the intermediate graduate level.
The goal is to acquaint readers with the fundamental classical results of partial differential equations and to guide them into some aspects of the modern theory to the point where they will be equipped to read advanced treatises and research papers. This book includes many more exercises than the first edition, offers a new chapter on pseudodifferential operators, and contains additional material throughout.
The first five chapters of the book deal with classical theory: First-order equations, local existence theorems, and an extensive discussion of the fundamental differential equations of mathematical physics.
The techniques of modern analysis, such as distributions and Hilbert spaces, are used wherever appropriate to illuminate these long-studied
topics.


What We Are Reading Today: Quantitative Management of Bond Portfolios

Updated 29 May 2020

What We Are Reading Today: Quantitative Management of Bond Portfolios

Authors: Lev Dynkin, Anthony Gould, Jay Hyman, Vadim Konstantinovsky and Bruce Phelps

The practice of institutional bond portfolio management has changed markedly since the late 1980s in response to new financial instruments, investment methodologies, and improved analytics. Investors are looking for a more disciplined, quantitative approach to asset management. Here, 5 top authorities from a leading Wall Street firm provide practical solutions and feasible methodologies based on investor inquiries. 

While taking a quantitative approach, they avoid complex mathematical derivations, making the book accessible to a wide audience, including portfolio managers, plan sponsors, research analysts, risk managers, academics, students, and anyone interested in bond portfolio management.

The book covers a range of subjects of concern to fixed-income portfolio managers — investment style, benchmark replication and customization, managing credit and mortgage portfolios, managing central bank reserves, and risk optimization.