Anh T. Nguyen

Anh T. Nguyen

Doctoral Candidate in Finance at Hanken

Worked as a Finance manager at the world largest elevator firm, best performing equity fund in Europe and entrepreneur

Three MSc in Finance and CEMS MiM at Aalto

Location Finland

Activity

  • Hello @JuanMateoBorreroBrauer ,

    Simply put, volatility is the finance term derived from the statistic term, standard devation or the square root of variance (check the formula). Loosely speaking, you can understand volatility as the average distance from the average value. It measures how the data points fluctuate around the average point. So it helps you...

  • Hello,

    Fee is an important expense from investing services in the market. Generally, ETFs offer lowest fees to invest in the whole broad-based market indices. The more active the fund is, the more fee is charged. As mentioned in the course material, the fee can erase your return over time. Therefore, it needs to be considered carefully in investment...

  • @JustinVaughan

    Risk Premium is generally the rewards for taking a risk, such as equity risk premium. The concept is well established and has long been researched. For example,

    https://www.journals.uchicago.edu/doi/abs/10.1086/258467?journalCode=jpe

    Keep learning!
    Anh Nguyen

  • Hello @JuanMateoBorreroBrauer ,

    As in the material, when correlation is plus one, there is no diversification benefit. Mathematically, the portfolio standard deviation become the weighted average of standard deviation of individual assets. When the correlation is minus one, the most diversification benefit is achieved.

    In practice, assets do have...

  • Hello @LINDASANG ,

    Keep on learning!

    Anh Nguyen

  • Hello,

    When supply is more scarce, price increases. This is the cornerstone economic concept of price equilibrium where supply must equal demand.

    Recent increase in prices or weaker purchasing power of money a.k.a inflation is also caused by the disruption in supply chain. For example, when there is a lack of energy or food supply, these commodity...

  • Hello @AndrewD ,

    Quantitative easing is one of the methods to help pumping money into the market by buying assets from market i.e. bonds. By making money cheaper, it is easier to borrow money to boost consumption for example to boost the economy back to growth from i.e. recession. As said in the material, inflation target is about 2% set by the ECB.

    More...

  • Hello @ElleRees ,

    Good that you have learnt!

    Keep it up!

    Anh

  • Hello @QiMiao ,

    Welcome to the course!

    Anh Nguyen

  • Hello @JuanMateoBorreroBrauer ,

    Accounting information is one of the inputs for valuation in many well accepted valuation models for equity pricing. However, the world of finance has developed many more valuation models in addition to those.

    Best regards,
    Anh Nguyen

  • Hello @ElleRees ,

    Welcome to the learning space!

    Best regards,
    Anh Nguyen

  • Hello @JuanMateoBorreroBrauer ,

    It is a good idea to understand what you are investing in and the cost that comes with it. Prospectus is an important document to read, for example.

    Best regards,
    Anh Nguyen

  • Hello @JuanMateoBorreroBrauer ,

    Welcome to learn more!

    Best regards,
    Anh Nguyen

  • Hello @ВадимДубенко ,

    Welcome to the course!

    Anh Nguyen

  • Hello @MagdyIshak ,

    Risk aversion is one of the key concepts in Finance that we researchers integrate into various well-known financial models.

    Keep learning!
    Anh Nguyen

  • Hello @barberibarberi ,

    Welcome to the course!

    Our course is for everyone!

    Best regards,
    Anh

  • Hello @AndrewD ,

    Return is measured as the percentage change in price or change in the valuation outcome. For example, there is information change that investors decide that the asset is more valuable now that it was before. Or the other way around.

    Best regards,
    Anh Nguyen

  • Hello @AndrewD ,

    Higher risk is ''expected'' to be compensated by higher returrns. Under such condition, investors enter into the investment.

    Best regards,
    Anh Nguyen

  • Hello @IshfaqShah ,

    Keep learning!

    Anh Nguyen

  • Hello @KorneliaPocheć ,

    Welcome to the course!

    Anh Nguyen

  • Hello @TobiasFalkehed ,

    Keep learning!

    Anh Nguyen

  • Hello @AndrewD ,

    Return definition is here: https://www.futurelearn.com/courses/principles-of-wealth-management/4/steps/1798676

    Returns are calculated from the percentage change in price of assets. So when the valuation changes due to i.e. to information coming in, prices change. This change embodies the the positive or negative returns.

    Best...

  • Hi @AndrewD ,

    There are many types of risks. The risk measures are also different across difference asset classes. As in the video, if we know the distribution of the returns well, i.e. normal distribution, the risk can be measured as variance or standard deviation. Yet, in practice return distribution is not normal. One can however assume that when the...

  • @MurtalaJinjiri

    Welcome to strengthen your knowledge even more!

    Anh Nguyen

  • Welcome!

  • Welcome to the course!

  • You could introduce yourself to your co-learners and discuss freely your thoughts here!

    Anh Nguyen

  • Welcome to the course in September 2023!

    Anh Nguyen

  • Hello @KarolinaKrawczyk ,

    We are glad you enjoyed it.

    Anh Nguyen

  • Hello @AndileDongeni ,

    Welcome to the course!

    Anh Nguyen

  • Hello @CyrilDary ,

    You can learn at your own pace. But of course, it is good for you to have a steady speed to get momentum of your knowledge.

    Anh Nguyen

  • Hello @MATHEUSMATOS ,

    Welcome to the course!

    Anh Nguyen

  • Hello @AndileDongeni ,

    Welcome to the course,

    Anh Nguyen

  • Hello @GidalteLucio .

    Keep working towards your dream!

    You will get there.

    Anh

  • Hello @GeorginoKalengTshikwand ,

    The insurance premium is different for different buyers. Those with higher risk profile pays higher insurance premium. That make sense?

    And, in principle, as long as there are large enough buyers, the compensation is smaller than the money insurance companies pool together.

    In modern times, this business model still...

  • Hello @GeorginoKalengTshikwand ,

    Welcome to the course!

    Anh Nguyen

  • Hello @MalinS ,

    Keep it up!

    Look forwards to have you to later week recordings.

    Anh Nguyen

  • Hello @AddisonGeorge ,

    Welcome to the course!

    Anh Nguyen

  • Hello,

    Try another time?

    Hint: Commission is not an exchange

    Anh

  • Hello @JaniceCourtney ,
    Welcome to the course!
    Anh Nguyen

  • @JeremyMarkle

    More about trading on expectation, I find an interesting article for you on Journal of Finance

    https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.1996.tb05223.x

    Best regards,
    Anh Nguyen

  • Hello @CyrilDary ,

    Welcome to join the course!

    Anh Nguyen

  • Hi @FarzanaSiddique

    Raising interest rate makes it more expensive to borrow money from banks, for example, making money more expensive. It is one way to control inflation. However raising interest rate also may hamper economic growth as people are more reluctant to borrow money to invest in businesses.

    Best regards,
    Anh Nguyen

  • Hello @FarzanaSiddique
    In fact wealth management is a large scale business where instutionalized investors manage the large amount of wealth on behalf of clients. To name a view, the Norwegian Pension Fund is the largest sovereign fund in the world.
    Best regards,
    Anh Nguyen