A “fund of funds (FoF)” is an investment fund that invests in other investment funds rather than investing directly in shares, bonds, or other securities. Sometimes referred to as multi-manager funds, these investment funds pose - apart from the challenges that arise for every portfolio to...

We derive new tests for proper calibration of multivariate density forecasts based on Rosenblatt probability integral transforms. These tests have the advantage that they i) do not depend on the ordering of variables in the forecasting model, ii) are applicable to densities of arbitrary...

In this eye-opening book, Lorenzo Fioramonti provides a much-needed critique of the current 'data fever', showing both the direct consequences and indirect implications of the increasing power of numbers. At the same time, it investigates innovative attempts to resist the invasion of mainstream...