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    1. Ekonomi och Ledarskap
    2. Företagsekonomi
    3. Redovisning och finansiering
    4. Finansiering

    Advances in Active Portfolio Management: New Developments in Quantitative Investing

    AvRichard Grinold,Ronald Kahn

    Inbunden, Engelska, 2020

    1 038 kr

    Beställningsvara. Skickas inom 3-6 vardagar. Fri frakt över 249 kr.

    Beskrivning

    From the leading authorities in their field—the newest, most effective tools for avoiding common pitfalls while maximizing profits through active portfolio management


    Whether you’re a portfolio manager, financial adviser, or investing novice, this important follow-up to the classic guide to active portfolio management delivers everything you need to beat the market at every turn.  

    Advances in Active Portfolio Management gets you fully up to date on the issues, trends, and challenges in the world of active management—and shows how to apply advances in the Grinold and Kahn’s legendary approach to meet current challenges. Composed of articles published in today’s leading management publications—including several that won Journal of Portfolio Management’s prestigious Bernstein Fabozzi/Jacobs Levy Award—this comprehensive guide is filled with new insights into:
     
    • Dynamic Portfolio Management
    • Signal Weighting
    • Implementation Efficiency 
    • Holdings-based attribution
    • Expected returns
    • Risk management
    • Portfolio construction
    • Fees     

    Providing everything you need to master active portfolio management in today’s investing landscape, the book is organized into three sections: the fundamentals of successful active management, advancing the authors’ framework, and applying the framework in today’s investing landscape. 

    The culmination of many decades of investing experience and research, Advances in Active Portfolio Management makes complex issues easy to understand and put into practice. It’s the one-stop resource you need to succeed in the world of investing today.




    Produktinformation

    • Utgivningsdatum:2020-01-13
    • Mått:165 x 236 x 58 mm
    • Vikt:1 043 g
    • Format:Inbunden
    • Språk:Engelska
    • Antal sidor:656
    • Förlag:McGraw-Hill Education
    • ISBN:9781260453713

    Utforska kategorier

    • Finansiering inom Ekonomi och Ledarskap

    Mer om författaren

    McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

    Innehållsförteckning

    • Acknowledgments Preface 1 Introduction: Advances in Active Portfolio Management SECTION 1Recap of Active Portfolio Management2 Introduction to the Recap ofActive Portfolio Management Section 3 Seven Insights into Active Management 4 A Retrospective Look at theFundamental Law of Active Management 5 Breadth, Skill, and Time SECTION 2Advances in Active Portfolio ManagementSECTION 2.1 Dynamic Portfolio Management6 Introduction to the Dynamic Portfolio Management Section 7 Implementation Efficiency 8 Dynamic Portfolio Analysis 9 Signal Weighting 10 Linear Trading Rules for Portfolio Management 11 Nonlinear Trading Rules for Portfolio Management SECTION 2.2 Portfolio Analysis and Attribution12 Introduction to the Portfolio Analysis and Attribution Section 13 Attribution 14 The Description of Portfolios SECTION 3Applications of Active Portfolio ManagementSECTION 3.1 Expected Return: The Equity Risk Premiumand Market Efficiency15 Introduction to “A Supply Model of the Equity Premium” 16 A Supply Model of the Equity Premium 17 Introduction to “Is Beta Dead Again?” 18 Is Beta Dead Again? 19 Introduction to “Are Benchmark Portfolios Efficient?” 20 Are Benchmark Portfolios Efficient? SECTION 3.2 Expected Return: Smart Beta21 Introduction to the Smart Beta Section 22 Who Should Buy Smart Beta? 23 Smart Beta: The Owner’s Manual 24 Smart Beta Illustrated 25 The Asset Manager’s Dilemma SECTION 3.3 Risk26 Introduction to the Risk Section 27 Heat, Light, and Downside Risk SECTION 3.4 Portfolio Construction28 Introduction to the Portfolio Construction Section 29 Optimal Gearing 30 The Dangers of Diversification 31 The Surprisingly Small Impact of Asset Growthon Expected Alpha 32 Mean-Variance and Scenario-Based Approachesto Portfolio Selection 33 Five Myths About Fees SECTION 4Extras34 Introduction to the Extras Section 35 Presentations upon Receiving the James R. Vertin Award 36 What Investors Can Learn from a Very Alternative Market 37 UCLA Master of Financial EngineeringCommencement Address SECTION 5Conclusion38 Advances in Active Portfolio Management Conclusions Index