For many years asset management was considered to be a marginal activity, but today, it is central to the development of financial industry throughout the world. Asset management's transition from an "art and craft" to an industry has inevitably called integrated business models into question, favouring specialisation strategies based on cost optimisation and learning curve objectives. This book connects each of these major categories of techniques and practices to the unifying and seminal conceptual developments of modern portfolio theory. In these bear market times, performance evaluation of portfolio managers is of central focus. This book will be one of very few on the market and is by a respected member of the profession. Allows the professionals, whether managers or investors, to take a step back and clearly separate true innovations from mere improvements to well-known, existing techniques Puts into context the importance of innovations with...
"synopsis" may belong to another edition of this title.
Asset management has become central to the development of the financial industry, both in the United States and Europe. The increasing number of cross-border merger and acquisition operations and the extremely high valuations that are put on those operations are evidence of the major financial establishments' desire to invest in a sector that they consider to be essential to their strategy of globalising and "financialising" their activities.
Asset management's transition from an "art and craft" to an industry has inevitably called integrated business models into question, favouring specialisation strategies based on cost optimisation and learning curve objectives.
Faced with an abundance of tools and academic references, it is important to place all the practices, empirical studies and innovations in their context, given that they are always described as "major" by their promoters in the area of portfolio theory.
Portfolio Theory and Performance Analysis
This book connects each of the major categories of techniques and practices to the unifying and seminal conceptual developments of modern portfolio theory, whether these involve measuring the return on a portfolio, analysing portfolio risk or evaluating the quality of the portfolio management process.
Noel Amenc is professor of finance at the Edhec Business School, where he is in charge of the Risk and Asset Management research centre. Noel is also associate editor of the Journal of Alternative Investments. He is the author of numerous publications in the domain of portfolio management, notably in the areas of asset allocation and performance measurement. He also holds significant positions within the asset management industry, including head of research with Misys Asset Management Systems. Veronique Le Sourd holds an advanced graduate diploma in applied mathematics from the Universite Pierre and Marie Curie (Paris VI) and has worked as a research assistant within the finance and economics departments of HEC Business School. She is currently a research engineer for Misys Asset Management Systems and associate researcher with the Edhec Risk and Asset Management Research Centre.
"About this title" may belong to another edition of this title.
Shipping:
FREE
Within U.S.A.
Shipping:
£ 5.02
From United Kingdom to U.S.A.
Seller: BooksRun, Philadelphia, PA, U.S.A.
Hardcover. Condition: Very Good. 1. Ship within 24hrs. Satisfaction 100% guaranteed. APO/FPO addresses supported. Seller Inventory # 0470858745-8-1
Quantity: 1 available
Seller: Better World Books, Mishawaka, IN, U.S.A.
Condition: Very Good. Used book that is in excellent condition. May show signs of wear or have minor defects. Seller Inventory # 48778582-6
Quantity: 1 available
Seller: Ammareal, Morangis, France
Hardcover. Condition: Très bon. Edition 2003. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Very good. Edition 2003. Ammareal gives back up to 15% of this item's net price to charity organizations. Seller Inventory # F-158-253
Quantity: 1 available
Seller: Ammareal, Morangis, France
Hardcover. Condition: Très bon. Edition 2003. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Very good. Edition 2003. Ammareal gives back up to 15% of this item's net price to charity organizations. Seller Inventory # F-158-252
Quantity: 1 available
Seller: Book Deals, Tucson, AZ, U.S.A.
Condition: Fair. Acceptable/Fair condition. Book is worn, but the pages are complete, and the text is legible. Has wear to binding and pages, may be ex-library. 1.55. Seller Inventory # 353-0470858745-acp
Quantity: 1 available
Seller: Book Deals, Tucson, AZ, U.S.A.
Condition: Very Good. Very Good condition. Shows only minor signs of wear, and very minimal markings inside (if any). 1.55. Seller Inventory # 353-0470858745-vrg
Quantity: 1 available
Seller: Books Unplugged, Amherst, NY, U.S.A.
Condition: Good. Buy with confidence! Book is in good condition with minor wear to the pages, binding, and minor marks within 1.55. Seller Inventory # bk0470858745xvz189zvxgdd
Quantity: 1 available
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # FW-9780470858745
Quantity: 15 available
Seller: Ria Christie Collections, Uxbridge, United Kingdom
Condition: New. In. Seller Inventory # ria9780470858745_new
Quantity: Over 20 available
Seller: Ria Christie Collections, Uxbridge, United Kingdom
Condition: New. PRINT ON DEMAND Book; New; Fast Shipping from the UK. No. book. Seller Inventory # ria9780470858745_lsuk
Quantity: Over 20 available