The Complete Guide to Portfolio Performance: Appraise, Analyze, Act - Hardcover

François, Pascal; Hübner, Georges

Hardcover

ISBN 10: 1119930170 ISBN 13: 9781119930174

Publisher: Wiley, 2024

Synopsis

An intuitive and effective desk reference for performance measurement in asset and wealth management

In The Complete Guide to Portfolio Performance: Appraise, Analyse, Act, a team of finance professors with extended practical experience deliver a hands-on desk reference for asset and wealth managers suitable for everyday use. Intuitively organized and full of concrete examples of the real-world implementation of the concepts discussed within, the book provides a comprehensive coverage of all important portfolio performance matters across 18 chapters of actionable and clearly described content. The authors have provided relevant cross-referencing where appropriate, “Key Takeaways and Equations” sections at the end of each chapter, and pointers to additional resources for anyone interested in pursuing further research.

You'll also find:

• Discussions of more than a hundred classical and modern performance measures organized logically and with a focus on their applications
• Strategies for selecting appropriate performance measures based on your situation as a manager or investor
• Explanations of analytical techniques (statistical approaches, attribution, fund ratings...) enabling a comprehensive use of performance-related information
• Applications of portfolio performance criteria in concrete investment decision-making processes
• Highly actionable and logically organized material that's easy to find at a moment's notice
• A full set of pedagogical powerpoint slides and excel worksheets with all data and formulas

Perfect for investors, portfolio managers, advisors, analysts, and regulators, The Complete Guide to Portfolio Performance is also a must-read reference for students and practitioners of asset and wealth management, as well as those pursuing certification such as CFA, CIPM, CIIA, and CAIA.

About this title

About the Author

PASCAL FRANÇOIS is Professor of Finance at HEC Montréal. He is the founding director of the Canadian Derivatives Institute and a former co-editor of Finance, the academic journal of the French Finance Association. He holds a PhD from Sorbonne University and ESSEC.

GEORGES HÜBNER is Professor of Finance at HEC Liège (Liège University, Belgium). Georges serves as a non-executive director at Belfius Bank and Belfius Asset Management, as well as an expert member of the investment committee of the CERN pension fund (Geneva). He is also the founder of two fintech companies, Gambit Financial Solutions and Sopiad. He holds a PhD from INSEAD.

From the Back Cover

PRAISE FOR THE COMPLETE GUIDE TO PORTFOLIO PERFORMANCE

“This is indeed a Complete Guide to Portfolio Performance. The authors have described a range of possible measures and evaluated their usefulness in theory and in practice. It will serve as both an introduction to this important subject and a reference work for those concerned with measuring and analyzing the performance of investment portfolios.”
― William F. Sharpe, Professor Emeritus, Stanford University, Nobel Prize in Economic Sciences 1990

“Performance measurement has expanded in many directions over the last decades. François and Hübner provide a much needed, ambitious synthesis. Their Complete Guide to Portfolio Performance is the reference that should always be within immediate reach, with the confidence that insightful answers about any question related to portfolio performance will be found. The authors do not only effectively synthesize the state-of-the-art knowledge in the field, but they also bring their own original and specific contributions on many occasions. A massive tour de force.”
― Frank J. Fabozzi, Professor of Practice, The Johns Hopkins University, Carey Business School. Editor of The Journal of Portfolio Management

“The book analyzes many facets of performance appraisal but also explains how it is integrated within the portfolio management process. Each topic is reviewed with rigor and augmented with practical and easy-to-implement examples.”
― Naïm Abou-Jaoudé, Chief Executive Officer, New York Life Investments Management

“Measuring and communicating portfolio performance in a transparent and faithful manner are key to deserve the trust of the investor. This impressive book constitutes a major contribution to this important field for all financial market participants.”
―Jean-Paul Servais, Chairman of the FSMA and IOSCO

From the Inside Flap

AN EFFICIENT AND EFFECTIVE DESK REFERENCE FOR ASSET AND WEALTH MANAGEMENT PROFESSIONALS AND STUDENTS

In The Complete Guide to Portfolio Performance: Appraise, Analyse, Act, a team of distinguished finance professors with practical experience delivers a comprehensive guide to all aspects of portfolio performance from the perspective of investors, portfolio managers, analysts, and regulators. In the book, you’ll explore the core topics of portfolio performance measurement in a realistic and rigorous way. You’ll find actionable and clearly illustrated content with practical examples that demonstrate the application of the concepts discussed within.

The authors clearly organize the material inside, making information easy to find and highly discoverable. The book is structured in four parts and eighteen chapters, contains relevant cross-referencing, as well as a “Key Takeaways and Equations” section at the conclusion of each chapter. They’ve also provided pointers to specialized sources for those interested in conducting additional research.

Perfect for professionals and students alike, The Complete Guide to Portfolio Performance is the hands-on roadmap to the subject that investors, securities analysts, financial regulators, and investment managers have been waiting for.

Edition details

• Publisher: Wiley
• Publication date: 2024
• Language: English
• ISBN 10: 1119930170
• ISBN 13: 9781119930174
• Binding: Hardcover
• Edition number: 1
• Number of pages: 1088