Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Supporting your high street Find out how »
Active Portfolio Management: A Quantitative Approach for Producing Superior Returns and Selecting Superior Returns and Controlling Risk, Hardback Book

Active Portfolio Management: A Quantitative Approach for Producing Superior Returns and Selecting Superior Returns and Controlling Risk Hardback

Part of the McGraw-Hill Library of Investment and Finance series

Hardback

Item not Available

Description

"This new edition of Active Portfolio Management continues the standard of excellence established in the first edition, with new and clear insights to help investment professionals."-William E.

Jacques, Partner and Chief Investment Officer, Martingale Asset Management. "Active Portfolio Management offers investors an opportunity to better understand the balance between manager skill and portfolio risk.

Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn."-Scott Stewart, Portfolio Manager, Fidelity Select Equity (R) DisciplineCo-Manager, Fidelity Freedom (R) Funds. "This Second edition will not remain on the shelf, but will be continually referenced by both novice and expert.

There is a substantial expansion in both depth and breadth on the original.

It clearly and concisely explains all aspects of the foundations and the latest thinking in active portfolio management."-Eric N.

Remole, Managing Director, Head of Global Structured Equity, Credit Suisse Asset Management. Mathematically rigorous and meticulously organized, Active Portfolio Management broke new ground when it first became available to investment managers in 1994.

By outlining an innovative process to uncover raw signals of asset returns, develop them into refined forecasts, then use those forecasts to construct portfolios of exceptional return and minimal risk, i.e., portfolios that consistently beat the market, this hallmark book helped thousands of investment managers.

Active Portfolio Management, Second Edition, now sets the bar even higher.

Like its predecessor, this volume details how to apply economics, econometrics, and operations research to solving practical investment problems, and uncovering superior profit opportunities.

It outlines an active management framework that begins with a benchmark portfolio, then defines exceptional returns as they relate to that benchmark.

Beyond the comprehensive treatment of the active management process covered previously, this new edition expands to cover asset allocation, long/short investing, information horizons, and other topics relevant today.

It revisits a number of discussions from the first edition, shedding new light on some of today's most pressing issues, including risk, dispersion, market impact, and performance analysis, while providing empirical evidence where appropriate.

The result is an updated, comprehensive set of strategic concepts and rules of thumb for guiding the process of-and increasing the profits from-active investment management.

Information

Save 16%

£88.99

£74.39

Item not Available
Item not Available
Sign in to add to wishlist
 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information

Also in the McGraw-Hill Library of Investment and Finance series

Valuing a Business, 5th Edition

£91.80

£64.26

Add to Basket

Stock Valuation

£81.90

£57.33

Add to Basket