Diversification and Portfolio Management of Mutual Funds Book

Diversification and Portfolio Management of Mutual Funds


  • Author : G. Gregoriou
  • Publisher : Springer
  • Release Date : 2006-11-17
  • Genre: Business & Economics
  • Pages : 419
  • ISBN 10 : 9780230626508

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Diversification and Portfolio Management of Mutual Funds Excerpt :

This book addresses the importance of diversification for reducing volatility of investment portfolios. It shows how to improve investment efficiency, and explains how international diversification reduces overall risk while enhancing performance. This book is a crucial tool for any investor looking to improve the profit gain from their investment.

Mutual Funds Book

Mutual Funds


  • Author : John A. Haslem
  • Publisher : John Wiley & Sons
  • Release Date : 2009-10-08
  • Genre: Business & Economics
  • Pages : 358
  • ISBN 10 : 047053091X

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Mutual Funds Excerpt :

An authoritative, must-read guide to making more informed decisions about mutual funds Providing a balance of theory and application, this authoritative book will enable you to evaluate the various performance and risk attributes of mutual funds. It covers a broad range of topics, including understanding the advantages and disadvantages of mutual funds, evaluating stock/bond allocations within fund portfolios, assessing fund diversification risk, measuring fund returns and risk, and making fund buy/sell decisions. While informative chapters combine clear summaries of existing research with practical guidelines for mutual fund analysis, step-by-step decision checklists guide you through the selection of various mutual funds. Puts the risks and rewards of mutual fund investing in perspective Skillfully examines how to select and evaluate the best mutual funds Outlines mutual fund service advantages and disadvantages Discusses the long- and short-term effectiveness of mutual funds Covering major theoretical and management issues in mutual fund analysis and portfolio management, this book is an authoritative guide.

Mutual Funds Book

Mutual Funds


  • Author : John A. Haslem
  • Publisher : John Wiley & Sons
  • Release Date : 2010
  • Genre: Business & Economics
  • Pages : 358
  • ISBN 10 : 9780470499092

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Mutual Funds Excerpt :

An authoritative, must-read guide to making more informeddecisions about mutual funds Providing a balance of theory and application, thisauthoritative book will enable you to evaluate the variousperformance and risk attributes of mutual funds. It covers a broadrange of topics, including understanding the advantages anddisadvantages of mutual funds, evaluating stock/bond allocationswithin fund portfolios, assessing fund diversification risk,measuring fund returns and risk, and making fund buy/selldecisions. While informative chapters combine clear summaries of existingresearch with practical guidelines for mutual fund analysis,step-by-step decision checklists guide you through the selection ofvarious mutual funds. Puts the risks and rewards of mutual fund investing inperspective Skillfully examines how to select and evaluate the best mutualfunds Outlines mutual fund service advantages and disadvantages Discusses the long- and short-term effectiveness of mutualfunds Covering major theoretical and management issues in mutual fundanalysis and portfolio management, this book is an authoritativeguide.

Active Alpha Book

Active Alpha


  • Author : Alan H. Dorsey
  • Publisher : John Wiley & Sons
  • Release Date : 2011-07-12
  • Genre: Business & Economics
  • Pages : 400
  • ISBN 10 : 9781118161142

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Active Alpha Excerpt :

Praise for Active Alpha "Active alpha is the quest for every sophisticated investor. Thisbook covers all of the key alpha sources currently mined by activemanagers, reduces the complexity of the subject, and helps theinvestor get started in the right direction." -Mark Anson, Chief Executive Officer, Hermes Pensions ManagementLtd. "Long-held traditional methods for investing large portfolios aregiving way to new processes that are designed to improveproductivity and diversification. These changes find their locus inthe sometimes overly mysterious world of absolute returnstrategies. In this book, Alan Dorsey demystifies that new worldand provides a guiding pathway into the future of professionalportfolio management. This is an important read for any investorwho plans to succeed going forward." -Britt Harris, Chief Investment Officer, Teacher Retirement Systemof Texas "With great lucidity, Alan Dorsey's book, Active Alpha, fills animportant void by identifying the relevant institutional featuresof this complex subject and by providing a unifying analyticframework for understanding and constructing portfolios ofalternative assets. For anyone investing in the alternative class,from the new student to the experienced practitioner, Active Alphais a necessary read. I am recommending it to everyone I know withsuch an interest, and it is destined to become a much thumbedreference on my shelf." -Steve Ross, Franco Modigliani Professor of Financial Economics,Sloan School, MIT

Undiversified Book

Undiversified


  • Author : Ellen Carr
  • Publisher : Columbia University Press
  • Release Date : 2021-08-03
  • Genre: Business & Economics
  • Pages : null
  • ISBN 10 : 9780231551533

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Undiversified Excerpt :

Diversification is a core principle of investing. Yet money managers have not applied it to their own ranks. Only around 10 percent of portfolio managers—the people most directly responsible for investing your money—are female, and the numbers are even worse at the ownership level. What are the causes of this underrepresentation, and what are its consequences—including for firms’ and clients’ bottom lines? In Undiversified, experienced practitioners Ellen Carr and Katrina Dudley examine the lack of women in investment management and propose solutions to improve the imbalance. They explore the barriers that subtly but effectively discourage women from entering and staying in the industry at each point in the pipeline. At the entry level, the lack of visible role models discourages students from considering the field, and those who do embark on an investment management career face many obstacles to retention and promotion. Carr and Dudley highlight the importance of informal knowledge about how to navigate career tracks, without which women are left at a disadvantage in an industry that lionizes confidence. They showcase a diverse constellation of successful female portfolio managers to demystify the profession. Drawing on wide-ranging research, interviews with prospective, current, and former industry practitioners, and the authors’ own experiences, Undiversified makes a compelling case that increasing the number of women could help transform active investment management at a time when it is under threat from passive strategies and technological innovation.

Adaptive Asset Allocation Book

Adaptive Asset Allocation


  • Author : Adam Butler
  • Publisher : John Wiley & Sons
  • Release Date : 2016-02-02
  • Genre: Business & Economics
  • Pages : 240
  • ISBN 10 : 9781119220374

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Adaptive Asset Allocation Excerpt :

Build an agile, responsive portfolio with a new approach to global asset allocation Adaptive Asset Allocation is a no-nonsense how-to guide for dynamic portfolio management. Written by the team behind Gestaltu.com, this book walks you through a uniquely objective and unbiased investment philosophy and provides clear guidelines for execution. From foundational concepts and timing to forecasting and portfolio optimization, this book shares insightful perspective on portfolio adaptation that can improve any investment strategy. Accessible explanations of both classical and contemporary research support the methodologies presented, bolstered by the authors' own capstone case study showing the direct impact of this approach on the individual investor. Financial advisors are competing in an increasingly commoditized environment, with the added burden of two substantial bear markets in the last 15 years. This book presents a framework that addresses the major challenges both advisors and investors face, emphasizing the importance of an agile, globally-diversified portfolio. Drill down to the most important concepts in wealth management Optimize portfolio performance with careful timing of savings and withdrawals Forecast returns 80% more accurately than assuming long-term averages Adopt an investment framework for stability, growth, and maximum income An optimized portfolio must be structured in a way that allows quick response to changes in asset class risks and relationships, and the flexibility to continually adapt to market changes. To execute such an ambitious strategy, it is essential to have a strong grasp of foundational wealth management concepts, a reliable system of forecasting, and a clear understanding of the merits of individual investment methods. Adaptive Asset Allocation provides critical background information alongside a streamlined framework for improving portfolio performance.

Portfolio Theory and Management Book

Portfolio Theory and Management


  • Author : H. Kent Baker
  • Publisher : Oxford University Press
  • Release Date : 2013-01-07
  • Genre: Business & Economics
  • Pages : 816
  • ISBN 10 : 9780199311514

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Portfolio Theory and Management Excerpt :

Portfolio management is an ongoing process of constructing portfolios that balances an investor's objectives with the portfolio manager's expectations about the future. This dynamic process provides the payoff for investors. Portfolio management evaluates individual assets or investments by their contribution to the risk and return of an investor's portfolio rather than in isolation. This is called the portfolio perspective. Thus, by constructing a diversified portfolio, a portfolio manager can reduce risk for a given level of expected return, compared to investing in an individual asset or security. According to modern portfolio theory (MPT), investors who do not follow a portfolio perspective bear risk that is not rewarded with greater expected return. Portfolio diversification works best when financial markets are operating normally compared to periods of market turmoil such as the 2007-2008 financial crisis. During periods of turmoil, correlations tend to increase thus reducing the benefits of diversification. Portfolio management today emerges as a dynamic process, which continues to evolve at a rapid pace. The purpose of Portfolio Theory and Management is to take readers from the foundations of portfolio management with the contributions of financial pioneers up to the latest trends emerging within the context of special topics. The book includes discussions of portfolio theory and management both before and after the 2007-2008 financial crisis. This volume provides a critical reflection of what worked and what did not work viewed from the perspective of the recent financial crisis. Further, the book is not restricted to the U.S. market but takes a more global focus by highlighting cross-country differences and practices. This 30-chapter book consists of seven sections. These chapters are: (1) portfolio theory and asset pricing, (2) the investment policy statement and fiduciary duties, (3) asset allocation and portfolio construction, (4) risk management, (V) p

Mutual Fund Investing For Canadians For Dummies Book

Mutual Fund Investing For Canadians For Dummies


  • Author : Andrew Bell
  • Publisher : John Wiley & Sons
  • Release Date : 2009-08-26
  • Genre: Business & Economics
  • Pages : 384
  • ISBN 10 : 0470677260

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Mutual Fund Investing For Canadians For Dummies Excerpt :

Mutual funds offer investors a diverse portfolio in a single investment, which is critical in an uncertain economy. Although ideal for buyers who don’t want to tackle the stock market alone, mutual funds can still be intimidating, with a bewildering array of options. And now that foreign content regulations for RRSPs have been lifted, Canadians have even more choices. Mutual Fund Investing For Canadians For Dummies explains it all, from the basics -- what is a mutual fund? -- to the not-so-basic -- are index funds better than managed funds? Is my MER cutting into my ROI? With information on how mutual funds can be a vital and profitable component of everyone’s retirement plans and how they can help readers build their wealth inside their tax-free savings account, this friendly guide offers the principles Canadians need to know in order to be informed and successful mutual fund investors. "This book is easy and even fun to read. ... Mutual Fund Investing For Canadians For Dummies is worth the investment if you are looking to build a fund portfolio that suits your needs and will give you healthy, long-term returns." —Jeff Dupuis, money.canoe.ca

7Twelve Book

7Twelve


  • Author : Craig L. Israelsen
  • Publisher : John Wiley & Sons
  • Release Date : 2010-07-02
  • Genre: Business & Economics
  • Pages : 204
  • ISBN 10 : 0470649879

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7Twelve Excerpt :

A proven way to put together a portfolio that enhances performance and reduces risk Professor Craig Israelsen of Brigham Young University is an important voice in the area of asset allocation. The reason? He keeps things simple. Now, in 7Twelve, he shows you how to do the same, and demonstrates how his approach to investing can help you grow your money as well as protect it. 7Twelve outlines a multi-asset balanced portfolio that is a logical starting point when assembling a portfolio-either as the blueprint for the entire portfolio or as a significant building block. Page by page, he will show you how to create a balanced portfolio utilizing multiple asset classes to enhance performance and reduce risk. Discusses how the 7Twelve portfolio includes seven core asset classes and utilizes twelve specific mutual funds or exchange traded funds Details the tax efficiency of this specific investment approach Shows you how to use the 7Twelve portfolio as a pre-retirement accumulation portfolio or a post-retirement distribution portfolio If you want to build a well-balanced, multi-asset portfolio, 7Twelve is the book for you.

One Up On Wall Street Book
Score: 4.5
From 12 Ratings

One Up On Wall Street


  • Author : Peter Lynch
  • Publisher : Simon and Schuster
  • Release Date : 2000-04-03
  • Genre: Biography & Autobiography
  • Pages : 304
  • ISBN 10 : 9780743200400

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One Up On Wall Street Excerpt :

The manager of a top investment fund discusses how individuals can make a killing in the market through research and investment techniques that confound conventional market wisdom.

Portfolio Diversification Book

Portfolio Diversification


  • Author : Francois-Serge Lhabitant
  • Publisher : Elsevier
  • Release Date : 2017-09-26
  • Genre: Mathematics
  • Pages : 274
  • ISBN 10 : 9780081017869

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Portfolio Diversification Excerpt :

Portfolio Diversification provides an update on the practice of combining several risky investments in a portfolio with the goal of reducing the portfolio's overall risk. In this book, readers will find a comprehensive introduction and analysis of various dimensions of portfolio diversification (assets, maturities, industries, countries, etc.), along with time diversification strategies (long term vs. short term diversification) and diversification using other risk measures than variance. Several tools to quantify and implement optimal diversification are discussed and illustrated. Focuses on portfolio diversification across all its dimensions Includes recent empirical material that was created and developed specifically for this book Provides several tools to quantify and implement optimal diversification

In Pursuit of the Perfect Portfolio Book

In Pursuit of the Perfect Portfolio


  • Author : Andrew W. Lo
  • Publisher : Princeton University Press
  • Release Date : 2021-08-17
  • Genre: Business & Economics
  • Pages : 416
  • ISBN 10 : 9780691222684

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In Pursuit of the Perfect Portfolio Excerpt :

How the greatest thinkers in finance changed the field and how their wisdom can help investors today Is there an ideal portfolio of investment assets, one that perfectly balances risk and reward? In Pursuit of the Perfect Portfolio examines this question by profiling and interviewing ten of the most prominent figures in the finance world—Jack Bogle, Charley Ellis, Gene Fama, Marty Leibowitz, Harry Markowitz, Bob Merton, Myron Scholes, Bill Sharpe, Bob Shiller, and Jeremy Siegel. We learn about the personal and intellectual journeys of these luminaries—which include six Nobel Laureates and a trailblazer in mutual funds—and their most innovative contributions. In the process, we come to understand how the science of modern investing came to be. Each of these finance greats discusses their idea of a perfect portfolio, offering invaluable insights to today’s investors. Inspiring such monikers as the Bond Guru, Wall Street’s Wisest Man, and the Wizard of Wharton, these pioneers of investment management provide candid perspectives, both expected and surprising, on a vast array of investment topics—effective diversification, passive versus active investment, security selection and market timing, foreign versus domestic investments, derivative securities, nontraditional assets, irrational investing, and so much more. While the perfect portfolio is ultimately a moving target based on individual age and stage in life, market conditions, and short- and long-term goals, the fundamental principles for success remain constant. Aimed at novice and professional investors alike, In Pursuit of the Perfect Portfolio is a compendium of financial wisdom that no market enthusiast will want to be without.

Asymmetric Dependence in Finance Book

Asymmetric Dependence in Finance


  • Author : Jamie Alcock
  • Publisher : John Wiley & Sons
  • Release Date : 2018-03-05
  • Genre: Business & Economics
  • Pages : 312
  • ISBN 10 : 9781119289012

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Asymmetric Dependence in Finance Excerpt :

"Asymmetric Dependence (hereafter, AD) is usually thought of as a cross-sectional phenomenon. Andrew Patton describes AD as "stock returns appear to be more highly correlated during market downturns than during market upturns." (Patton, 2004) Thus at a point in time when the market return is increasing we might expect to find the correlation between any two stocks to be, on average, lower than the correlation between those same two stocks when the market return is negative. However the term can also have a time series interpretation. Thus it may be that the impact of the current US market on the future UK market may be quantitatively different from the impact of the current UK market on the future US market. This is also a notion of AD that occurs through time. Whilst most of this book addresses the former notion of AD, time-series AD is explored in Chapters Four and Seven"--

Investment Management Book

Investment Management


  • Author : Robert L. Hagin
  • Publisher : John Wiley & Sons
  • Release Date : 2004-02-01
  • Genre: Business & Economics
  • Pages : 336
  • ISBN 10 : 9780471483816

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Investment Management Excerpt :

A new look at the important issue of investment management in the 21st century Written for professional and private investors-as well as fiduciaries who rely on investment professionals-this book presents the content of an advanced investment-management course in an easy-to-read, question-and-answer format. Robert L. Hagin (Haverford, PA) is a 30-year investment management veteran who recently retired as Executive Director for Morgan Stanley Investment Management.

The Quotable Billionaire Book

The Quotable Billionaire


  • Author : Steven D. Price
  • Publisher : Skyhorse Publishing Inc.
  • Release Date : 2009-11
  • Genre: Biography & Autobiography
  • Pages : 304
  • ISBN 10 : 9781602397293

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The Quotable Billionaire Excerpt :

Draws on the insights of the world's richest people to counsel readers on how to obtain and safeguard wealth, providing lighthearted proverbs, quotes and other commentary on all aspects of managing one's fortune responsibly.