Active Investment Management
Finding and Harnessing Investment Skill
Erschienen am 18. Dezember 2003
230 Seiten
978-0-470-85887-5 (ISBN)
Beschreibung
Active Investment Management looks at where active management hascome from, where it is today, what problems it faces and where theanswers to these questions are leading it. The book addresses themajor issues concerning the key groups within the industry.
Charles Jackson's wonderfully readable book will be essentialreading for the practitioner and is broken down into five sectionscovering the whole spectrum of active investment management:
* asset classes and products
* balancing risk and return
* active product selection
* the nature of skill
* the price of skill
.
Charles Jackson's wonderfully readable book will be essentialreading for the practitioner and is broken down into five sectionscovering the whole spectrum of active investment management:
* asset classes and products
* balancing risk and return
* active product selection
* the nature of skill
* the price of skill
.
Weitere Details
Weitere Ausgaben
Person
CHARLES JACKSON holds an MA from Oxford University and anMBA from Stanford University, where he was a Harkness Fellow. Hehas 25 years experience in the investment management industry. For13 years, he was the Head of the Fixed Interest and CurrencyDivision of Mercury Asset Management, for most of the period thelargest publicly quoted firm in Europe specialising exclusively inactive investment management. He also served on Mercury's AssetAllocation Committee and Chairman's Committee. He was appointed aVice Chairman of Mercury's Main Board in 1993. He is married, withtwo children, and lives near Oxford.
Inhalt
Preface.
Acknowledgements.
PART I: ASSET CLASSES AND PRODUCTS.
1. Stocks and Shares.
2. Investment Products.
3. Money.
4. Fixed Interest.
5. Foreign Assets.
PART II: BALANCING RISK AND RETURN.
6. Measuring Risk.
7. Investor Objectives.
8. Setting Policy.
PART III: ACTIVE PRODUCT SELECTION.
9. Finding Skill.
10. Using Style.
PART IV: THE NATURE OF SKILL.
11. Firms and Professionals.
12. Active Overlay Risk.
PART V: THE PRICE OF SKILL.
13. Fees.
14. Pay.
Afterword.
Technical Appendix.
Index.
Acknowledgements.
PART I: ASSET CLASSES AND PRODUCTS.
1. Stocks and Shares.
2. Investment Products.
3. Money.
4. Fixed Interest.
5. Foreign Assets.
PART II: BALANCING RISK AND RETURN.
6. Measuring Risk.
7. Investor Objectives.
8. Setting Policy.
PART III: ACTIVE PRODUCT SELECTION.
9. Finding Skill.
10. Using Style.
PART IV: THE NATURE OF SKILL.
11. Firms and Professionals.
12. Active Overlay Risk.
PART V: THE PRICE OF SKILL.
13. Fees.
14. Pay.
Afterword.
Technical Appendix.
Index.
