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Advances in Active Portfolio Management: New Developments in Quantitative Investing Richard Grinold

Advances in Active Portfolio Management: New Developments in Quantitative Investing By Richard Grinold

Advances in Active Portfolio Management: New Developments in Quantitative Investing by Richard Grinold


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Advances in Active Portfolio Management: New Developments in Quantitative Investing Summary

Advances in Active Portfolio Management: New Developments in Quantitative Investing by Richard Grinold

From the leading authorities in their fieldthe newest, most effective tools for avoiding common pitfalls while maximizing profits through active portfolio management
Whether youre a portfolio managers, financial adviser, or student of investing, this follow-up to the authors classic work on the subject delivers everything you need to master the concepts and practices of active portfolio management.
Advances in Active Portfolio Management brings you up to date on the issues, trends, and challenges in the world of active management and shows how advances in the authors approach can solve current problems. It includes articles published in top management journals and brand-new material covering: Dynamic Analyses Signal Weighting Implementation Efficiency Holdings-based attribution Expected returns Risk management Portfolio construction Fees
Written in clear, engaging language, Advances in Active Portfolio Management make complex issues easy to understand and put into practice. Its the one-stop resource you need to succeed in the world of investing today.

About Richard Grinold

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

Table of Contents

Acknowledgments
Preface

1 Introduction: Advances in Active Portfolio Management

SECTION 1
Recap of Active Portfolio Management

2 Introduction to the Recap of
Active Portfolio Management Section

3 Seven Insights into Active Management

4 A Retrospective Look at the
Fundamental Law of Active Management

5 Breadth, Skill, and Time

SECTION 2
Advances in Active Portfolio Management
SECTION 2.1 Dynamic Portfolio Management

6 Introduction to the Dynamic Portfolio Management Section

7 Implementation Efficiency

8 Dynamic Portfolio Analysis

9 Signal Weighting

10 Linear Trading Rules for Portfolio Management

11 Nonlinear Trading Rules for Portfolio Management

SECTION 2.2 Portfolio Analysis and Attribution

12 Introduction to the Portfolio Analysis and Attribution Section

13 Attribution

14 The Description of Portfolios

SECTION 3
Applications of Active Portfolio Management
SECTION 3.1 Expected Return: The Equity Risk Premium
and Market Efficiency

15 Introduction to A Supply Model of the Equity Premium

16 A Supply Model of the Equity Premium

17 Introduction to Is Beta Dead Again?

18 Is Beta Dead Again?

19 Introduction to Are Benchmark Portfolios Efficient?

20 Are Benchmark Portfolios Efficient?

SECTION 3.2 Expected Return: Smart Beta

21 Introduction to the Smart Beta Section

22 Who Should Buy Smart Beta?

23 Smart Beta: The Owners Manual

24 Smart Beta Illustrated

25 The Asset Managers Dilemma

SECTION 3.3 Risk

26 Introduction to the Risk Section

27 Heat, Light, and Downside Risk

SECTION 3.4 Portfolio Construction

28 Introduction to the Portfolio Construction Section

29 Optimal Gearing

30 The Dangers of Diversification

31 The Surprisingly Small Impact of Asset Growth
on Expected Alpha

32 Mean-Variance and Scenario-Based Approaches
to Portfolio Selection

33 Five Myths About Fees

SECTION 4
Extras

34 Introduction to the Extras Section

35 Presentations upon Receiving the James R. Vertin Award

36 What Investors Can Learn from a Very Alternative Market

37 UCLA Master of Financial Engineering
Commencement Address

SECTION 5
Conclusion

38 Advances in Active Portfolio Management Conclusions

Index

Additional information

NGR9781260453713
9781260453713
1260453715
Advances in Active Portfolio Management: New Developments in Quantitative Investing by Richard Grinold
New
Hardback
McGraw-Hill Education
2020-01-13
656
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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