{"product_id":"active-portfolio-management-pb-paperback-1","title":"Active Portfolio Management (Pb) - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eRichard Grinold\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\"This new edition of \u003ci\u003eActive Portfolio Management\u003c\/i\u003e continues the standard of excellence established in the first edition, with new and clear insights to help investment professionals.\"\u003c\/p\u003e \u003cp\u003e-William E. Jacques, Partner and Chief Investment Officer, Martingale Asset Management.\u003c\/p\u003e \u003cp\u003e\"\u003ci\u003eActive Portfolio Management\u003c\/i\u003e 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.\"\u003c\/p\u003e \u003cp\u003e-Scott Stewart, Portfolio Manager, Fidelity Select Equity (R) Discipline\u003c\/p\u003e \u003cp\u003eCo-Manager, Fidelity Freedom (R) Funds.\u003c\/p\u003e \u003cp\u003e\"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.\"\u003c\/p\u003e \u003cp\u003e-Eric N. Remole, Managing Director, Head of Global Structured Equity, Credit Suisse Asset Management.\u003c\/p\u003e \u003cp\u003eMathematically rigorous and meticulously organized, \u003ci\u003eActive Portfolio Management\u003c\/i\u003e 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. \u003ci\u003eActive Portfolio Management, Second Edition\u003c\/i\u003e, 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.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 624\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.24 x 9 x 6 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 11, 2023\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":47206460293369,"sku":"9781265919719","price":186.3,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/2782\/3097\/files\/sjWHy7Snfk9781265919719_c4519ded-80c6-4cbc-b37a-568796bc891c.webp?v=1768036657","url":"https:\/\/bookscloud.io\/products\/active-portfolio-management-pb-paperback-1","provider":"BooksCloud Book Dropshipping","version":"1.0","type":"link"}