Institutional Money Management: An Inside Look at Strategies, Players, and Practices

Institutional Money Management: An Inside Look at Strategies, Players, and Practices

by David M. Smith
     
 

The growth in size and scope of the institutional money management business over the last few decades has propelled the industry into a dominant position in financial markets. Yet, as the industry has grown, it has faced increasing challenges from investors, competitors, and regulators.

Professionals within this field, as well as those aspiring to enter it, need to

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Overview

The growth in size and scope of the institutional money management business over the last few decades has propelled the industry into a dominant position in financial markets. Yet, as the industry has grown, it has faced increasing challenges from investors, competitors, and regulators.

Professionals within this field, as well as those aspiring to enter it, need to be well versed in both the methods and practice of this ever-evolving area of finance. That's why Institutional Money Management, part of the Robert W. Kolb Series in Finance, has been created.

Composed of contributed chapters from leading practitioners and academics with extensive knowledge of institutional money management, this reliable resource offers valuable insights on the objectives, constraints, and strategies associated with it. Divided into four comprehensive parts, Institutional Money Management skillfully:

  • Details U.S. market regulations designed to guide the management of portfolios and protect investors; discusses the construction and use of benchmark indexes to evaluate performance; and explores portfolio performance measurement and reporting standards for institutional investors
  • Reveals the roles that key individuals—from the chief investment strategist/economist to the portfolio manager and institutional investment consultant—play in an institutional investor's strategy and planning, analysis of investments, and decision-making
  • Describes the various equity and fixed income investment approaches used by institutional investors, while addressing the virtues of active versus passive portfolio investment and the increasing use of quantitative techniques in investment management
  • Examines the numerous types of institutional investors, from mutual funds, pension funds, endowment funds, and insurance companies to hedge funds, sovereign wealth funds, venture capital funds, and wealth-management firms

The practice of institutional investment management presents a diverse set of challenges. But with this book as your guide, you'll gain a firm understanding of how you can overcome these challenges and effectively manage large portfolios in the process.

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Product Details

ISBN-13:
9780470610145
Publisher:
Wiley
Publication date:
11/29/2011
Series:
Robert W. Kolb Series, #16
Pages:
404
Product dimensions:
7.30(w) x 10.00(h) x 1.50(d)

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