'The Asset Management & Trading Handbook' brings you the very latest research from a selection of market players and key industry associations direct to your desktop. Unravel the hype behind portable alpha and read-up on the latest developments in algorithmic trading, market impact and pension funds. The Handbook also presents key regulatory forecasts such as the impact and challenges of MiFID which will help you to prepare your strategy in advance of this very important directive.
Benefit from an inclusive Transition Management Teams supplement which highlights the achievements and services of some of the key players in this crucial area.
Excerpt:
Every now and then, there is a development in the world of finance that results in a major paradigm shift. Examples include the introduction of present value as a tool in financial decision making,the Modigliani-Miller hypotheses regarding capital structure and the introduction of modern portfolio theory in investing. Today we are in the midst of an unusual situation in which three paradigm shifts are emerging simultaneously. Each can have a significant impact on the management of the investment portfolios of pension funds, endowments and foundations.
