Portfolio Indexing: Theory and Practice (Frontiers in Finance Series)

4 avg rating
( 1 ratings by Goodreads )
 
9780471988687: Portfolio Indexing: Theory and Practice (Frontiers in Finance Series)
View all copies of this ISBN edition:
 
 

The dominant paradigm in modern-day fund management remains theCapital Asset Pricing Model (CAPM). Originally developed in the1960s as an explanatory and predictive model of capital marketbehaviour, it has subsequently acquired enormous significance inmany fund-management institutions.

"Harold Hutchinson's Portfolio Indexing is a long-overduetheoretical and practical perspective on the 'managers versustrackers' debate. He concludes that the indexing solution to riskmanagement is flawed and that individual judgment will always havea proper role to play in investment. This much-needed book willhopefully help to stop the current steam-rolling move of the fundmanagement industry towards indexing in its tracks, and encourage amore balanced view of the benefits of the active manager,especially in volatile or falling markets." Phillip Keane,Director, Industrial Bank of Japan Asset Management InternationalLtd

"Portfolio Indexing challenges the growing consensus in favour ofportfolio indexing as the optimal investment strategy. Hisdevastating criticisms of the theoretical foundations underlyingindexing, and his plea for a more modest inductive approach toportfolio management, have huge and as yet untapped implicationsfor the asset management industry." Dr Andrew Allan, VicePresident, Salomon Smith Barney

Professionals, students and amateur investors alike will profitfrom this enjoyable tract on how to maintain and navigate vehiclesof investment.

"synopsis" may belong to another edition of this title.

From the Inside Flap:

In Portfolio Indexing, Harold Hutchinson unravels the foundationsunderlying the CAPM-indexed portfolio orthodoxy.

" "Difficult concepts are explained in a simple, intuitive way butwithout loss of rigour, and are illuminated by the author'sfirsthand knowledge of how financial markets work. PortfolioIndexing does for financial markets what Zen and the Art ofMotorcycle Maintenance did for natural philosophy." Rod Cross,Professor of Economics ICMM, University of Strathclyde

About the Author:

Harold Hutchinson has degrees in Economics from the University of St. Andrews, Scotland and from St. Antony's College, University of Oxford. He began his career as a lecturer in finance at the University of St. Andrews. He then moved to the Swedish stockbroking group, Carnegie International, where he was European Head of Research. In 1992, he moved to live in Spain with the UK merchant banking group, Singer and Friedlander, where he helped set up from scratch an Iberian and Latin American equities business of which he was CEO. After a brief period at the Spanish banking group, Banco Santander, he is now Head of Sales and Research at the Spanish office of Credit Lyonnais Securities Europe. In addition to these positions, he acted for a time as adviser to the Liberty Newport Latin American SICAV. Besides his current executive role at Credit Lyonnais, Harold is also a Director at the Regulatory Policy Institute in Oxford, which is dedicated to independent policy advice on regulatory issues, and is a non-executive director at Quantum Partnership, a consultancy specialising in innovative solutions for operational and strategic problems in business. He is married with two young children.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Harold Hutchinson
Published by Wiley (1999)
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description Wiley, 1999. Hardcover. Condition: New. 1. Seller Inventory # DADAX0471988685

More information about this seller | Contact this seller

Buy New
US$ 21.08
Convert currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, rates & speeds

2.

Harold Hutchinson
Published by Wiley (1999)
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Hardcover Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description Wiley, 1999. Condition: New. book. Seller Inventory # M0471988685

More information about this seller | Contact this seller

Buy New
US$ 24.78
Convert currency

Add to Basket

Shipping: US$ 3.27
Within U.S.A.
Destination, rates & speeds

3.

Harold Hutchinson
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Quantity Available: 1
Seller:
BennettBooksLtd
(San Diego, CA, U.S.A.)
Rating
[?]

Book Description Condition: New. New. Seller Inventory # STR-0471988685

More information about this seller | Contact this seller

Buy New
US$ 91.58
Convert currency

Add to Basket

Shipping: US$ 4.95
Within U.S.A.
Destination, rates & speeds

4.

Harold Hutchinson
Published by Wiley (1999)
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Hardcover Quantity Available: 1
Seller:
Books Express
(Portsmouth, NH, U.S.A.)
Rating
[?]

Book Description Wiley, 1999. Hardcover. Condition: New. 1. Ships with Tracking Number! INTERNATIONAL WORLDWIDE Shipping available. Buy with confidence, excellent customer service!. Seller Inventory # 0471988685n

More information about this seller | Contact this seller

Buy New
US$ 98.04
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

5.

Harold Hutchinson
Published by John Wiley & Sons Inc, United States (1999)
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Hardcover First Edition Quantity Available: 1
Seller:
Book Depository International
(London, United Kingdom)
Rating
[?]

Book Description John Wiley & Sons Inc, United States, 1999. Hardback. Condition: New. 1. Auflage. Language: English. Brand new Book. The dominant paradigm in modern-day fund management remains theCapital Asset Pricing Model (CAPM). Originally developed in the1960s as an explanatory and predictive model of capital marketbehaviour, it has subsequently acquired enormous significance inmany fund-management institutions."Harold Hutchinson's Portfolio Indexing is a long-overduetheoretical and practical perspective on the 'managers versustrackers' debate. He concludes that the indexing solution to riskmanagement is flawed and that individual judgment will always havea proper role to play in investment. This much-needed book willhopefully help to stop the current steam-rolling move of the fundmanagement industry towards indexing in its tracks, and encourage amore balanced view of the benefits of the active manager, especially in volatile or falling markets." Phillip Keane, Director, Industrial Bank of Japan Asset Management InternationalLtd"Portfolio Indexing challenges the growing consensus in favour ofportfolio indexing as the optimal investment strategy. Hisdevastating criticisms of the theoretical foundations underlyingindexing, and his plea for a more modest inductive approach toportfolio management, have huge and as yet untapped implicationsfor the asset management industry." Dr Andrew Allan, VicePresident, Salomon Smith BarneyProfessionals, students and amateur investors alike will profitfrom this enjoyable tract on how to maintain and navigate vehiclesof investment. Seller Inventory # AAH9780471988687

More information about this seller | Contact this seller

Buy New
US$ 100.52
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

6.

Harold Hutchinson
Published by John Wiley and Sons Ltd, United Kingdom (1999)
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Hardcover First Edition Quantity Available: 1
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description John Wiley and Sons Ltd, United Kingdom, 1999. Hardback. Condition: New. 1. Auflage. Language: English. Brand new Book. The dominant paradigm in modern-day fund management remains theCapital Asset Pricing Model (CAPM). Originally developed in the1960s as an explanatory and predictive model of capital marketbehaviour, it has subsequently acquired enormous significance inmany fund-management institutions."Harold Hutchinson's Portfolio Indexing is a long-overduetheoretical and practical perspective on the 'managers versustrackers' debate. He concludes that the indexing solution to riskmanagement is flawed and that individual judgment will always havea proper role to play in investment. This much-needed book willhopefully help to stop the current steam-rolling move of the fundmanagement industry towards indexing in its tracks, and encourage amore balanced view of the benefits of the active manager, especially in volatile or falling markets." Phillip Keane, Director, Industrial Bank of Japan Asset Management InternationalLtd"Portfolio Indexing challenges the growing consensus in favour ofportfolio indexing as the optimal investment strategy. Hisdevastating criticisms of the theoretical foundations underlyingindexing, and his plea for a more modest inductive approach toportfolio management, have huge and as yet untapped implicationsfor the asset management industry." Dr Andrew Allan, VicePresident, Salomon Smith BarneyProfessionals, students and amateur investors alike will profitfrom this enjoyable tract on how to maintain and navigate vehiclesof investment. Seller Inventory # AAH9780471988687

More information about this seller | Contact this seller

Buy New
US$ 103.45
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

7.

Harold Hutchinson
Published by John Wiley and#38; Sons (1999)
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Quantity Available: 2
Seller:
Books2Anywhere
(Fairford, GLOS, United Kingdom)
Rating
[?]

Book Description John Wiley and#38; Sons, 1999. HRD. Condition: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Seller Inventory # FW-9780471988687

More information about this seller | Contact this seller

Buy New
US$ 94.49
Convert currency

Add to Basket

Shipping: US$ 11.45
From United Kingdom to U.S.A.
Destination, rates & speeds

8.

Harold Hutchinson (author)
Published by Wiley 1999-07-28, Chichester (1999)
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Hardcover Quantity Available: > 20
Seller:
Blackwell's
(Oxford, OX, United Kingdom)
Rating
[?]

Book Description Wiley 1999-07-28, Chichester, 1999. hardback. Condition: New. Seller Inventory # 9780471988687

More information about this seller | Contact this seller

Buy New
US$ 104.79
Convert currency

Add to Basket

Shipping: US$ 11.43
From United Kingdom to U.S.A.
Destination, rates & speeds

9.

Harold Hutchinson
Published by John Wiley & Sons Inc
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Hardcover Quantity Available: 2
Seller:
THE SAINT BOOKSTORE
(Southport, United Kingdom)
Rating
[?]

Book Description John Wiley & Sons Inc. Hardback. Condition: New. New copy - Usually dispatched within 2 working days. Seller Inventory # B9780471988687

More information about this seller | Contact this seller

Buy New
US$ 110.31
Convert currency

Add to Basket

Shipping: US$ 8.83
From United Kingdom to U.S.A.
Destination, rates & speeds

10.

Hutchinson, Harold
Published by Wiley (2018)
ISBN 10: 0471988685 ISBN 13: 9780471988687
New Hardcover Quantity Available: > 20
Print on Demand
Seller:
Murray Media
(NORTH MIAMI BEACH, FL, U.S.A.)
Rating
[?]

Book Description Wiley, 2018. Hardcover. Condition: New. Never used! This item is printed on demand. Seller Inventory # 0471988685

More information about this seller | Contact this seller

Buy New
US$ 128.59
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

There are more copies of this book

View all search results for this book