Core-Satellite Portfolio Management: A Modern Approach for Professionally Managed Funds

Active versus passive portfolio management is the most important policy decision institutional investors must make. In Core- Satellite Portfolio Management, J. Clay Singleton address this dilemma with the all-new core-satellite approach, which draws on the strengths of each style while eliminating the weaknesses.

Prominent practitioners, consultants, and academics then join with the author to reveal how the revolutionary core-satellite method will improve investment performance for virtually every major asset class.

J. Clay Singleton, Ph.D., C.F.A., is professor of finance in the Crummer Graduate School of Business at Rollins College. He was previously vice president of asset allocation consulting and training for Ibbotson Associates and senior vice president in charge of the Chartered Financial Analyst^® program at the CFA Institute. Prior to his investment career Dr. Singleton was dean at the University of North Texas and taught at the University of Nebraska, the University of Virginia, and the College of William and Mary. He has won numerous awards for his teaching and published articles in academic and professional journals including the Journal of Finance and the Journal of Portfolio Management.