| 期刊全称 | Applied Investment Theory | | 期刊简称 | How Markets and Inve | | 影响因子2023 | Les Coleman | | 视频video | | | 发行地址 | Overhauls theories of finance to explain real-world functioning.Contextualizes financial theories in light of recent economic crises, explaining why, where and how the theory fails to explain what hap | | 图书封面 |  | | 影响因子 | .Institutions now dominate trading in equities around the world. Mutual funds are the most prominent, and doubly important as custodians of retirement savings. Despite this, there is no comprehensive description of fund manager behaviour, much less a matching theory. This is troubling because one of the most economically significant puzzles in finance is why experienced, well-resourced fund managers cannot outperform the market..Applied Investment Theory: How Equity Markets Behave, and Why. brings together academic research, empirical evidence and real market experience to provide new insights into equity markets and their behaviours. The book draws upon the author’s rich industry experience and academic research, plus over 40 interviews with fund managers on three continents and across different markets. The result is an innovative model that explains the puzzle of poor performance by mutual funds in terms of structural features of markets, the managed investment industry, and the conduct of fund managers..This book provides a fully integrated depiction of what markets and investors do, and why – insights that will resonate with the needs of investors, wealth managers and industry | | Pindex | Book 2016 |
The information of publication is updating
|
|
发表于 2025-3-21 16:50:31
