Product Description
This volume is divided into three sections plus detailed appendices and glossary and accompanying CD ROM. The first section provides a description of the investment management process providing a context for quantitative techniques. Section 2 addresses different quantitative techniques as applied to investment management. Each chapter will explain the techniques, the theoretical basis, the use of derivatives and other technology, implementation and management and the role of the custodian. Section 3 brings together issues such as currency management, performance measurement and appraisal and performance analysis. The accompanying CD ROM contains spreadsheets in EXCEL giving examples used in the body of the text. Each example will be cross referenced for easy access.
From the Author
As an investment manager for many years managing portfolios for pension funds, and working with pension fund trustees, it became clear that many people were confused by the terms and concepts of investment management. This was not surprising when you think about the sort of information given by investment managers to their clients. Much of it is jargon, with little or no attempt to offer common-sense explanations. Yet this need not be the case: the principles of investment management are not complex compared to say, the technology encountered on a day-to-day basis by other professions. Think of what is involved in food technology or radiology, not to mention most branches of engineering. A plain-language explanation of what the investment managers are talking about could be a big help to pension trustees – and anybody else who uses the professional services of investment managers or invests in investment trusts or mutual funds. This is what I am seeking to provide in this book.
