|
|
Usually ships within 1 to 3 working days
|
- Product code: 15546
- ISBN: 0471257079,
ISBN13: 9780471257073,
688 pages, hardback
Published by John Wiley & Sons on 2004
, 1st Rate this book...
Rating: 0.0/5 (0 votes cast)
|
|
|
|
|
Description of Active Index Investing |
For over three decades, indexing has become increasingly accepted by both institutional and individual investors. Index benchmarks and investment products that track them have been a driving force in the transformation of investment strategy from art to science. Yet investors' understanding of the sophistication of this burgeoning field has lagged the growing use of index products.
Active Index Investing is the definitive guide to how indexes are constructed, how index-based portfolios are managed, and how the world’s most sophisticated investors use index-based strategies to enhance performance, reduce costs and minimize the risks of investing.
Active Index Investing provides a comprehensive overview of (1) the investment theories that are the foundation of index based investing, (2) best practices in benchmark construction, (3) the growing world of index-based investment vehicles, (4) cutting-edge index portfolio management techniq ues and (5) the myriad ways investors can and do capture the benefits of indexing.
Active Index Investing has a unique format that captures the views and perspectives of over 40 of the investment industry’s leading experts and practitioners, while maintaining a holistic view of this complex subject matter. In addition to the Appendix and Glossary within the book, it features an E-ppendix, available at www.IndexUniverse.com.
|
Contents of Active Index Investing |
Foreword: The role of indexing and benckmarks in developing sound investment approaches (Don Phillips)
Preface
Acknowledgments
Contributors
About the editor
1. Indexing Is Active: The Meaning of Active Indexing and the Interconnected Themes of the Book (Steven A. Schoenfeld)
PART ONE: The Indexing Revolution: Theory and Practice (Steven A. Schoenfeld)
2. The Foundations of Indexing: Theoretical and Practical Underpinnings of a Heretical Concept (Binu George, Steven A. Schoenfeld, and Jim Wiandt)
3. The Ever-Evolving Uses of Indexing: Why the Active versus Index Debate Is Over (Matthew Scanlan, Binu George, Francis Enderle, and Steven A. Schoenfeld)
4. Market Uncertainty and the Role of Indexing (Adele Kohler)
PART TWO: Benchmarks: The Foundation for Indexing (Steven A. Schoenfeld)
5. The Vital Importance and Fundamental Uses of Benchmarks (Pamela Cloyd, Larry Siegel, and Steven A. Schoenfeld)
6. Perfection Impossible: Best Practices for Index Construction (Steven A. Schoenfeld)
7. The Ideal Index Construction (Gus Sauter)
8. U.S. Equity Benchmarks—Broad-Cap, Size, and Style Indexes: Slicing and Dicing the U.S. Equity Market (Gardner Platt, Brad Pope, and Chad Rakvin)
9. International/Global Equity Benchmarks for North American Investors (Steven A. Schoenfeld and Robert Ginis)
10. Fixed-Income Benchmarks (Vache Mahseredjian and Mark Friebel)
11. Hedge Fund Benchmarks and Asset Allocation (Mark Anson)
12. Using Indexes as Analytical Tools: Viewing Changes in the World's Stock Markets through the Benchmarks (Mark Sladkus)
13. Socially Responsible Investment and Index Benchmarks (Peter Wall)
PART THREE: The Ever-Expanding Variety and Flexibility of Index Products (Steven A. Schoenfeld)
14. The Wide World of Index Products: Building Blocks for an Efficient Portfolio (Steven A. Schoenfeld and Joy Yang)
15. Enhanced Indexing: Adding Index Alpha in a Disciplined, Risk-Controlled Manner (Steven A. Schoenfeld and Joy Yang)
16. Exchange-Traded Funds: A Flexible and Efficient Investment Tool (Yigal Jhirad, Omer Ozkul, and David Qian)
17. Indexing Real Estate (James S. Keagy)
18. Active Indexing: Sophisticated Strategies with Index Vehicles (Steven A. Schoenfeld, Robert Ginis, and Niklas Nordenfelt)
PART FOUR: Managing Index Funds: It's Anything but Passive! (Steven A. Schoenfeld)
19. Fundamental Index Portfolio Management Techniques (Steven A. Schoenfeld and Kevin Maeda)
20. The Unique Challenges of U.S. Equity Index Management (Amy Schioldager, Will Hahn, Ed Hoyt, and Jane Leung)
21. Delivering Performance in International Equity Indexing (Eleanor de Freitas, Robert Ginis, Creighton Jue, Tom McCutchen, Steven A. Schoenfeld, and Amy Whitelaw)
22. Managing Fixed-Income Index Funds (Elizabeth Para and Partha Dasgupta)
23. Managing Exchange-Traded Funds (Lisa Chen and Patrick O'Connor)
24. Index-Based Separately Managed Accounts: Delivering on the Performance Promise (Mark Adams, Kevin Maeda, and Steven A. Schoenfeld)
PART FIVE: Pulling It All Together: How to Use Index Products to Build an Efficient, Risk-Controlled Investment Strategy (Steven A. Schoenfeld)
25. Choosing among Index Vehicles: How Does an Institutional Investor Select an Investment Product? (Joanne Hill and Barbara Mueller)
26. How and Why Large Pension Plans Use Index-Based Strategies as Their Core Investments (Nancy Calkins)
27. Tax-Efficient Indexation (Mark A. Zurack)
28. Indexing for Advisors: A Sophisticated Strategy for Professional Investment Advisors and Their Clients (Michael J. Chasnoff)
29. Indexing for Individual Investors (Greg Baer and Gary Gensler)
30. Indexing at the Core: The Four Key Axioms for Long-Term Investment Success (Steven A. Schoenfeld)
31. The Future of Indexing: The Revolution Has Just Begun! (Steven A. Schoenfeld)
Guide to the e-ppendix: www.ActiveIndexInvesting.com, Partnered with IndexUniverse.com
Abridged glossary of indexation and quantitative investment terminology
Abridged bibliography and research resources
Index
|
About Steven A. Schoenfeld |
Steven A. Schoenfeld is the Founder and Editor-in-Chief of IndexUniverse.com, the definitive online resource on index investing. He is also a Senior Research Fellow with Duke University's Global Capital Markets Center, and Managing Partner of Global Index Strategies LLC, which provides consulting services to the financial industry. Steven was Chief Investment Officer of Active Index Advisors, focusing on enhanced index portfolios and was a Managing Director of Barclays Global Investors (BGI), where he served in a variety of portfolio management and investment strategy roles.
Before joining BGI, he was an Investment Officer at the International Finance Corporation/World Bank, and a stock index futures trader in Singapore. Steven was a Fulbright Scholar in Economics, and co-authored The Pacific Rim Futures and Options Markets.
|
Buyers of Active Index Investing also bought
Bulk buying
| If you need bulk copies of Active Index Investing, or are interested in opening a corporate account, please contact us. |
|
|
Shopping basket