Picture 1 of 1

Gallery
Picture 1 of 1

Asset Management: A Systematic Approach to Factor Investing [Financial Managemen
US $42.13
Approximately£31.04
Condition:
Like New
A book that has been read, but looks new. The book cover has no visible wear, and the dust jacket (if applicable) is included for hard covers. No missing or damaged pages, no creases or tears, no underlining or highlighting of text, and no writing in the margins. May have no identifying marks on the inside cover. No wear and tear. See the seller’s listing for full details and description of any imperfections.
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
Postage:
Free Economy Shipping.
Located in: South San Francisco, California, United States
Delivery:
Estimated between Tue, 17 Jun and Fri, 20 Jun to 94104
Returns:
No returns accepted.
Payments:
Shop with confidence
Seller assumes all responsibility for this listing.
eBay item number:356679583056
All net proceeds will support Goodwill of the San Francisco Bay
- Official eBay for Charity listing. Learn more
- This sale benefits a verified non-profit partner.
Item specifics
- Condition
- ISBN
- 9780199959327
About this product
Product Identifiers
Publisher
Oxford University Press, Incorporated
ISBN-10
0199959323
ISBN-13
9780199959327
eBay Product ID (ePID)
201610192
Product Key Features
Number of Pages
736 Pages
Publication Name
Asset Management : a Systematic Approach to Factor Investing
Language
English
Publication Year
2014
Subject
Finance / General, General, Investments & Securities / General
Type
Textbook
Subject Area
Business & Economics
Series
Financial Management Association Survey and Synthesis Ser.
Format
Hardcover
Dimensions
Item Height
1.7 in
Item Weight
41.1 Oz
Item Length
9.3 in
Item Width
6.2 in
Additional Product Features
Intended Audience
Scholarly & Professional
LCCN
2013-042000
Dewey Edition
23
Illustrated
Yes
Dewey Decimal
332.601
Table Of Content
Preface: Asset ManagementPart I: The Asset OwnerChapter 1: Asset Owners Chapter 2: Preferences Chapter 3: Mean-Variance Investing Chapter 4: Investing for the Long Run Chapter 5: Investing Over the Life CyclePart II: Factor Risk PremiumsChapter 6: Factor Theory Chapter 7: Factors Chapter 8: EquitiesChapter 9: Bonds Chapter 10: Alpha (and the Low Risk Anomaly)Chapter 11: "Real" AssetsChapter 12: Tax-Efficient Investing Chapter 13: Illiquid Assets Chapter 14: Factor InvestingPart III: Delegated Portfolio ManagementChapter 15: Delegated Investing Chapter 16: Mutual Funds and Other 40-Act FundsChapter 17: Hedge Funds Chapter 18: Private Equity Afterword: Factor Management Appendix: Returns AcknowledgementsBibliographyIndex
Synopsis
Stocks and bonds? Real estate? Hedge funds? Private equity? If you think those are the things to focus on in building an investment portfolio, Andrew Ang has accumulated a body of research that will prove otherwise.In his new book Asset Management: A Systematic Approach to Factor Investing, Ang upends the conventional wisdom about asset allocation by showing that what matters aren't asset class labels but the bundles of overlapping risks they represent. Making investments is like eating a healthy diet, Ang says: you've got to look through the foods you eat to focus on the nutrients they contain. Failing to do so can lead to a serious case of malnutrition - for investors as well as diners.The key, in Ang's view, is bad times, and the fact that every investor's bad times are somewhat different. The notion that bad times are paramount is the guiding principle of the book, which offers a new approach to the age-old problem of where do you put your money? Years of experience, both as a finance professor and as a consultant, have led Ang to see that the traditional approach, with its focus on asset classes, is too crude and ultimately too costly to serve investors adequately. He focuses instead on "factor risks," the peculiar sets of hard times that cut across asset classes, and that must be the focus of our attention if we are to weather market turmoil and receive the rewards that come with doing so. Optimally harvesting factor premiums - on our own or by hiring others -r equires identifying your particular set of hard times, and exploiting the difference between them and those of the average investor. Clearly written yet chock-full of the latest research and data, Asset Management will be indispensable reading for trustees, professional money managers, smart private investors, and business students who want to understand the economics behind factor risk premiums, harvest them efficiently in their portfolios, and embark on the search for true alpha., In Asset Management: A Systematic Approach to Factor Investing, Professor Andrew Ang presents a comprehensive, new approach to the age-old problem of where to put your money. Years of experience as a finance professor and a consultant have led him to see that what matters aren't asset class labels, but instead the bundles of overlapping risks they represent. Factor risks must be the focus of our attention if we are to weather market turmoil and receive therewards that come with doing so. Clearly written yet full of the latest research and data, Asset Management is indispensable reading for trustees, professional money managers, smartprivate investors, and business students who want to understand the economics behind factor risk premiums, to harvest them efficiently in their portfolios, and to embark on the search for true alpha., Stocks and bonds? Real estate? Hedge funds? Private equity? The conventional way of allocating across asset classes fails to account for the overlapping risks they represent. Investors must consider the underlying factor risks behind asset class labels, just as eating a healthy diet requires looking through foods to the nutrients they contain. Factor risks are the hard times that affect all assets, and investors are rewarded for weathering losses during bad timeswith long-run risk premiums. Optimally harvesting factor risk premiums-on our own or by hiring others-requires identifying our particular set of bad times, and exploiting the difference between them andthose of the average investor., In Asset Management: A Systematic Approach to Factor Investing , Professor Andrew Ang presents a comprehensive, new approach to the age-old problem of where to put your money. Years of experience as a finance professor and a consultant have led him to see that what matters aren't asset class labels, but instead the bundles of overlapping risks they represent. Factor risks must be the focus of our attention if we are to weather market turmoil and receive the rewards that come with doing so. Clearly written yet full of the latest research and data, Asset Management is indispensable reading for trustees, professional money managers, smart private investors, and business students who want to understand the economics behind factor risk premiums, to harvest them efficiently in their portfolios, and to embark on the search for true alpha.
LC Classification Number
HG4028.A84A54 2014
Item description from the seller
Seller business information
About this seller
goodwillexpress
98.7% positive Feedback•844K items sold
Registered as a business seller
Seller Feedback (306,286)
- e***- (85)- Feedback left by buyer.Past 6 monthsVerified purchaseFantastic experience all around! The transaction was fast and easy, with smooth communication every step of the way. The item arrived quickly, was securely packaged, and matched the description perfectly. Seller was responsive, helpful, and clearly cares about providing great service. One of the best eBay sellers I’ve had the pleasure of dealing with. 10 out of 10—highly recommended! Would absolutely buy from again without hesitation. Thanks so much!
- a***n (818)- Feedback left by buyer.Past 6 monthsVerified purchaseFast ship, described as 'Very Good' and arrived in a strong packaging as a nice 'tight' copy with the author's signature too! Yes, there is a ding on the front top but it's a small thing for the bargain at best pricing at time of purchase! See photos! Great seller! Thank you!Jacques Ppin Heart & Soul in the Kitchen (#356558393888)
- t***t (109)- Feedback left by buyer.Past monthVerified purchaseShipped quickly, well packed, and in advertised condition. It was listed as being in good condition and, other than a big crease in the back cover, the rest of the book was in very good condition so the description was accurate. I also bought another book from the seller and that one was better than advertised condition so this is a very good seller.
More to explore:
- What Investment Magazines,
- What Investment Magazines in English,
- What Investment Monthly Magazines,
- Non-Fiction Investment Hardcover Books,
- What Investment Monthly Magazines in English,
- People Management Magazines,
- Management Today Magazines,
- Non-Fiction Investment Fiction & Non-Fiction Books,
- Adult Learning and University Management Book,
- Management School Textbooks & Study Guides