An informative guide offering new and innovative ways to thinkabout active management and investing
ActiveBeta Indexes presents exciting new research thatshows how above-market returns can be achieved in a low-cost,transparent, and efficient fashion. Active Betas reflectfundamental investment principles that have long been thefoundation of active equity returns, but are commonly masqueradedas investment skill, or alpha. This groundbreaking book lifts theveil to uncover the common sources of active returns and revealstheir beta-like properties.
Developed by leading investment practitioners at Westpeak GlobalAdvisors, ActiveBeta Indexes introduces Active Beta sourcesand explains how the behavior of short- and long-term earningsgrowth gives rise to systematic sources of active equityreturns.
* Details a new index framework and research findings that couldchange the face of active portfolio management
* Presents patent-pending innovations for constructing styleindexes and informationally-efficient active portfolios
* Explores the historical performance of ActiveBeta Indexes
Wealth advisers, consultants, pensions and endowments, and otherinstitutional investors will find the intellectual honesty ofActiveBeta Indexes a refreshing perspective on the activemanagement industry. They will also find it a useful guide to amore strategic allocation of their risk and management fee budgets- a growing necessity in these challenging times.
Khalid Ghayur
Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlage Kapitalanlagen u. Wertpapiere