Winning at Active Management: The Essential Roles of Culture, Philosophy, and Technology
| Author | : | |
| Rating | : | 4.63 (844 Votes) |
| Asin | : | 1119051827 |
| Format Type | : | paperback |
| Number of Pages | : | 336 Pages |
| Publish Date | : | 2017-02-17 |
| Language | : | English |
DESCRIPTION:
Harvey, Ph.D., Professor of Finance, Duke University, Co-author, Corporate Culture: Evidence from the Field “Bill Priest and his co-authors expertly capture what's at stake in the debate about active versus passive investing. Winning at Active Management is a bold step forward in filling this gap.”- Campbell R. Praise for Winning at Active Management“In this highly accessible book, Bill Priest and his co-authors do a masterful job demonstrating the critical components of success for any investment manager: maintaining the right culture, developing a rigorous and effective investment philosophy, and embracing technologies that can capture greater value from fundamental insights. Investors interested in
The authors assert that the most effective portfolio strategies result from neither pure fundamental nor quantitative methods, but instead from thoughtful combinations of analyst and portfolio manager experience and skill with the speed and breadth of quantitative analysis. The ongoing debate over active versus passive management is reviewed in detail, drawing on both financial theory and real-world investing results. The book also contrasts traditional methods of portfolio management, based on accounting metrics and price-earnings ratios, with Epoch Investment Partners’ philosophy of investing on free cash flow and appropriate capital allocation.Winning at Active Management closes with an inquiry into the crucial and growing role of technology in investing. Winning at Active Management conducts an in-depth examination of crucial issues facing the investment management industry, and will be a valuable resource for asset managers, institutional consultants, managers of pension and endowment funds, and advisers to
Can Active Managers Get Back to Winning? Greg Powell Investors are shifting money into passive funds at a fevered pace. Can active managers ever hope to win back these clients? In Winning at Active Management, Bill Priest and his co-authors make the case that their firm Epoch Investment Partners has what it takes to outperform passive funds over the long term.The three most important elements of the Epoch approach involve 1) building a great cultur. Two Stars Patte P Nothing really new or interesting