Innovations in Investment Management: Cutting Edge Research from the Exclusive JOIM Conference Series (Google eBook)

H. Gifford Fong

John Wiley & Sons, Jul 23, 2008 - Business & Economics - 223 pages

Founded by Gifford Fong in 2003, the Journal Of Investment Management (JOIM) is a premier publication that bridges the theory and practice of investment management. The JOIM Conference Series showcases the leading thinkers in finance from both the academic and professional worlds. Their research is presented to an exclusive—and equally prestigious—audience.

This book is a selection of the ideas offered at the first two conference series. Created from the presentations and background papers of each speaker, the resulting chapters cover a variety of topics in investment management, distilled to the essence of what financial professionals need to know.

Contributors include legendary market researchers Andrew W. Lo, Nobel Prize-winner Robert Merton, Zvi Bodie, Barton Waring, Sanjiv Das, Ananth Madhavan, George Chacko, and Terry Marsh.

Contents

• 1 A New Generation of Pension Fund Management: 1
• 2 Teaching Financial Literacy What the Retail Investor Needs to Know: 19
• 3 Managing Pension Funding Risks Using Modern Portfolio Theory: 29
• 4 A Simple Model for Pricing Securities with a DebtEquity Linkage: 85
• 5 Correlation in Daily Equity and FixedIncome Returns Implications for a CrossAsset Factor Model: 113
• 6 TransactionCost Modeling as a Source of Alpha: 135
• 7 Liquidity Risk in Financial Markets: 155
• 8 Do Hedge Funds Increase Systemic Risk?: 173
• Index: 219

About the author

H. Gifford Fong is president of Gifford Fong Associates and editor of the Journal Of Investment Management (JOIM). He has received many honors, including the Institute for Quantitative Research in Finance Award and the Financial Analysts Journal's Graham and Dodd Award of Excellence. He is also coauthor and editor of several books.

Bibliographic information

• Title: Innovations in Investment Management: Cutting Edge Research from the Exclusive JOIM Conference Series; Volume 54 of Bloomberg Financial; Bloomberg Professional Series
• Editor: H. Gifford Fong
• Edition: illustrated
• Publisher: John Wiley & Sons, 2008
• ISBN: 1576603024, 9781576603024
• Length: 223 pages
• Subjects: Business & Economics / Finance; Business & Economics / Investments & Securities / General; Business & Economics / Leadership