Asset Management: A Systematic Approach to Factor Investing

Andrew Ang

Oxford University Press, Jul 7, 2014 - Business & Economics - 368 pages

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.

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About the author

Andrew Ang is the Ann F. Kaplan Professor of Business at Columbia Business School. He is a financial economist whose work centers on understanding the nature of risk and return in asset prices. His work spans bond markets, equities, asset management and portfolio allocation, and alternative investments. Prof. Ang has served as associate editor for several leading journals, and he has received grants from various government and industry organizations. He has consulted for several financial institutions, most often the Norwegian sovereign wealth fund. Prof. Ang received a Bachelor of Economics with First Class Honours from Macquarie University, Sydney, and a Masters of Statistics and PhD in Finance from Stanford University.

Bibliographic information

• Title: Asset Management: A Systematic Approach to Factor Investing; Financial Management Association Survey and Synthesis
• Author: Andrew Ang
• Publisher: Oxford University Press, 2014
• ISBN: 019938231X, 9780199382316
• Length: 368 pages
• Subjects: Business & Economics / Economics / Macroeconomics; Business & Economics / Finance / General; Business & Economics / Management