The Resource ActiveBeta Indexes : Capturing Systematic Sources of Active Equity Returns, (electronic resource)

ActiveBeta Indexes : Capturing Systematic Sources of Active Equity Returns, (electronic resource)

Label
ActiveBeta Indexes : Capturing Systematic Sources of Active Equity Returns
Title
ActiveBeta Indexes
Title remainder
Capturing Systematic Sources of Active Equity Returns
Creator
Contributor
Subject
Genre
Language
eng
Summary
An informative guide offering new and innovative ways to think about active management and investing ActiveBeta Indexes presents exciting new research that shows how above-market returns can be achieved in a low-cost, transparent, and efficient fashion. Active Betas reflect fundamental investment principles that have long been the foundation of active equity returns, but are commonly masqueraded as investment skill, or alpha. This groundbreaking book lifts the veil to uncover the common sources of active returns and reveals their beta-like properties. Developed by leading investment practitioners at Westpeak Global Advisors, ActiveBeta Indexes introduces Active Beta sources and explains how the behavior of short- and long-term earnings growth gives rise to systematic sources of active equity returns. Details a new index framework and research findings that could change the face of active portfolio management Presents patent-pending innovations for constructing style indexes and informationally-efficient active portfolios Explores the historical performance of ActiveBeta Indexes Wealth advisers, consultants, pensions and endowments, and other institutional investors will find the intellectual honesty of ActiveBeta Indexes a refreshing perspective on the active management industry. They will also find it a useful guide to a more strategic allocation of their risk and management fee budgets - a growing necessity in these challenging times
Member of
Cataloging source
AU-PeEL
http://library.link/vocab/creatorName
Ghayur, Khalid
Dewey number
332.63/222
LC call number
HG4636 -- .A328 2010eb
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Heaney, Ronan G
  • Komon, Stephen A
Series statement
Wiley Finance
Series volume
v.588
http://library.link/vocab/subjectName
  • Investments
  • Stock price indexes
Label
ActiveBeta Indexes : Capturing Systematic Sources of Active Equity Returns, (electronic resource)
Link
http://umanitoba.eblib.com/patron/FullRecord.aspx?p=487627
Instantiates
Publication
Note
Description based upon print version of record
Contents
  • ActiveBeta Indexes: Capturing Systematic Sources of Active Equity Returns; Contents; Foreword; Preface; THE PROBLEM; THE SOLUTION; ACTIVEBETA INDEX APPLICATIONS; OUR CONTRIBUTION; STRUCTURE OF THE BOOK; ACKNOWLEDGMENTS; Section One: Background; Chapter 1: The Evolution of Market Indexes and Index Funds; THE EARLY DAYS OF INDEXING; THE INCEPTION OF THE MUTUAL FUND INDUSTRY; ENTER ACADEMIA; THE ADVENT OF INDEX/PASSIVE MUTUAL FUNDS; INDEX MUTUAL FUNDS FOR THE PUBLIC; CONCLUSION; Chapter 2: The Evolution of Equity Style Indexes; EMPIRICAL CHALLENGES TO FINANCIAL THEORIES
  • THEORETICAL EXPLANATIONS OF ANOMALIESESTABLISHING EQUITY STYLES; EQUITY STYLE INDEX METHODOLOGY; PITFALLS OF CURRENT EQUITY STYLE INDEXES; CONCLUSION; Section Two: ActiveBeta Conceptual Framework; Chapter 3: Introducing Active Betas; DEFINING ACTIVE BETAS; IDENTIFYING THE DRIVERS OF EQUITY RETURNS; VERIFICATION; EXPLORING THE BEHAVIOR OF RETURN DRIVERS; Chapter 4: Behavior of Short-Term Earnings Expectation and the Link with Price Momentum; ANALYSIS METHODOLOGY; RELATIONSHIPS STUDIED; DECOMPOSING MOMENTUM RETURNS; CONCLUSION; APPENDIX: REGRESSION ANALYSIS AND CORRELATION COEFFICIENT
  • Chapter 5: Behavior of Long-Term Earnings Expectation and the Link with ValueRELATIONSHIPS STUDIED; INVESTMENT HORIZON OF VALUE STRATEGIES; IMPLICATIONS FOR STOCK RISK PREMIUM; DECOMPOSING VALUE RETURNS; CONCLUSION; Chapter 6: Pricing and Persistence of Systematic Sources of Active Equity Returns; PRICING OF THE SYSTEMATIC SOURCES OF ACTIVE EQUITY RETURNS; PERSISTENCE OF THE SYSTEMATIC SOURCES OF ACTIVE EQUITY RETURNS; MOMENTUM, VALUE, AND RISK AVERSION; ACTIVEBETA FRAMEWORK: A SUMMARY OF RELATIONSHIPS; Section Three: ActiveBeta Indexes; Chapter 7: ActiveBeta Index Construction Methodology
  • INVESTMENT PROCESS INDEXESOBJECTIVES OF INVESTMENT PROCESS INDEXES; CONFLICTING OBJECTIVES; TRANSPARENCY, UNDERSTANDING, AND RATIONALE OF THE ACTIVEBETA MOMENTUM INDEX; ACTIVEBETA INDEX CONSTRUCTION PROCESS; DIFFERENCES IN CONSTRUCTION BETWEEN ACTIVEBETA INDEXES AND OTHER PUBLIC STYLE INDEXES; ACHIEVING OBJECTIVES; CONCLUSION; APPENDIX: ACTIVEBETA INDEX CONSTRUCTION PROCESS EXAMPLE; Chapter 8: Historical Performance of ActiveBeta Indexes; ACTIVEBETA INDEX CONSTRUCTION PROCESS OVERVIEW; ACTIVEBETA INDEX PERFORMANCE: HIGHLIGHTS; ACTIVEBETA INDEX PERFORMANCE: DETAILED ANALYSIS
  • ACTIVEBETA INDEX EXPOSURESCONCLUSION; Chapter 9: ActiveBeta Index Applications; STYLE INVESTING: A NEW FRAMEWORK; PERFORMANCE ATTRIBUTION: DECOMPOSING ACTIVE MANAGER RETURNS; PORTFOLIO STRUCTURING: REVISITING THE ALPHA-BETA RETURN SEPARATION; PERFORMANCE BENCHMARKING; RESEARCH AND ANALYSIS; INVESTMENT VEHICLES; Section Four: ActiveBeta Customizable Solutions; Chapter 10: Alternative Solutions for Capturing Active Betas; ACTIVEBETA CUSTOM INDEXES; ACTIVEBETA CUSTOM SOLUTIONS; A WORD ON TRADITIONAL ACTIVE MANAGEMENT; CONCLUSION; Chapter 11: Concluding Remarks; Disclosures; Bibliography
  • About the Authors
Dimensions
unknown
Edition
1st ed.
Extent
1 online resource (242 p.)
Form of item
electronic
Isbn
9780470632956
Specific material designation
remote
System control number
  • EBL487627
  • (OCoLC)607553785
  • (AU-PeEL)EBL487627
Label
ActiveBeta Indexes : Capturing Systematic Sources of Active Equity Returns, (electronic resource)
Link
http://umanitoba.eblib.com/patron/FullRecord.aspx?p=487627
Publication
Note
Description based upon print version of record
Contents
  • ActiveBeta Indexes: Capturing Systematic Sources of Active Equity Returns; Contents; Foreword; Preface; THE PROBLEM; THE SOLUTION; ACTIVEBETA INDEX APPLICATIONS; OUR CONTRIBUTION; STRUCTURE OF THE BOOK; ACKNOWLEDGMENTS; Section One: Background; Chapter 1: The Evolution of Market Indexes and Index Funds; THE EARLY DAYS OF INDEXING; THE INCEPTION OF THE MUTUAL FUND INDUSTRY; ENTER ACADEMIA; THE ADVENT OF INDEX/PASSIVE MUTUAL FUNDS; INDEX MUTUAL FUNDS FOR THE PUBLIC; CONCLUSION; Chapter 2: The Evolution of Equity Style Indexes; EMPIRICAL CHALLENGES TO FINANCIAL THEORIES
  • THEORETICAL EXPLANATIONS OF ANOMALIESESTABLISHING EQUITY STYLES; EQUITY STYLE INDEX METHODOLOGY; PITFALLS OF CURRENT EQUITY STYLE INDEXES; CONCLUSION; Section Two: ActiveBeta Conceptual Framework; Chapter 3: Introducing Active Betas; DEFINING ACTIVE BETAS; IDENTIFYING THE DRIVERS OF EQUITY RETURNS; VERIFICATION; EXPLORING THE BEHAVIOR OF RETURN DRIVERS; Chapter 4: Behavior of Short-Term Earnings Expectation and the Link with Price Momentum; ANALYSIS METHODOLOGY; RELATIONSHIPS STUDIED; DECOMPOSING MOMENTUM RETURNS; CONCLUSION; APPENDIX: REGRESSION ANALYSIS AND CORRELATION COEFFICIENT
  • Chapter 5: Behavior of Long-Term Earnings Expectation and the Link with ValueRELATIONSHIPS STUDIED; INVESTMENT HORIZON OF VALUE STRATEGIES; IMPLICATIONS FOR STOCK RISK PREMIUM; DECOMPOSING VALUE RETURNS; CONCLUSION; Chapter 6: Pricing and Persistence of Systematic Sources of Active Equity Returns; PRICING OF THE SYSTEMATIC SOURCES OF ACTIVE EQUITY RETURNS; PERSISTENCE OF THE SYSTEMATIC SOURCES OF ACTIVE EQUITY RETURNS; MOMENTUM, VALUE, AND RISK AVERSION; ACTIVEBETA FRAMEWORK: A SUMMARY OF RELATIONSHIPS; Section Three: ActiveBeta Indexes; Chapter 7: ActiveBeta Index Construction Methodology
  • INVESTMENT PROCESS INDEXESOBJECTIVES OF INVESTMENT PROCESS INDEXES; CONFLICTING OBJECTIVES; TRANSPARENCY, UNDERSTANDING, AND RATIONALE OF THE ACTIVEBETA MOMENTUM INDEX; ACTIVEBETA INDEX CONSTRUCTION PROCESS; DIFFERENCES IN CONSTRUCTION BETWEEN ACTIVEBETA INDEXES AND OTHER PUBLIC STYLE INDEXES; ACHIEVING OBJECTIVES; CONCLUSION; APPENDIX: ACTIVEBETA INDEX CONSTRUCTION PROCESS EXAMPLE; Chapter 8: Historical Performance of ActiveBeta Indexes; ACTIVEBETA INDEX CONSTRUCTION PROCESS OVERVIEW; ACTIVEBETA INDEX PERFORMANCE: HIGHLIGHTS; ACTIVEBETA INDEX PERFORMANCE: DETAILED ANALYSIS
  • ACTIVEBETA INDEX EXPOSURESCONCLUSION; Chapter 9: ActiveBeta Index Applications; STYLE INVESTING: A NEW FRAMEWORK; PERFORMANCE ATTRIBUTION: DECOMPOSING ACTIVE MANAGER RETURNS; PORTFOLIO STRUCTURING: REVISITING THE ALPHA-BETA RETURN SEPARATION; PERFORMANCE BENCHMARKING; RESEARCH AND ANALYSIS; INVESTMENT VEHICLES; Section Four: ActiveBeta Customizable Solutions; Chapter 10: Alternative Solutions for Capturing Active Betas; ACTIVEBETA CUSTOM INDEXES; ACTIVEBETA CUSTOM SOLUTIONS; A WORD ON TRADITIONAL ACTIVE MANAGEMENT; CONCLUSION; Chapter 11: Concluding Remarks; Disclosures; Bibliography
  • About the Authors
Dimensions
unknown
Edition
1st ed.
Extent
1 online resource (242 p.)
Form of item
electronic
Isbn
9780470632956
Specific material designation
remote
System control number
  • EBL487627
  • (OCoLC)607553785
  • (AU-PeEL)EBL487627

Library Locations

  • Albert D. Cohen Management LibraryBorrow it
    181 Freedman Crescent, Winnipeg, MB, R3T 5V4, CA
    49.807878 -97.129961
  • Architecture/Fine Arts LibraryBorrow it
    84 Curry Place, Winnipeg, MB, CA
    49.807716 -97.136226
  • Archives and Special CollectionsBorrow it
    25 Chancellors Circle (Elizabeth Dafoe Library), Room 330, Winnipeg, MB, R3T 2N2, CA
    49.809961 -97.131878
  • Bibliothèque Alfred-Monnin (Université de Saint-Boniface)Borrow it
    200, avenue de la Cathédrale, Local 2110, Winnipeg, MB, R2H 0H7, CA
    49.888861 -97.119735
  • Bill Larson Library (Grace Hospital)Borrow it
    300 Booth Drive, G-227, Winnipeg, MB, R3J 3M7, CA
    49.882400 -97.276436
  • Carolyn Sifton - Helene Fuld Library (St. Boniface General Hospital)Borrow it
    409 Tache Avenue, Winnipeg, MB, R2H 2A6, CA
    49.883388 -97.126050
  • Concordia Hospital LibraryBorrow it
    1095 Concordia Avenue, Winnipeg, MB, R2K 3S8, CA
    49.913252 -97.064683
  • Donald W. Craik Engineering LibraryBorrow it
    75B Chancellors Circle (Engineering Building E3), Room 361, Winnipeg, MB, R3T 2N2, CA
    49.809053 -97.133292
  • E.K. Williams Law LibraryBorrow it
    224 Dysart Road, Winnipeg, MB, R3T 5V4, CA
    49.811829 -97.131017
  • Eckhardt-Gramatté Music LibraryBorrow it
    136 Dafoe Road (Taché Arts Complex), Room 257, Winnipeg, MB, R3T 2N2, CA
    49.807964 -97.132222
  • Elizabeth Dafoe LibraryBorrow it
    25 Chancellors Circle, Winnipeg, MB, R3T 2N2, CA
    49.809961 -97.131878
  • Fr. H. Drake Library (St. Paul's College)Borrow it
    70 Dysart Road, Winnipeg, MB, R3T 2M6, CA
    49.810605 -97.138184
  • J.W. Crane Memorial Library (Deer Lodge Centre)Borrow it
    2109 Portage Avenue, Winnipeg, MB, R3J 0L3, CA
    49.878000 -97.235520
  • Libraries Annex (not open to the public; please see web page for details)Borrow it
    25 Chancellors Circle (in the Elizabeth Dafoe Library), Winnipeg, MB, R3T 2N2, CA
    49.809961 -97.131878
  • Neil John Maclean Health Sciences LibraryBorrow it
    727 McDermot Avenue (Brodie Centre), 200 Level, Winnipeg, MB, R3E 3P5, CA
    49.903563 -97.160554
  • Sciences and Technology LibraryBorrow it
    186 Dysart Road, Winnipeg, MB, R3T 2M8, CA
    49.811526 -97.133257
  • Seven Oaks General Hospital LibraryBorrow it
    2300 McPhillips Street, Winnipeg, MB, R2V 3M3, CA
    49.955177 -97.148865
  • Sister St. Odilon Library (Misericordia Health Centre)Borrow it
    99 Cornish Avenue, Winnipeg, MB, R3C 1A2, CA
    49.879592 -97.160425
  • St. John's College LibraryBorrow it
    92 Dysart Road, Winnipeg, MB, R3T 2M5, CA
    49.811242 -97.137156
  • Victoria General Hospital LibraryBorrow it
    2340 Pembina Highway, Winnipeg, MB, R3T 2E8, CA
    49.806755 -97.152739
  • William R Newman Library (Agriculture)Borrow it
    66 Dafoe Road, Winnipeg, MB, R3T 2R3, CA
    49.806936 -97.135525
Processing Feedback ...