Innovations In Investment Management (cutting-edge Research)

Innovations in Investment Management is a selection of highlights from the recent Journal Of Investment Management (JOIM) Conference Series. The topics address several of the most pressing problems of the day pension funding, transaction costs, the search for alpha, and the topical subject of hedge funds and systemic risk. Pioneers such as Robert Merton, Andrew W. Lo, and Zvi Bodie were invited to participate in this project, and the resulting chapters represent the latest thinking of the highest echelon of acknowledged experts in their respective fields. The exclusive Journal Of Investment Management (JOIM) Conference Series showcases presentations by the top minds in finance, from both the academic and professional worlds. Their state-of-the-art research is presented to a small, exclusive, and equally prestigious audience, which in turn gives invaluable feedback to the presenters—sometimes contributing considerably to their findings. Leading figures in finance come together twice a year to form small think tanks sure to influence the future of finance. This book is a selection of the ideas presented at the first two conferences, shaped in a way most useful to financial professionals. Combining the presentations, the academic papers, as well as the most current research of each presenter, the chapters cover a variety of topics in investment management. Gifford Fong strips away all the noise, providing only the essential information from legendary market researchers Andrew W. Lo, Nobel Prize-winner Robert Merton, Zvi Bodie, Barton Waring, Sanjiv Das, Ananth Madhavan, George Chacko, and Terry Marsh.