However, this past windfall leaves retirement savers and investors now facing the prospect of record-low future expected returns. Emphasizing this pressing challenge, the book highlights the role that timeless investment practices – discipline, humility, and patience – will play in enabling investment success.
It then assesses current investor practices and the body of empirical evidence to illuminate the building blocks for improving long-run returns in today’s environment and beyond. It concludes by reviewing how to put them together through effective portfolio construction, risk management, and cost control practices.
In this book, readers will also find:
The common investor responses so far to the low expected return challenge
Extensive empirical evidence on the critical ingredients of an effective portfolio: major asset class premia, illiquidity premia, style premia, and alpha
Discussions of the pros and cons of illiquid investments, factor investing, ESG investing, risk mitigation strategies, and market timing
Coverage of the whole top-down investment process – throughout the book endorsing humility in tactical forecasting and boldness in diversification
Ideal for institutional and active individual investors, Investing Amid Low Expected Returns is a timeless resource that enables investing with serenity even in harsher financial conditions.
Format Inbunden Omfång 304 sidor Språk Engelska Förlag John Wiley & Sons Inc Utgivningsdatum 2022-03-31 ISBN 9781119860198 ","url":"https://cdon.se/produkt/investing-amid-low-expected-returns-inbunden-eng-e68343fbe0bd5ba4/","image":"https://cdn.cdon.com/media-dynamic/images/product/cloud/store/PrintBooks/000/164/585/479/164585479-307880233-11453-org.jpg?cache=133700895304110130","sku":"114711511","gtin":"9781119860198","brand":{"@type":"Brand","name":"John Wiley & Sons Inc"},"offers":{"@type":"Offer","url":"https://cdon.se/produkt/investing-amid-low-expected-returns-inbunden-eng-e68343fbe0bd5ba4/","priceCurrency":"SEK","price":310,"priceValidUntil":"2025-03-15T23:59:59.999+00:00","itemCondition":"https://schema.org/NewCondition","availability":"https://schema.org/InStock","seller":{"@type":"Organization","name":"CDON"},"shippingDetails":{"@id":"#shipping_policy","@type":"OfferShippingDetails","deliveryTime":{"@type":"ShippingDeliveryTime","handlingTime":{"@type":"QuantitativeValue","minValue":0,"maxValue":1,"unitCode":"DAY"},"transitTime":{"@type":"QuantitativeValue","minValue":5,"maxValue":6,"unitCode":"DAY"}}}}}