Coverart for item
The Resource Applied investment theory : how markets and investors behave, and why, Les Coleman, (electronic book)

Applied investment theory : how markets and investors behave, and why, Les Coleman, (electronic book)

Label
Applied investment theory : how markets and investors behave, and why
Title
Applied investment theory
Title remainder
how markets and investors behave, and why
Statement of responsibility
Les Coleman
Creator
Author
Subject
Language
eng
Summary
Institutions now dominate trading in equities around the world. Mutual funds are the most prominent, and doubly important as custodians of retirement savings. Despite this, there is no comprehensive description of fund manager behaviour, much less a matching theory. This is troubling because one of the most economically significant puzzles in finance is why experienced, well-resourced fund managers cannot outperform the market. Applied Investment Theory: How Equity Markets Behave, and Why brings together academic research, empirical evidence and real market experience to provide new insights into equity markets and their behaviours. The book draws upon the author's rich industry experience and academic research, plus over 40 interviews with fund managers on three continents and across different markets. The result is an innovative model that explains the puzzle of poor performance by mutual funds in terms of structural features of markets, the managed investment industry, and the conduct of fund managers. This book provides a fully integrated depiction of what markets and investors do, and why -- insights that will resonate with the needs of investors, wealth managers and industry regulators. It is fully documented, but free of jargon and arcane math, and provides a grounded theory that is relevant to anyone who wants to pierce the opacity of mutual fund operations. Applied Investment Theory sets out a new paradigm in investment that is at the forefront of what should be an industrial-scale development of new finance theory following two decades of almost back-to-back financial crises
Cataloging source
N$T
http://library.link/vocab/creatorName
Coleman, Les
Dewey number
332.6
Illustrations
illustrations
Index
index present
LC call number
HG4515
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/subjectName
Investments
Label
Applied investment theory : how markets and investors behave, and why, Les Coleman, (electronic book)
Instantiates
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
1. Introduction -- 2. Current paradigm: neoclassical investment theory -- 3. Behavioural biases in investor decisions -- 4. Uncertainty in investor wealth -- 5. Building investment theory using the structure-conduct-performance (SCP) paradigm -- 6. Structure of equity prices -- 7. The mutual fund industry: structure and conduct -- 8. Fund managers' conduct: the story of how they invest -- 9. Performance of mutual funds -- 10. Piecing together the jigsaw: applied investment theory -- 11. Real world application of applied investment theory
Dimensions
unknown
Extent
1 online resource (246 pages)
File format
unknown
Form of item
online
Isbn
9783319439761
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1007/978-3-319-43976-1
Other physical details
illustrations
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
ocn972899916
Label
Applied investment theory : how markets and investors behave, and why, Les Coleman, (electronic book)
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
1. Introduction -- 2. Current paradigm: neoclassical investment theory -- 3. Behavioural biases in investor decisions -- 4. Uncertainty in investor wealth -- 5. Building investment theory using the structure-conduct-performance (SCP) paradigm -- 6. Structure of equity prices -- 7. The mutual fund industry: structure and conduct -- 8. Fund managers' conduct: the story of how they invest -- 9. Performance of mutual funds -- 10. Piecing together the jigsaw: applied investment theory -- 11. Real world application of applied investment theory
Dimensions
unknown
Extent
1 online resource (246 pages)
File format
unknown
Form of item
online
Isbn
9783319439761
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1007/978-3-319-43976-1
Other physical details
illustrations
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
ocn972899916

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