Publisher's Synopsis
The Robert W. Kolb Series in Finance is an unparalleled source of information dedicated to the most important issues in modern finance. Each book focuses on a specific topic in the field of finance and contains contributed chapters from both respected academics and experienced financial professionals. As part of the Robert W. Kolb Series in Finance, Institutional Money Management aims to provide a comprehensive understanding of the objectives, constraints, and strategies associated with this important discipline. The world′s growing reliance on capital markets as a source of financing and risk transfer, together with demographic trends such as the aging of developed countries′ populations, have increased the importance of institutional investors. Becoming familiar with the methods, practice, and participants associated with this evolving area of finance is essential. That′s why David Smith and Hany Shawky have created Institutional Money Management . Composed of contributed chapters from leading practitioners and academics with extensive experience in and knowledge of this field, Institutional Money Management covers a wide range of topics. Opening with a review of U.S. market regulations designed to guide the management of portfolios and protect investors—as well as an exploration of portfolio performance measurement and reporting standards for institutional investors—this reliable guide quickly moves on to introduce the key players involved in the institutional money management process. From there, it takes the time to discuss the major investment approaches associated with this discipline and address the various types of institutional investors in today′s market—from mutual funds and endowments to hedge funds and sovereign wealth funds. And with each chapter written by experts in the specific topic covered, you′ll gain the best insights into any array of institutional money management issues. The institutional money management landscape has changed. In order to excel within this arena, you must change with it. This book can show you how.
