Booth Emerging Markets in an Upside Down World
1. Auflage 2014
ISBN: 978-1-118-87966-5
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
Challenging Perceptions in Asset Allocation and Investment
E-Book, Englisch, 280 Seiten, E-Book
Reihe: The Wiley Finance Series
ISBN: 978-1-118-87966-5
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
The world is upside down. The emerging market countriesare more important than many investors realise. They havebeen catching up with the West over the past few decades. Greater market freedom has spread since the end of the Cold War,and with it institutional changes which have further assistedemerging economies in becoming more productive, flexible, andresilient. The Western financial crisis from 2008 hasquickened the pace of the relative rise of emerging markets - theirrelative economic power, and with it political power, but alsotheir financial power as savers, investors and creditors.
Emerging Markets in an Upside Down World - ChallengingPerceptions in Asset Allocation and Investment argues thatfinance theory has misunderstood risk and that this has led to poorinvestment decisions; and that emerging markets constitute a goodexample of why traditional finance theory is faulty. The bookaccurately describes the complex and changing global environmentcurrently facing the investor and asset allocator. It raises manyquestions often bypassed because of the use of simplifyingassumptions and models. The narrative builds towards a checklist ofissues and questions for the asset allocator and investor and thento a discussion of a variety of regulatory and policy issues.
Aimed at institutional and retail investors as well aseconomics, finance, business and international relations students,Emerging Markets in an Upside Down World covers many complexideas, but is written to be accessible to the non-expert.




