Travers Investment Manager Analysis

A Comprehensive Guide to Portfolio Selection, Monitoring and Optimization
1. Auflage 2004
ISBN: 978-0-471-68453-4
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 400 Seiten, E-Book

Reihe: Wiley Finance Editions

Praise for Investment Manager Analysis
"This is a book that should have been written years ago. Itprovides a practical, thorough, and completely objective method toanalyze and select an investment manager. It takes the mystery (andthe consultants) out of the equation. Without question, this bookbelongs on every Plan Sponsor's desk."
--Dave Davenport, Assistant Treasurer, Lord Corporation,author of The Equity Manager Search
"An insightful compendium of the issues that challenge thoseresponsible for hiring and firing investment managers. FrankTravers does a good job of taking complicated analytical tools andmethodologies and explaining them in a simple, yet practicalmanner. Anyone responsible for conducting investment manager duediligence should have a copy on their bookshelf."
--Leon G. Cooperman, Chairman and CEO, Omega Advisors,Inc.
"Investment Manager Analysis provides a goodoverview of the important areas that purchasers of institutionalinvestment management services need to consider. It is a goodinstructional guide, from which search policies and procedures canbe developed, as well as a handy reference guide."
--David Spaulding, President, The Spaulding Group, Inc.
"This book is the definitive work on the investment managerselection process. It is comprehensive in scope and well organizedfor both the layman and the professional. It should be requiredreading for any organization or individual seeking talent to managetheir assets."
--Scott Johnston, Chairman and Chief Investment Officer,Sterling Johnston Capital Management, LP
"Investment Manager Analysis is a much-needed,comprehensive review of the manager selection process. While theindustry is riddled with information about selecting individualstocks, comparatively little has been written on the importantsubject of manager selection for fund sponsors. This is aparticularly useful guide for the less experienced practitioner andoffers considerable value to the veteran decisionmaker aswell."
--Dennis J. Trittin, CFA, Portfolio Manager, RussellInvestment Group

Autoren/Hrsg.

Travers, Frank J.

Inhaltsverzeichnis

Introduction.
PART ONE: Before the Analysis.
CHAPTER 1: Setting Investment Guidelines.
CHAPTER 2: Investment Manager Sourcing.
CHAPTER 3: Request for Information.
PART TWO: Equity and Fixed Income Manager Analysis.
CHAPTER 4: Performance Analysis.
CHAPTER 5: Risk Analysis.
CHAPTER 6: Portfolio Analysis.
CHAPTER 7: Information Gathering.
CHAPTER 8: Initial Interview.
CHAPTER 9: Attribution Analysis.
CHAPTER 10: Style Analysis.
CHAPTER 11: On-Site Meeting.
CHAPTER 12: Investment Manager Scoring Model.
CHAPTER 13: Background Checks and Contracts.
CHAPTER 14: Fixed Income Manager Analysis.
PART THREE: Alternative Investment Manager Analysis.
CHAPTER 15: Hedge Fund Manager Analysis.
Index.

Über Autor(innen)

Frank J. Travers, CFA, is a Principal and Senior Portfolio Manager at Pine Street Advisors, LLC, where he is responsible for co-managing a diversified hedge fund-of-funds product. Previously, he was a managing director and director of research at CIC Group, Inc., where he managed a family of eight fund-of-funds, and acted as the portfolio manager for the firm's U.S. small-cap equity portfolio. Frank was also the director of manager research at CIBC World Markets, where he was responsible for investment manager due diligence for the firm's North American wrap program. His research papers and articles have been published in the Journal of Investing, Institutional Investor's Guide to Small Cap Investing, and Plan Sponsor.