Abstract
Equity indexes out-perform the majority of active fund management strategies. Not only will this book teach the reader to construct an optimal index, but it will also assist fund managers to ’know their enemy’. Index construction is an important scientific process. There are now estimated to be 14 trillion Euros of equities under professional management, and theory suggests that these funds should have an appropriate benchmark in order to match assets and liabilities.
| Original language | English |
|---|---|
| Number of pages | 250 |
| Publication status | Published - 16 Apr 2007 |
Keywords
- equity index
- fund management industry
- benchmark methodology