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Product Identifiers

PublisherMcgraw-Hill Education

ISBN-101260441482

ISBN-139781260441482

eBay Product ID (ePID)13038714444

Product Key Features

Book TitleDelivering Alpha: Lessons from 30 Years of Outperforming Investment Benchmarks

Number of Pages320 Pages

LanguageEnglish

Publication Year2018

TopicPersonal Finance / Investing, Investments & Securities / Portfolio Management, Investments & Securities / Analysis & Trading Strategies, Investments & Securities / General

IllustratorYes

GenreBusiness & Economics

AuthorHilda Ochoa-Brillembourg

FormatHardcover

Dimensions

Item Height1.1 in

Item Weight21.2 Oz

Item Length9.4 in

Item Width6.3 in

Additional Product Features

Intended AudienceTrade

LCCN2018-030689

Dewey Edition23

Dewey Decimal332.6

Table Of ContentPreface Introduction: The Incredible Ride Part I: Portfolio Fit Theory: The Value of an Investment to Your Portfolio Chapter 1: Fit Theory Part II: Building the Right Policy Portfolio Chapter 2: Meet the Skeptics Chapter 3: Investment Policy: Mission Objectives and Needs Chapter 4: Liability-Driven Investing: A Brave New World of Fiduciary Issues Chapter 5: Moving From Theory to Practice Chapter 6: Changing the Policy Chapter 7: Selecting Appropriate Benchmarks Chapter 8: Rebalancing Versus Tactical Tilts: How Frequently and Why? Chapter 9: Policies are Increasingly Diverging Chapter 10: Responsible Investing: One More Source of Divergence Chapter 11: The Uses of Volatility Chapter 12: Transporting Alphas (Or Betas) Part III: Structuring the Asset Class Chapter 13: New Maps of Value Chapter 14: Where the Structural Tilts Are Part IV: Selecting and Terminating Managers Chapter 15: Asking the Right Questions Chapter 16: When to Retain a Seriously Underperforming Manager Part V: Measuring and Managing Risks Chapter 17: The Boundaries of Risk Chapter 18: Nonmarket Risks Part VI: Built to Last: Leadership Attributes, Creative Management, Succession Planning, and Transitions Chapter 19: The Wisdom of Teams Chapter 20: Governing for Success Acknowledgments Appendix: Self-Assessment for Fiduciaries Glossary of Investment Terms Notes Bibliography Index

SynopsisFrom a former World Bank Executive and renowned investor--a detailed roadmap to adding consistent, sustainable value to globally diversified portfolios For many investors, alpha is akin to the Holy Grail. Risk-adjusted returns above benchmarks--alpha--are particularly challenging to achieve even with a sound strategy. Hilda Ochoa-Brillembourg is an expert on alpha. Over the past four decades, she and her team consistently exceeded benchmarks and delivered appreciable value added on their investments. In Delivering Alpha , she reveals the principles and methods employed in her investment strategies, along with insights drawn from her personal life. She shows how timing, market awareness, price, and relative value to the investor are critical drivers of effective investment decisions. Ochoa-Brillembourg also debunks common investment myths that often trip up both new and experienced investors. Delivering Alpha provides practical advice on: -Creating successful decision-making governance to reduce errors and correctly assign responsibilities and incentives -Dealing thoughtfully and effectively with governance challenges-Building the right policy portfolio, specifying desired allocations to each asset class-Structuring asset classes and adding value-oriented or other opportunistic "tilts"-Measuring and managing risks, avoiding common mistakes, and more Light on theory and serious on practice, this book is the culmination of a lifetime's experience from one of the most successful women in finance. It's essential reading for investors looking to add sustainable value to globally diversified portfolios., From a former World Bank Executive and renowned investor--a detailed roadmap to adding consistent, sustainable value to globally diversified portfolios For many investors, alpha is akin to the Holy Grail. Risk-adjusted returns above benchmarks--alpha--are particularly challenging to achieve even with a sound strategy. Hilda Ochoa-Brillembourg is an expert on alpha. Over the past four decades, she and her team consistently exceeded benchmarks and delivered appreciable value added on their investments. In Delivering Alpha , she reveals the principles and methods employed in her investment strategies, along with insights drawn from her personal life. She shows how timing, market awareness, price, and relative value to the investor are critical drivers of effective investment decisions. Ochoa-Brillembourg also debunks common investment myths that often trip up both new and experienced investors. Delivering Alpha provides practical advice on: *Creating successful decision-making governance to reduce errors and correctly assign responsibilities and incentives *Dealing thoughtfully and effectively with governance challenges *Building the right policy portfolio, specifying desired allocations to each asset class *Structuring asset classes and adding value-oriented or other opportunistic "tilts" *Measuring and managing risks, avoiding common mistakes, and more Light on theory and serious on practice, this book is the culmination of a lifetime's experience from one of the most successful women in finance. It's essential reading for investors looking to add sustainable value to globally diversified portfolios.

LC Classification NumberHG4521.O234 2018