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Alternative Assets

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Alternative Assets

Investments for a Post–Crisis World
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Description

The investment landscape has changed dramatically over the last few years, destroying many of the old certainties by which investors lived their lives. In particular, it has shaken belief in the ability of traditional asset types such as bonds and equities to protect them from abnormal market conditions, and it has brought home how closely correlation between different markets can be squeezed together by extreme pressure. Future investors will have to regard so-called "alternative" assets as essential elements within their portfolios, and be prepared to deal with the complexities that this will entail. This will in turn force a re-appraisal of core concepts such as "risk" and "return", not least because some alternative asset classes do not lend themselves well to traditional return measures. Exciting times lie ahead, but a thorough working knowledge of the various alternative asset classes will be an essential pre-requisite to success, and perhaps even to survival. Alternative Assets meets investor's need for a guide on where to allocate in this new climate. It provides investors with a primer on each alternative asset class, as well as practical tips on the pros and cons, implementation, returns analysis, fees and costs. It also offers introductory guidance on how to set investment targets, and how alternative assets can be accommodated within the allocation process. Each chapter gives useful background knowledge on a particular asset type, including a discussion of whether a satisfactory beta return level exists and, if so, the different ways in which it might be accessed. Written by best-selling author Guy Fraser-Sampson, this book guides investors through the new look alternative investment arena, providing post-financial crisis perspective and investment advice on the alternatives landscape.

Author Biography:

GUY FRASER-SAMPSON is one of the very few people in theworld to have expertise right across the whole range of so-called"alternative" assets, including in particular issues of analysis,access and implementation. He has twenty-five years' practicalexperience of different aspects of the subject, including fundstructuring, investment management and returns analysis. He is alsounusual in that to his many years of practical experience have beenadded the last few years in an academic setting, enabling him togain a whole new dimension on investment matters generally, notjust through teaching and lecturing but also by supervising variousresearch projects. Guy's work experience has included a period as InvestmentController with the Abu Dhabi Investment Authority, and setting upand running for several years the non-US activities of a leadingfund of funds manager. In addition to his work with funds, he hasalso conducted direct, secondary and mezzanine transactions aroundthe world. He is currently at the forefront of work on identifyingsources of beta return across different asset types, and discussingmethods of accessing these. Guy teaches post-graduate modules on private equity andinvestment strategy at Cass Business School in the City of London,and is also recogniZed as an authority on all types of alternativeassets. He performs consultancy and high level executive trainingassignments for clients around the world, and is also in demand asa provider of keynote addresses at investment conferences. Inaddition to various professional qualifications, he holds an LLBwith honours from King's College London, and an MBA majoring infinance from Warwick Business School. Guy writes for a number of finance and investment publications,including his influential monthly column in Real Deals. Heis the author of Multi-Asset Class Investment Strategy, alsopublished as part of the Wiley Finance series, which questionsaccepted views of risk and return, and sets out ways in whichinvestors could and should incorporate a wide range of so-calledalternative assets into their planned portfolios. He conductsregular investor workshops around the world based upon hisbooks. He has won praise for his no-nonsense writing style, which aimsto de-mystify finance and make it accessible to the general readerby means of explaining the concepts which lie behind it, and theuse of practical everyday examples.
Release date Australia
October 22nd, 2010
Audience
  • Professional & Vocational
Pages
248
Dimensions
154x233x25
ISBN-13
9780470661376
Product ID
8264910

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