Bridge over ocean
1 June 2017 Research Foundation

投资管理人的选择

The Importance of Manager Selection

  1. Scott D. Stewart, CFA
投资管理人的选择 - The Importance of Manager Selection View the full book (PDF)

Manager selection is a critical step in implementing any investment program. Investors hire portfolio managers to act as their agents, and portfolio managers are then expected to perform to the best of their abilities and in the investors’ best interests. Investors must practice due diligence when selecting portfolio managers. They need to not only identify skillful managers, but also determine the appropriate weights to assign to those managers. This book is designed to help investors improve their ability to select managers. Achieving this goal includes reviewing techniques for hiring active, indexed, and alternative managers; highlighting strategies for setting portfolio manager weights and monitoring current managers; and considering the value of quantitative and qualitative methods for successful manager selection.

Translated into Mandarin June 2017.

English version available

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