Investment Beliefs A Positive Approach to Institutional Investing [Hardcover]

Having the right investment beliefs and putting them into practice is key to delivering the right results. Decision makers in the investment industry should worry less about the stocks and products they pick for their clients and more about getting the big picture right; developing investment beliefs are instrumental in making the right choices.Introduction PART I: INVESTMENT BELIEFS: THE FUNDAMENTALS Think Twice about Your Investment Philosophy Uncovering Beliefs Why Pension Investors and Asset Managers Differ PART II: EXPLORING BELIEFS Inefficiencies Risk Premiums Diversification Investment Horizon The Investment Process: Impact and Focus Decisions Risk Management Investment Style Costs Organization Sustainability PART III: EMBEDDING BELIEFS How to Hit the Ground Running (Re)engineering Your Own Beliefs References

'THIS BOOK HAS MUCH TO OFFER FOR THOSE READY TO RECEIVE ITS MESSAGES. PETER DRUCKER AND JOHN MAYNARD KEYNES WOULD BE PLEASED.'- Keith Ambachtsheer

'This is an impressive contribution to trustee knowledge and understanding, written in an accessible manner with thought-provoking ideas and guides for action. I strongly recommend this book to trustees and investment professionals.' Professor Gordon L. Clark, University of Oxford, UK

'The authors are early narrators of an important realization in the investment world: investors need to develop and implement 'good' investment beliefs to be successful. This book is a highly readable account of the practical issues investors encounter in this area and draws from many interesting live examples. It should be required reading for trustees and investment committee members globally.' Roger Urwin FIA, Global Head of Investment Content, Investment Consulting, Towers Watson

'Wonderful reading with a clear and well thought out message. Pension trustees and asset managers would be wise to carefully study the recommendations made as it will translate into enhanclÃ9