Efficient Asset Management

With clear definitions and real-world examples, Efficient Asset Management illuminates highly intuitive yet rigorous new approaches to defining optimal portfolios that will appeal to investment management executives, financial consultants, brokers, fund trustees, and everyone seeking to stay abreast of current investment techniques. Drawing on his original research, Michaud proposes a new, more effective approach to defining portfolio efficiency. In addition, he identifies and explains a number of powerful techniques - including the statistical analysis of optimized portfolios, improved input…