Asymmetric returns
Subtitle: the future of active asset management
By: Alexander M. Ineichen.
Series: Wiley finance series
Publisher: Wiley
Published: 2007
Place of publication: Hoboken, N.J
Language: eng
Number of pages: 336
ISBN-13: 9780470042663
Subjects: Investment analysis; Investments; Hedge funds
Description: "Filled with in-depth insights and expert advice, Asymmetric Returns claims that it is possible for an active investment approach to yield a higher and more sustainable long-term return with lower downside volatility than is obtainable through passive, long-only strategies. The term asymmetry refers to most investors preferring positive returns over negative returns, that is, a return distribution skewed to the "upside."" "In essence, Asymmetric Returns is a manifesto for active asset management. Written in a straightforward and accessible style, this comprehensive guide reveals what it takes to achieve an asymmetric return profile - including an entrepreneurial mindset as well as a dynamic and flexible risk management process that truly corresponds to the end investors' risk preferences - and outlines the essential elements of this innovative investment approach."--Jacket.
Notes: Includes bibliographical references (p. 321-329) and index.