Investment Management

Praise for Investment Management &quote;A compelling analysis of the challenges of investment management, and why investment management firms require innovation to succeed.&quote; Blake Grossman, CEO, Barclays Global Investors &quote;Great investment managers understand that positioning portfolios for clients should not be an act of conformity, but rather a constant journey of shifting fundamentals and opinion. Wayne and Ralph bring this fact to life by addressing some of the key challenges to serious investment thinking, using top-level researchers in their respective fields. For those investment managers and clients who want to go beyond the ordinary.&quote; Jeff Diermeier, former CEO of CFA Institute and retired CIO of UBS Global Asset Management &quote;The essays in this book provide an invaluable reference point of serious readings for money managers. The works provide the analyst with the most recent scholarship in a single book, presenting ideas and philosophy that will lead me back to its various sections time and time again.&quote; Kenneth S. Hackel, CFA, President, CT Capital LLC &quote;The crash of 2007 2009 brought a harsh conclusion to a quarter of a century of unprecedented growth and prosperity for the investment management industry, which faces no less a task than reinventing itself. Rieves' and Wagner's contribution to the way forward couldn't be timelier.&quote; Richard Ennis, Principal, Ennis Knupp + Associates &quote;This book uniformly focuses on the best practices to which investment management professionals should commit. I highly recommend this book to investment managers, sales people, and trustees of pensions, endowments, trusts, and mutual funds.&quote; Jack Clark Francis, PhD, Professor of Economics and Finance, Bernard Baruch College