Exchange-Traded Funds and the New Dynamics of Investing Hardback
by Ananth N. (Managing Director, Global Head of iShares Research, Managing Director, Global H Madhavan
Part of the Financial Management Association Survey and Synthesis Series series
Hardback
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Description
In Exchange-Traded Funds and the New Dynamics of Investing, Ananth Madhavan examines the quiet transformation of asset management through the rise of passive or index investing.
A closely-related phenomenon is the rise of exchange-traded funds (ETFs).
An ETF is an investment vehicle that trades intraday and seeks to replicate the performance of a specific index.
ETFs have grown substantially in size, diversity, and market significance in recent years.
These trends have generated considerable interest, especially from retail and institutional investors and increasingly from academics, regulators and the press.
ETFs have the power to be a disruptive innovation to today's asset management industry because many traditional active managers and hedge funds deliver a significant fraction of their active returns via static exposures to factors like value.
Indeed, for the first time ever, assets in global ETFs exceeded $3 trillion in 2015, passing the amount in hedge funds.
Information
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Out of StockMore expected soonContact us for further information
- Format:Hardback
- Pages:288 pages
- Publisher:Oxford University Press Inc
- Publication Date:18/08/2016
- Category:
- ISBN:9780190279394
Information
-
Out of StockMore expected soonContact us for further information
- Format:Hardback
- Pages:288 pages
- Publisher:Oxford University Press Inc
- Publication Date:18/08/2016
- Category:
- ISBN:9780190279394