Publisher's Synopsis
This book provides professional investors with an approach to stock market valuation and portfolio management. Three institutional investment advisors show how to combine both for maximum results. They illustrate how three measures that gauge changes in the business outlook, interest rates, and investor confidence can point the way to investment advantage. Their analysis also addresses investment manager bias, a primary cause of costly mistakes in active asset allocation.;Institutional investors, including those who manage pension, endowment, and foundation funds, are under continuing pressure to remain current in the latest investment techniques. They should find the srategies presented here useful.
