Financial Advice and Investment Decisions

A practical guide to adapting financial advice and investingto a post crisis worldThere's no room for business as usual in today's investmentmanagement environment. Following the recent financial crisis, bothretail and institutional investors are searching for new ways tooversee investment portfolios. How do you combine growth with a focus on wealth preservation? This book offers you afresh perspective on the changes in tools and strategies needed toeffectively achieve this goal.Financial Advice and Investment Decisions provides today'sinvestment professionals with the conceptual framework andpractical tools they need to successfully invest in and manage aninvestment portfolio with wealth preservation as a key concern.While there are many qualitative discussions, the authors presentstrong quantitative theory and practice in the form of smallconceptual models, simulation, and empirical research.* A comprehensive guide to properly managing investments with afocus on matching security and growth goals with the needs of theinvestor* Blends insights gleaned from portfolio management practicesused prior to the market mayhem of 2007-2009 with cutting-edgeacademic and professional investment research* Includes innovative and wide-ranging treatment of subjects suchas augmented balance sheets, the efficiency of markets, saving,spending, and investing habits, and dealing with uncertainty* Description of opportunities for improving the investingenvironmentThe recent financial crisis has opened our eyes to the need forimproving the way we invest. This book will put you in abetter position to excel in this new economic environment.