Multi-Manager Funds: long-only strategies for managers and investors
'Showing impeccable timing and impressive insight, this Euromoney book looks in detail at the workings of multi-management and explores how and why it has become an irresistible force set to dominate the investment world.'
From the Foreword by Steve Delo Chairman of Association of Institutional Multi-Manager Investing.
The first definitive guide to the rapidly expanding multi-manager industry.
More than 20 leading practitioners (including product providers, distributors, private and institutional investors, trustees and consultants) provide you with a global overview of the industry:
Who are the major players?
What is the value-added of multi-management and does this outweigh the fees?
What are the balances that investors must strike when investing in multi-management?
Includes special sections on asset allocation, due diligence and risk control for each investor class. Also covers legal and regulatory issues.
Development of the industry
Why invest in multi-manager funds?
Manager of managers versus fund of funds
Total Expense Ratios
Issues for pension funds, insurers, trustees and other institutional investors
Issues for high-net-worth individuals
Benchmarking and indexation
Liability driven investment
Performance measurement and risk control strategies
Legal and regulatory issues
Published March 2006.
Other titles edited by Sohail Jaffer:
Alternative Investment Strategies (published 1998)
Funds of Hedge Funds (published 2003)
Islamic Asset Management: Forming the Future for Shari'a-Compliant Investment Strategies (published 2004)
Islamic Retail Banking and Finance: Global Challenges and Opportunities (published 2005)