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Portfolio Construction for Today's Markets Russ Koesterich

Portfolio Construction for Today's Markets By Russ Koesterich

Portfolio Construction for Today's Markets by Russ Koesterich


$26.99
Condition - Very Good
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Summary

BlackRock's Russ Koesterich provides a practical, step-by-step approach to building a portfolio consistent with the investor's investment goals.

Portfolio Construction for Today's Markets Summary

Portfolio Construction for Today's Markets: A practitioner's guide to the essentials of asset allocation by Russ Koesterich

For most of the past 50 years the simplest investment solution was often the best. A balanced portfolio of stocks and bonds, combined with a traditional pension, provided most investors with a comfortable retirement. Unfortunately, this approach is no longer likely to work. Retirement is longer, private company pensions are a thing of the past, and world economies look set for years of low growth. Investment advisors need a new plan and a new approach to help their clients organise their investments. Asset allocation is the art of combining different investments to build a portfolio aligned with the investor's objectives and respectful of your limitations. More than picking the right stock or owning a particular bond, the allocation to these assets is the ultimate driver of investment returns. Despite the importance of asset allocation, there is little agreement on how to do it. BlackRock's Russ Koesterich addresses this problem by providing a practical, step-by-step approach to building a portfolio consistent with the investor's investment goals. Starting with setting objectives, he covers all parts of the process, including assessing risk tolerance, defining a set of assets, generating return assumptions and combining the assets in a risk-controlled manner.

Portfolio Construction for Today's Markets Reviews

In his usual clear and engaging style, Russ Koesterich presents the institutional approach to asset allocation. Investors need to know how portfolio construction impacts return, risk, and financial well-being, and Portfolio Construction for Today's Markets provides the way. -- Ron Kahn, Global Head of Systematic Equity Research, BlackRock, and coauthor of Active Portfolio Management
At a time when investment advisors are faced with an increasingly complex options to fulfill their roles as fiduciaries, Mr Koesterich provides a comprehensive yet accessible guide to the art of asset allocation. -- Jason De Sena Trennert, Chairman, Strategas Research Partners
Russ Koesterich does an excellent job of explaining the unique challenges that investors face in the current environment, namely balancing risk and reward in a low interest rate world. His structured approach to investment decisions is an extremely useful framework. -- Jonathan Golub, CFA, Chief US Equity Strategist, Credit Suisse Securities USA LLC

About Russ Koesterich

Mr Koesterich is a financial services veteran with 22 years' experience in the industry. Since 2005 he has worked at Barclays Global Investors and BlackRock, the world's largest asset manager, with over $4.5 trillion in assets. Mr Koesterich is currently a Portfolio Manager of the BlackRock Global Allocation Funds. In that capacity Mr Koesterich is responsible for driving asset allocation and risk management for BlackRock's largest investment team, managing approximately $80 billion. Prior to his current role Mr Koesterich served as the Global Chief Investment Strategist for BlackRock as well as the Chief Investment Strategist for the iShares business, the world's largest provider of exchange traded funds (ETFs). Prior to joining BlackRock (then BGI) in 2005, Mr Koesterich was the Chief North American Strategist for State Street Global Markets in Boston. Mr Koesterich is a frequent contributor to the financial news, including CNBC, Bloomberg, and Fox Business television, the Wall Street Journal, Financial Times and Market Watch. He is the author of two previous books. Mr Koesterich holds a BA from Brandeis University, a JD from Boston College Law School and an MBA from Columbia Business School. He is also a Chartered Financial Analyst (CFA).

Additional information

GOR009741592
9780857196293
0857196294
Portfolio Construction for Today's Markets: A practitioner's guide to the essentials of asset allocation by Russ Koesterich
Used - Very Good
Hardback
Harriman House Publishing
2018-04-27
248
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Portfolio Construction for Today's Markets