Notes: Active Portfolio Management. By Zhipeng Yan. Active Portfolio Management. By Richard C. Grinold and Ronald N. Kahn. Part I Foundations. Active Portfolio Management has 86 ratings and 7 reviews. Richard Grinold and Ronald Kahn, today retired and at BlackRock respectively, share a history in . Active Portfolio Management: A Quantitative Approach to Providing Richard C. Grinold. and. Ronald N. Kahn. New York.: McGraw-Hill.

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Han rated it really liked it Jan 17, If you like activee and love to build cool products, we may be looking for you. Refresh and try again. If a new opportunity is fully correlated to a previous one it adds no IR. Apart from the jumbling numbers, for someone with insight into the issue, the book is easy to read.

The level of math required is not a big deal, it is just that formul I read this book because it was recommended for Coursera course: John g rated it it was amazing Feb 08, It outlines an active management framework that begins with a benchmark portfolio, then defines exceptional returns as they relate to that benchmark.

Richard Grinold and Ronald Kahn, today retired and at BlackRock respectively, share a history in academia, at BARRA and above all at the quant behemoth Barclays Global Investors where they both held leading positions while writing this book.

A reference classic, and surprisingly well written. Richard GrinoldRonald Kahn. Grinolv No preview available – Open Preview See a Problem? There are no discussion topics on this book yet.

Grinold spent 14 years at BARRA, where he served as Director of Research, Executive Vice President, and President; and 20 years on the faculty at the School of Business Administration at the University of California, Berkeley, where he served as the chairman of the finance faculty, chairman of the management science faculty, and director of the Berkeley Program in Finance.


Dec 01, Shauntelle James rated it it was amazing. You do not currently have access to this article. This is the textbook for the active portfolio management course at Haas School of Business taught by Dr. It may not make you rich, and it may not make the people you invest for rich, but you will at least understand why or why not after understanding the math. My library Help Advanced Book Search.

Active Portfolio Management by Kahn, Richard Grinold; Ronald

Often the asset management process focuses excessively on the quality of bets versus the quantity. Be the first to ask a question about Active Portfolio Management. Active Portfolio Management, Second Editionnow sets the bar even higher. Academic financial text books have, to a large extent, focused on beta and the so called efficient market. The second source of IR is breadth — the number of independent active oportunities per year the PM have to use his skill on.

It clearly and concisely explains all aspects of the foundations and the latest thinking in active portfolio management. Richard GrinoldRonald Kahn Snippet view – Placing restrictions on the amount of cash in the portfolio lowers IR, so does demanding sector neutrality in an equity portfolio etc. Gregory Connor; Active Portfolio Management: Lists with This Book. TuttleDennis W. It furthers the University’s objective of excellence in research, scholarship, and education by publishing worldwide.


Andrew Bartels rated it it was amazing Apr 04, Mar 02, Robert Muller rated it really liked it. I refer to it weekly at work. There is a substantial expansion in both depth and breadth on the original.

Oct 21, Victor rated it did not like it Shelves: Michaud Managwment preview available – If you’re interested in how indexes benchmarks are constructed for specific purposes, this is the book. Citing articles via Google Scholar.

Kevin rated it did not like it Jul 02, There is a substantial expansion in both depth and breadth on the original.

Active Portfolio Management

The book tries to do a mathematical approach to portfolio management, but mathematical formulas come out of the blue, with no previous explanation or justification. Kayn Subscription prices and portcolio Short-term Access To purchase short term access, please sign in to potrfolio Oxford Academic account above.

The book’s principal target audience is quantitatively inclined investment management professionals with some masters-level knowledge of finance. Alex Burns rated it it was amazing Nov 02, Tsung-Han Yang rated it it was ok Feb 17, Other editions – View all Active Portfolio Management: Mathematically rigorous and meticulously organized, Active Portfolio Management broke new ground when it first became available to investment managers in Consumption Taxes and Corporate Investment.

A Practical Guide to Stock Portfolio I read this book because it was recommended for Coursera course: