Active Index Investing: Maximizing Portfolio Performance... and over one million other books are available for Amazon Kindle. Learn more
CDN$ 62.36
  • List Price: CDN$ 98.99
  • You Save: CDN$ 36.63 (37%)
Only 1 left in stock (more on the way).
Ships from and sold by Amazon.ca.
Gift-wrap available.
Quantity:1
Add to Cart
Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more

Active Index Investing: Maximizing Portfolio Performance and Minimizing Risk Through Global Index Strategies Hardcover – Aug 10 2004


See all 2 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle Edition
"Please retry"
Hardcover
"Please retry"
CDN$ 62.36
CDN$ 54.26 CDN$ 52.45

Join Amazon Student in Canada



Customers Who Bought This Item Also Bought

NO_CONTENT_IN_FEATURE

Product Details

  • Hardcover: 720 pages
  • Publisher: Wiley; 1 edition (Aug. 10 2004)
  • Language: English
  • ISBN-10: 0471257079
  • ISBN-13: 978-0471257073
  • Product Dimensions: 24 x 16 x 5 cm
  • Shipping Weight: 975 g
  • Average Customer Review: 2.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: #936,806 in Books (See Top 100 in Books)
  • See Complete Table of Contents


Inside This Book (Learn More)
First Sentence
This chapter provides an overview of the key themes and topics of Active Index Investing. Read the first page
Explore More
Concordance
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Search inside this book:

Customer Reviews

2.0 out of 5 stars
5 star
0
4 star
0
3 star
0
2 star
1
1 star
0
See the customer review
Share your thoughts with other customers

Most helpful customer reviews

Format: Hardcover
This is an interesting but awfully long book. I don't think it was meant to be read cover to cover since the book is a collection of writings from different people. I find it, however, a little dated from the perspective of practicality, and especially in the case of a retail investor/trader. I think today an individual trader has at his or her disposal an array of powerful tools to gain an edge over institutions in "Maximizing Portfolio Performance and Minimizing Risk", which could interestingly be done by electronic trading of "Global Index Strategies". Options trading on index products and their related ETF products could be good examples. In pursuing that goal, a more effective book could be John Murphy's "Intermarket Analysis: Profiting From Global Market Relationships". Active Index Investing, however, is still a good source if you are managing a huge portfolio of say, stocks, in the old fashion way of buy and hold - the way mutual funds manage their funds. It is enough to say that their results speak for the methods.
Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again.

Most Helpful Customer Reviews on Amazon.com (beta)

Amazon.com: 6 reviews
22 of 24 people found the following review helpful
A must-read for those interested in index funds/ETFs Sept. 27 2004
By Paul B. Elam - Published on Amazon.com
Format: Hardcover Verified Purchase
This book is quite simply contains the best information on the subject of indexing.

It tracks the beginnings of index products and pays respects to the pioneers that developed this type of investing. Mr. Shoenfeld thoroughly decribes the myriad of vehicles that are available for investors today (this list grows every day it seems).

But what really makes this book shine is the real-life examples and guest writers. Books about investment theory often lack concrete illustrations of the theories they espouse. Mr. Shoenfeld descibes in detail how and why individual investors, pension plans, and hedge funds use index products. In many cases, fund managers write the chapters. Getting this information "from the horse's mouth" allows insight into thought processes of those responsible for investing millions of dollars.

The scope of the book is amazing, and even more is available on the e-ppendix on the Web. Congratulations to the author on putting together a massive reference book on the subject of indexing.
22 of 24 people found the following review helpful
Why indexing is the starting point for your asset allocation Oct. 11 2004
By Quant Portfolio Manager - Published on Amazon.com
Format: Hardcover
An important disclaimer: I am a specialist index portfolio manager a major index fund manager

This is an excellent book that contains all the important reasons why your asset allocation should start with indexing and then think about active managers (not the other way around - pick the market haystack, not the active manager needle). The important points have not changed over the years, including during the bear market of 2000-2001. The bottom line is that costs matter.

I was most impressed with chapter 19, which well describes the index portfolio management process and demonstrates how much more difficult it is to deliver benchmark returns than what people think. Every person who glibly retorts 'a trained monkey could manage an index fund' and 'what do you guys do all day anyway?' should read this. Index portfolio management is a unique challenge and we're always on a hiding to nothing to achieve this outcome.

The chapters are well researched and there are plenty of references for the interested reader.

It is a large book, but all the chapters are self contained and there is no loss of continuity by reading chapters individually.

I ended up giving it four stars however as the low quality paper on which it was printed makes the book feel a little cheap. For a $90 book the publishers could do better.
20 of 22 people found the following review helpful
Virtuoso Performance! Aug. 18 2004
By An Educated Investor - Published on Amazon.com
Format: Hardcover
This is an extremely well written and thoroughly informative guide to the important new world index investing. It's not a short book -- but it's perfectly organized into easily manageable chapters... and more of a page-turner than you'd expect.

The book works on multiple levels. Whatever your degree of investing sophistication, you'll find incredibly useful information. It's probably the only thing you need to read on index investing -- covering mutual funds, ETFs, and making sense of the now-huge variety of index-based investment options. And it's linked to a web site that will keep the book effectively current.

Buying the book was a modest investment that I'm sure will pay off nicely...
17 of 19 people found the following review helpful
Outstanding textbook Sept. 9 2004
By Lawrence Saez - Published on Amazon.com
Format: Hardcover
Steve Schoenfeld's edited volume, "Active Index Investing," is a welcome addition to the literature on financial management. Although rigorous in content, its clear-to-follow chapters and illustrative sidebars combine to make this book extraordinarily useful as a primary textbook on MBA or executive education courses on financial analysis, financial instruments, fixed income asset pricing, and portfolio management. In addition, several chapters, including those dealing with enhanced indexing and benchmarks, will be of particular interest to scholars who are interested in the theoretical literature on portfolio management. Overall, "Active Index Investing" is a winner and gets my highest recommendation due to its clarity and breadth.
8 of 10 people found the following review helpful
Good basic concepts, but do not try this at home Oct. 15 2006
By Practical Allocator - Published on Amazon.com
Format: Hardcover
Indexing is definitely the most cost effective way to invest and to control how your assets are allocated. At the end of the day, what ultimately drives return, is an intelligent asset allocation strategy and minimizing costs. A good financial planner who believes in this strategy should help you implement the asset allocation and monitoring processes. If the proper investment tools are used you can have the investments and the investment advice for less than the cost of the average mutual fund.

Product Images from Customers

Search


Feedback