Organizational Alpha: How to Add Value in Institutional Asset Management
| Author | : | |
| Rating | : | 4.61 (741 Votes) |
| Asin | : | 1541043677 |
| Format Type | : | paperback |
| Number of Pages | : | 90 Pages |
| Publish Date | : | 2014-10-08 |
| Language | : | English |
DESCRIPTION:
• Set realistic expectations with the understanding that the future is always uncertain. • Appreciate the differences between foundations, endowments, and pensions. • Think in terms of process over outcomes. • Improve their due diligence and decision-making processes. • Understand the alternative investment landscape. Institutional investors spend the majority of their time in search of the Holy Grail of investment alpha, or risk-adjusted market outperformance. • Know the difference between a governing and managing fiduciary. • Find additional sources of alpha. • Make decisions that revolve around the goals and mission of the organization. Organizational alpha, on the other hand, is something every institutional investor and nonprofit can achieve, assuming they focus on what they can control and what matters. • Document their investment process to cut down on unnecessary mistakes. • Define their overarching investment philosophy. Written by an institutional investor who has spent his entire career working with a wide range of institutional investors from endowments to foundations to pension plans to family offices and other nonprofits, Organizational Alpha is a manual that provides institutional investo
He has spent his career working with various nonprofit, institutional and high net worth clients to help them plan and invest their money wisely. . He is the author of the book A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan and is the author of the blog, A Wealth of Common Sense. About the Author Ben Carlson, CFA is the Director of Institutional Asset Management at Ritholtz Wealth Management
. Ben Carlson, CFA is the Director of Institutional Asset Management at Ritholtz Wealth Management. He is the author of the book A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan and is the author of the blog, A Wealth of Common Sense. He has spent his career working with various nonprofit, institutional and high net worth clients to help them plan and inve
Extremely Valuable for Institutional Investors I did my master's thesis on endowment investing, and I wish this book was around at the time I wrote the paper. This book, alongside both works by David Swensen, is required reading for institutional investors. Here is the link to Swensen's works for you reference:https://amazon.com/David-F.-Swensen/e/B001H6NCExtremely Valuable for Institutional Investors Jon L. I did my master's thesis on endowment investing, and I wish this book was around at the time I wrote the paper. This book, alongside both works by David Swensen, is required reading for institutional investors. Here is the link to Swensen's works for you reference:https://amazon.com/David-F.-Swensen/e/B001H6NC42Unlike other works I've read on institutional investing (which simply offer a laundry list of investment strategies without detailing the risks inherent in them or the challenges of implementing them), Carlson spends a lot of time on the "how" of institutional investing. This is not a titillating listin. 2Unlike other works I've read on institutional investing (which simply offer a laundry list of investment strategies without detailing the risks inherent in them or the challenges of implementing them), Carlson spends a lot of time on the "how" of institutional investing. This is not a titillating listin. I loved reading this book M.M. Kerdel I loved reading this book. It is accurate, clear, true - and short, as it can be read in a couple of hours. The return on investing couple of hours could be amazing, if the lessons are properly implemented. Obviously that is easier said that done, as it goes against our human nature, career risk and all those other biases that stand between us and long-term investment success.The author does an outstanding job of describing what is really needed to achieve investment success for institutional investors. In my opinion, the lessons are applicable to individual investors as well.. Great Read for the Individual and Organizational Alike Eli Yarborough Chapter 4 May be one of my favorite overviews of creating an investment process ever penned. Great book, well written. Great value per page & per $.