Invest Like an Institution
Apress (Verlag)
978-1-4302-5059-3 (ISBN)
As an advisor to large pension funds and endowments, Michael Schlachter counts among his clients the elite. Institutional investors like the retirement systems of states and major companies, as well as the largest university endowments, are among the few that consistently outperform the market. Sure, average retail investors can't make the same types of private deals in real estate, private equity, or hedge funds that institutional investors use to reap large returns or offset market volatility. But as this book demonstrates, you can replicate in your own portfolio the very same diversification strategies that large funds employ to achieve long-term gains. To that end, Invest Like an Institution shows how to build a portfolio that is every bit as diversified and risk-controlled as a multi-billion-dollar institutional fund—and a portfolio more likely to result in a happy, financially secure retirement.
Filled with easy-to-implement guidelines that will put you on the path to financial success without encouraging you to chase trends, take on unneeded risks, or spend unnecessary fees, Invest Like an Institution analyzes:
Why asset allocation and consistent retirement contributions are the single largest determinant of your success or failure
The merits of a global portfolio versus those of a home country–biased portfolio
How newer investment strategies are used by institutional investors to supplement a well-diversified portfolio
Why fixed income investments are not as safe as most investors think and how to understand their role in your portfolio
The best alternative asset classes that are readily available to individual investors
Invest Like an Institution will help ensure that your investments are positioned for long-term growth under any market conditions. Follow its advice, and you can better achieve a prime goal we all share: retiring with a substantial nest egg.
Michael C. Schlachter is a Managing Director and Principal at Wilshire Associates, a diversified financial services company, and the lead investment consultant to many of the largest pension plans in the United States. Previously, he worked for several years as an equity analyst and trader at Goldman Sachs. Schlachter's experience working as both a hands-on securities analyst/trader and a high-level investment consultant has given him an understanding of the investment industry that ranges from the 40,000-foot view right down to the weeds. He earned an MBA at the University of Chicago's Graduate School of Business and an undergraduate degree from Princeton University.
How You Compare to the Big Funds
Asset Allocation
Investment Structure for Stocks, Part I
Investment Structure for Stocks, Part II
Investment Structure for Fixed Income, Part I
Investment Structure for Fixed Income, Part II
Investment Manager Selection
Alternative Asset Classes
Fees and Expenses
Risk Management
Putting It All Together
Zusatzinfo | 60 Illustrations, black and white; XV, 228 p. 60 illus. |
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Verlagsort | Berlin |
Sprache | englisch |
Maße | 178 x 254 mm |
Gewicht | 3362 g |
Themenwelt | Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse |
Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
ISBN-10 | 1-4302-5059-3 / 1430250593 |
ISBN-13 | 978-1-4302-5059-3 / 9781430250593 |
Zustand | Neuware |
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