附註:Includes bibliographical references and index.
Introduction. -- Part I: Foundations. -- Consensus Expected Returns: The Capital Asset Pricing Model. -- Risk. -- Exceptional Return, Benchmarks, and Value Added. -- Residual Risk and Return: The Information Ratio. -- The Fundamental Law of Active Management. -- Part II: Expected Returns and Valuation. -- Expected Returns and the Arbitrage Pricing Theory. -- Valuation in Theory. -- Valuation in Practice. -- Part III: Information Processing. -- Forecasting Basics. -- Advanced Forecasting. -- Information Analysis. -- The Information Horizon. -- Part IV: Implementation. -- Portfolio Construction. -- Long/Short Investing. -- Transaction Costs, Turnover, and Trading. -- Performance Analysis. -- Asset Allocation. -- Benchmark Timing. -- The Historical Record for Active Management. -- Open Questions. -- Summary. -- Appendice A: Standard Notation. -- B: Glossary. -- C: Return and Statistics Basics.
