Style Investing: Unique Insight Into Equity Management

ISBN-13: 9780471035701 / Angielski / Twarda / 1995 / 256 str.

Richard Bernstein

Opis

Headed by Bernstein, the quantitative equity and equity derivatives strategies group at Merrill Lynch is noted for their proprietary research on market segmentation and style investing. In this book, he highlights the macroeconomic, microeconomic and expectational factors that can affect equity market segment performance.

Spis treści

Understanding and Defining Market Segmentation.

The Economics of Nominal Earnings Growth and Investor Risk Perception.

The Importance of Expectations.

Growth vs.

Value.

High Quality vs.

Low Quality.

High Beta vs.

Low Beta.

Dividend Yield and Equity Duration.

Large vs.

Small Stocks.

Implications for Plan Sponsors.

Equity Derivatives and Style Investing.

Implications for Disciplined and Long–Term Investor.

Index.