Global Asset Management: Strategies, Risks, Processes, and Technologies

Front Matter....Pages i-xxxii
Front Matter....Pages 1-1
The Asset Management Industry Dynamics of Growth, Structure and Performance....Pages 3-35
What Do We Know About the Mutual Fund Industry?....Pages 36-55
Front Matter....Pages 57-57
Macroeconomic Perspectives on the Financial Crisis and Its Aftermath....Pages 59-73
Some Lessons From CDO Markets on Mathematical Models....Pages 74-92
The Credit Crisis of 2007 and Its Implications for Risk Management....Pages 93-106
After the Storm: Four Innovations Changing Investment Management....Pages 107-121
Avoiding International Financial Crises: An Incomplete Reform Agenda....Pages 122-144
Front Matter....Pages 145-145
Managing Growth and Strategic Risk....Pages 147-166
Wall Street’s Management of Risk: Why It Failed....Pages 167-185
Reputational Risk and the Financial Crisis....Pages 186-208
Risk Management for Pension Funds and Endowments....Pages 209-216
A Stitch in Time …....Pages 217-232
Front Matter....Pages 233-233
Corporate Governance and the Financial Crisis....Pages 235-246
Governance and the Financial Crisis: More Convergence, Less Risk?....Pages 247-273
Financial Regulation and Risk Governance....Pages 274-287
Game Change in Asset Management....Pages 288-307
The Asset Manager’s Guide to Sustainable Regulatory Advantage....Pages 308-341
Front Matter....Pages 343-343
The Interrelationships between Processes, Costs, and Risks in Asset Management....Pages 345-353
A Best Practices Framework for Operational Infrastructure and Controls in Asset Management....Pages 354-376
Managing Costs at Investment Management Firms....Pages 377-392
Front Matter....Pages 343-343
Strategic and Tactical Cost Management in the Asset Management Industry....Pages 393-413
Transaction Costs and Asset Management....Pages 414-432
Front Matter....Pages 433-433
Operational Platform and Growth: A Strategic Challenge....Pages 435-455
Addressing the Data Management Challenge in Asset Management....Pages 456-474
The Use of Advanced Technology in Global Asset Management....Pages 475-494
Fit-For-Future Enterprise Architecture: Supporting Strategic Business Challenges....Pages 495-524
Front Matter....Pages 525-525
The Strategic Imperative of Creating and Capturing Value....Pages 527-547
Check or Checkmate? Game-Changing Strategies for the Asset Management Industry....Pages 548-561
Designing Products for Reluctant Investors: Applications of Behavioral Finance....Pages 562-581
Current and Future Challenges Faced by Investment Funds....Pages 582-600
Current and Future Challenges Faced by Asset Managers....Pages 601-617
Current and Future Challenges Faced by Pension Funds....Pages 618-636
Back Matter....Pages 637-646