{"product_id":"9781118115060","title":"Frontiers of Modern Asset Allocation","description":"\u003ch3\u003eWiley Finance\u003c\/h3\u003e\u003ch1\u003eFrontiers of Modern Asset Allocation\u003c\/h1\u003e\u003ch3\u003ePaul D. Kaplan | Laurence B. Siegel\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Finance \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cb\u003eInnovative approaches to putting asset allocation into practice\u003c\/b\u003e  \u003cp\u003eBuilding on more than 15 years of asset-allocation research, Paul D. Kaplan, who led the development of the methodologies behind the Morningstar Rating(TM) and the Morningstar Style Box(TM), tackles key challenges investor professionals face when putting asset-allocation theory into practice. This book addresses common issues such as:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow should asset classes be defined?\u003c\/li\u003e \u003cli\u003eShould equities be divided into asset classes based on investment style, geography, or other factors?\u003c\/li\u003e \u003cli\u003eShould asset classes be represented by market-cap-weighted indexes or should other principles, such as fundamental weights, be used?\u003c\/li\u003e \u003cli\u003eHow do actively managed funds fit into asset-class mixes?\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eKaplan also interviews industry luminaries who have greatly influenced the evolution of asset allocation, including Harry Markowitz, Roger Ibbotson, and the late Benoit Mandelbrot. Throughout the book, Kaplan explains allocation theory, creates new strategies, and corrects common misconceptions, offering original insights and analysis. He includes three appendices that put theory into action with technical details for new asset-allocation frameworks, including the next generation of portfolio construction tools, which Kaplan dubs \"Markowitz 2.0.\"\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e   \u003cp\u003e\u003cb\u003ePAUL D. KAPLAN\u003c\/b\u003e is quantitative research director at Morningstar Europe and is responsible for the quantitative methodologies behind Morningstar's fund analysis, indexes, advisor tools, and other services. Dr. Kaplan conducts research on investment style analysis, performance and risk measurement, asset allocation, retirement-income planning, portfolio construction, index methodologies, and alternative investments. He led the development of quantitative methodologies behind the Morningstar Rating for funds (Morningstar's star rating), the Morningstar Style Box, and the Morningstar family of indexes. Many of Dr. Kaplan's research papers have been published in professional books and publications such as the \u003ci\u003eFinancial Analysts Journal\u003c\/i\u003e, the \u003ci\u003eJournal of Portfolio Management\u003c\/i\u003e, the \u003ci\u003eJournal of Wealth Management\u003c\/i\u003e, the \u003ci\u003eJournal of Investing\u003c\/i\u003e, the \u003ci\u003eJournal of Performance Measurement\u003c\/i\u003e, the \u003ci\u003eJournal of Indexes\u003c\/i\u003e, and the \u003ci\u003eHandbook of Equity Style Management\u003c\/i\u003e. He received the 2008 Graham and Dodd Award and won a Graham and Dodd Award of Excellence in 2000. \u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e27 December 2011\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781118115060\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e416\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e22.24\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44378701561996,"sku":"9781118115060","price":85.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781118115060_ef200233-a52f-4670-a102-865c44b1d0ae.jpg?v=1780280335","url":"https:\/\/lateknightbooks.com\/products\/9781118115060","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}