{"product_id":"9783319816456","title":"Portfolio Construction, Measurement, and Efficiency Essays in Honor of Jack Treynor","description":"\u003ch1\u003ePortfolio Construction, Measurement, and Efficiency\u003c\/h1\u003e\u003ch2\u003eEssays in Honor of Jack Treynor\u003c\/h2\u003e\u003ch3\u003eJohn B. Guerard, Jr.\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Corporate Finance \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003eThis volume, inspired by and dedicated to the work of pioneering investment analyst, Jack Treynor, addresses the issues of portfolio risk and return and how investment portfolios are measured.  In a career spanning over fifty years, the primary questions addressed by Jack Treynor were: Is there an observable risk-return trade-off? How can stock selection models be integrated with risk models to enhance client returns? Do managed portfolios earn positive, and statistically significant, excess returns and can mutual fund managers time the market?\u003c\/p\u003e  \u003cp\u003eSince the publication of a pair of seminal \u003ci\u003eHarvard Business Review\u003c\/i\u003e articles in the mid-1960’s, Jack Treynor has developed thinking that has greatly influenced security selection, portfolio construction and measurement, and market efficiency.  Key publications addressed such topics as the Capital Asset Pricing Model and stock selection modeling and integration with risk models.  Treynor also served as editor of the \u003ci\u003eFinancial Analysts Journal\u003c\/i\u003e, through which he wrote many columns across a wide spectrum of topics. \u003c\/p\u003e\n\u003cp\u003eThis volume showcases original essays by leading researchers and practitioners exploring the topics that have interested Treynor while applying the most current methodologies. Such topics include the origins of portfolio theory, market timing, and portfolio construction in equity markets.  The result not only reinforces Treynor’s lasting contributions to the field but suggests new areas for research and analysis.\u003cbr\u003e\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e\n\u003cb\u003eJohn B. Guerard, Jr., Ph.D.\u003c\/b\u003e is Director of Quantitative Research at McKinley Capital Management, in Anchorage, Alaska.  He earned his AB in Economics from Duke University, MA in Economics from the University of Virginia, MSIM from the Georgia Institute of Technology, and Ph.D. in Finance from the University of Texas, Austin. John taught at the McIntire School of Commerce, the University of Virginia, Lehigh University, and Rutgers University. John taught as an adjunct faculty member at the International University of Monaco and the University of Pennsylvania. He worked with the DAIS Group at Drexel, Burnham, Lambert, Daiwa Securities Trust Company, Vantage Global Advisors, and served on the Virtual Research team at GlobeFlex Capital.  John co-managed a Japanese equity portfolio with Harry Markowitz at Daiwa Securities Trust Company. While serving as Director of Quantitative Research at Vantage Global Advisors (formerly MPT Associates), Mr. Guerard was awarded the firstMoskowitz Prize for research in socially responsible investing.  Mr. Guerard has published several monographs, including \u003ci\u003eCorporate Financial Policy and R\u0026amp;D Management\u003c\/i\u003e (Wiley, 2006, second edition), \u003ci\u003eQuantitative Corporate Finance\u003c\/i\u003e (Springer, 2007, with Eli Schwartz), \u003ci\u003eThe Handbook of Portfolio Construction: Contemporary Applications of Markowitz Techniques\u003c\/i\u003e (Springer, 2010), and \u003ci\u003eIntroduction to Financial Forecasting in Investment Analysis\u003c\/i\u003e (Springer, 2013). John serves an Associate Editor of the \u003ci\u003eJournal of Investing\u003c\/i\u003e and \u003ci\u003eThe International Journal of Forecasting\u003c\/i\u003e. Mr. Guerard has published research in \u003ci\u003eThe International Journal of Forecasting\u003c\/i\u003e, \u003ci\u003eManagement Science\u003c\/i\u003e, the \u003ci\u003eJournal of Forecasting\u003c\/i\u003e, \u003ci\u003eJournal of Investing\u003c\/i\u003e, \u003ci\u003eResearch in Finance\u003c\/i\u003e, the \u003ci\u003eIBM Journal of Research and Development\u003c\/i\u003e, \u003ci\u003eResearch Policy\u003c\/i\u003e, and the \u003ci\u003eJournal of the Operational Research Society.\u003c\/i\u003e\u003cdiv\u003e\u003ci\u003e\u003cbr\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e14 June 2018\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eSpringer International Publishing\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eSpringer\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9783319816456\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003ePaperback softback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e453\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":51561655369868,"sku":"9783319816456","price":152.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783319816456.jpg?v=1784811505","url":"https:\/\/lateknightbooks.com\/products\/9783319816456","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}