Applied Investment Theory How Markets and Investors Behave, and Why /

• Main Author: Coleman, Les (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2016.
• Subjects: Finance.; Investment banking.; Securities.; Capital market.; Capital investments.; Macroeconomics.; Investments and Securities.; Macroeconomics/Monetary Economics//Financial Economics.; Capital Markets.; Investment Appraisal.

Institutions now dominate trading in equities around the world. Mutual funds are the most prominent, and doubly important as custodians of retirement savings. Despite this, there is no comprehensive description of fund manager behaviour, much less a matching theory. This is troubling because one of...