Book Description
By providing solutions to real-life problems and issues that have actually been raised by investment managers Currency Overlay: A Practical Guide is the most relevant and tested guide available to you. It discusses the myriad of available approaches, styles and philosophies to clarify the concept of currency overlay management and presents a balanced and objective overview of both the return and risk aspects of currency in investment portfolios.
Currency overlay works by effectively managing your risk whilst adding significant value to your investment portfolio - and as an investment discipline it is widely regarded to offer a far greater consistency of success than any other.
Hai Xin provides you with all the necessary information you need to set up a currency management programme or to choose one from the market that best suits your investment portfolio. For funds already equipped with a currency management policy this practical guide will provide an objective yardstick for policy review.
As one of the first titles on the market to focus specifically on currency overlay you will find no better guide. Until now you had to rely on often impractical and biased information drawn from a variety of sources. With Currency Overlay you will save time and effort with all the vital information you need succinctly packaged into one manageable volume. What's more, with minimal technical knowledge required you will find this extensively referenced title both highly accessible and practical with examples illustrated with clear diagrams and figures throughout.
What's more Currency Overlay's comprehensive approach covers the full spectrum of related theoretical and practical topics including: defining and decomposing currency returns, foreign exchange research and currency management styles, optimisation and hedge ratio, benchmark design and performance measurement, option pricing theory and dynamic hedging, emerging market currencies, liquidity and e-commerce.
Book Description
Retire Secure! tackles the number one fear facing most IRA and retirement plan owners: running out of money too soon. Lange, a nationally recognized IRA expert, offers specific and practical strategies to successfully navigate the three stages of retirement planning: accumulation, distribution, and estate planning.
Retire Secure! explains the tax advantages and long term wealth building strategies of selectively and strategically putting money into IRAs, Roth IRAs, 401(k)s, Roth 401(k)s and the myriad other retirement plan options available to individuals working in the corporate world, the non-profit sector, as well as individual proprietors. The book proves that putting money into tax advantaged retirement plans beats “traditional saving” in the after-tax environment.
The book sheds new light on best practices for spending your IRA and retirement plan dollars and your traditional savings. Many readers will be surprised to discover that the order in which assets are spent is not a trivial consideration—it can make or break the bank.
It also outlines Lange’s exceptional estate plan–a plan that has been featured in the
Wall Street Journal and many other fine financial journals.
The book offers financial planning strategies and tactics in plain English that everyone can understand—and using humor and interesting characters in real life situations the book escapes the dreaded dry financial tome tone. For example, Chapter 1 offers a great mini case study that charts the financial destiny of Mr. Pay Taxes Later and Mr. Pay Taxes Now. Both start saving when they are age 30, but when Mr. Pay Taxes Now reaches age 90, he is broke, while Mr. Pay Taxes Later has $1,946,949 left. Chapter 8 is devoted to a complete case study of “Eddie’s and Emily’s” entire retirement decision making process.
The book is endorsed by more than 31 leading financial experts including
Charles Schwab, and
Roger G. Ibbotson, Yale Professor and perhaps the world’s foremost authority on asset allocation. As a bonus, readers who purchase this book can receive a free information-packed CD.
"
Retire Secure! is your playbook for winning the retirement game and beyond. It shows you how to capitalize on little known provisions of the tax law that will make your retirement savings last several lifetimes, leveraging your hard earned money into a family legacy. Best of all, you can rely on the advice here since it is written by one of the nation's leading retirement tax planning authorities.”
Ed Slott, Author Parlay Your IRA into a Family Fortune and
The Retirement Savings Time Bomb…and How to Defuse It
James Lange (Pittsburgh, PA) , an attorney and CPA, is a nationally known IRA, 401(k), and retirement plan distribution expert with over 27 years of experience. His recommendations have appeared 23 times in the
Wall Street Journal as well as the
New York Times,
Newsweek, Kiplinger’s, and many other prestigious financial publications.
Customer Reviews:
Excellent book on financial planing and retirement.......2007-06-12
Bravo!
This book is a must read if you're planning to retire wealthy, or at least securely.
And...
Every college student should be required to study this book carefully if they want to avoid all the common mistakes and money pitfalls that 98% of us fall into. I wish I had read this when I was in college... I would be $100,000 wealthier.
- Dave
What everyone needs to read and understand to make the best retirement decisions.......2007-01-03
James Lang has had so much excellent advice for my husband and me that we purchased 7 copies for our adult children and are hopeful they will benefit from the knowledge in the books and cds.
Retire Secure-Solid Advice For All.......2006-10-21
Reading "Retire Secure" will not alone make you rich. However, if you read and follow Mr. Lange's advice, you will build wealth and then protect it to the fullest extent possible. The book outlines a very clear path to maximize savings using the most effective vehicle available to you. Then it goes on to provide a thorough roadmap to minimizing your tax consequences and maximizing your after tax returns. Finally the book provides several different strategies for passing along wealth to your heirs while once again factoring in the greedy hands of Uncle Sam. The author not only provides you with the theory, as many financial planners do, but backs up his recommendations with solid proofs and confirms them with amusing case studies. Overall this book is an excellent source for information on the use of retirement funds for wealth building and hopefully inheritance to pass on.
Good for Advisors and Investors.......2006-10-11
James Lange's Retire Secure, offers great techniques to help persons planning for retirement. He is on the right track - to postpone and minimize the impact of taxes - in order to maximize the retiree's money and extend the spendable income. This book makes a valuable contribution to the field of personal finance - for both the consumers and the professional advisors who serve them.
My Roadmap.......2006-09-19
I find James Lange's book to be excellant. When we want to go someplace we're not familiar with, who uses MapQuest? Why? It gives us the starting point and the ending point. This book gives so much valuable information. I'll be retiring in 10 to 11 years, so my interest is quite serious. I stumbled accross Mr. Lange's website and find that to also be a fine source of information. As a 'boomer' I'm amazed at what the internet has done for our culture i.e. sharing of information.
Loren McGilvrey
Book Description
This highly acclaimed reference book presents a comprehensive overview of the legal issues faced by anyone working in the visual arts. The narrative text is arranged into twenty-four chapters covering: copyright, contracts, censorship, moral rights, sales (by artist, gallery, or agent), taxation, estate planning, museums, collecting, and grants.
The book suggests basic strategies, gives information to help with further action, and contains many sample legal forms and contracts. This edition is a complete revision, providing not only updated legal information, but also covering the ever-increasing importance of new media and electronic rights.
Customer Reviews:
Must have for artists!.......2007-06-29
It's not always the most entertaining book to read (who enjoys reading about taxes?), but read through it once. Stick it on your shelf. And then whenever you need it, the book can reference you to certain government documents such as release forms, copyright forms, tax forms, consignment forms, authenticity forms, etc. There's tons of forms in the book for you to work off of when you are writing up your own agreements. Also current on laws for artists. Always keep a current edition of this book handy.
Tad Crawford Does It Again.......2006-10-23
Tad Crawford does his as-usual excellent job clarifying a complex area for the working visual artist. Readers will admire his straightforward writing style and many, many practical examples.
A word of warning, though: as Tad himself says, he is not providing legal advice and, while the artist will thank Tad if he or she follows Tad's advice, it does not substitute for appropriate legal consults as needed.
Excellent resource for artists.......2006-07-07
This is an excellent resource to define and explain legal issues in the arts. It is a little dry in some parts but far easier to read than books written for the legal profession. I have been using this book as a textbook for a college class at an art school for graphic design students for several years.
The book covers copyright law and touches on legal business issues that pertain to all visual artists. The focus of the book is on fine artists but it is the best resource I have found for graphic designers.
Great Reference Guide.......2004-11-22
Even if you have the luxury of an attorney that speicalizes in art contracts, as I do, this is a great book of forms to keep handy for quick reference. My advice is to get it with his other book: Business & Legal Forms for Fine Artists also by Tad Crawford
If not this book, what else?.......2002-01-24
As the title of the book stated, "Legal guide for the VISUAL ARTIST", the book covers information that is aimed at VISUAL artists, including photographers, painters, printmakers, designers, sculptors, illustrators, textile designers, cartoonists, and craftspeople. Wow!
Wow, all right. That may be the reason some artists may have found the book full of legalese. In my humble opinion, this is a must-have for anyone that claims oneself to be one of the ones listed above. If not this book, what else?
Starting from the minute one decides to have some "interaction" with other human beings regarding the making (or selling) of one's art, this book is of big help. For instance, an artist may decide to hire a model to paint a picture, this book will guide him/her how to prepare a model release form in order to guarantee the artist benefits of the painting created, without problems such as violation of privacy in the long run. This book is also a critical line of defense for the artists in dealing with copyrights, ownership, insurance, and tax income, etc.
My guess is that if one is simply an artist, one would read through the book (or at least sections of immediate concern, for instance, a painter would not have to worry too much about sections for photographers) and scan through the whole book for information. As far as using the book on a regular basis, I believe by frequently reviewing relevant sections, as well as making use of sample forms provided in the book, any visual artist will find this book an indispensable tool for his/her art making/selling process.
Strongly recommended.
Book Description
For College Accounting and Bookkeeping courses. Available in two different volumes; Chapter 1-25 fits best in a two semester course where as the Chapter 1-12 version is best for the one semester courses.
This is the College Accounting book that focuses on getting back to the basics of Accounting.
Book Description
A how-to book of practical know-how for the some 25 million Americans who are self-employed -- about business deductions, easy recordkeeping, estimated taxes, pension plans -- everything an independent professional needs to know about the tax consequences of his or her business.
Customer Reviews:
Small Business Answers.......2007-09-05
"Self-Employed Tax Solutions" is an excellent self help start to treating your cottage industry as a business and working your way through the intricacies of filing federal taxes as a small business. Ms. Walker's explanations are clear and well illustrated.
We had no trouble understanding each point and applying the rules to our own small business situation. The only problem we found was her citing a court ruling, putting it in quotes, and not providing a bibliographic source.
Both the glossary and the index are adequate for the novice readers. The style was breezy and light, which made the reading easy.
A good place to start for an entry level "indie" who needs basic tax information. She has several "wish I'd thought of that" ideas for keeping records and saving time.
Nash Black, author of "Taxes, Stumbling Blocks and Pitfalls for Authors."
Self-employed Tax Solutions.......2007-06-13
Easy to understand. I am new to it all and learned quickly thanks to Junes pesentation of the material. Also will be a great reference manual come actual tax time!
Learn about taxes. Without pain........2007-03-30
I highly recommend this book! I am about to graduate design school and am starting up a sole proprietorship. I realized I know absolutely nothing about what I'm getting into tax-wise, so I picket this up on Amazon. An excellent buy! This book is incredibly easy to read and understandable, despite the fact that you would expect the subject matter to be painfully dry. It's not. The world of taxes isn't half as painful and boring as I expected it to be, thanks to this book.
Excellent Book.......2006-12-30
This is a very well written book that provides a lot of insights to self-employed people. Provides very good ideas on deductions and methods to legally cut the self-employed person's overall tax burden.
A Few Issues but Holding a Few Gems Too.......2006-12-24
I pretty much never comment about the font a book is done in, but let me start out my review by saying that this book had the oddest font choice I've seen. The letters were very thin, squarish, and actually hard to read against the white. It made me realize just how important something like font can be in a book.
So, on to the content. This book is written by a self-employed person, for self-employed people, to help them manage their records for taxes. She doesn't want you to DO your taxes - she wants you to hire someone, like her, to do them for you :). She just wants you to be informed about what is going on, and to perhaps help prod your tax person along if they're not very good.
In case you were thinking this book was a mere "nice to have", she says in her introduction that "Such complications [of not handling this properly] could prove fatal to your enterprise." I love it how books say "you must buy me or you will DIE A HORRIBLE DEATH!!!" A page later, she promises "If you use this method, you will never miss a tax deduction" which I sort of doubt :) So this book has already hit a few of my buttons in book reading - threatening certain doom if I don't get the book, promising the moon, and being hard to read :)
Much of the first part of the book focusses on whether you should go into business for yourself, what it means to be self employed, and whether you should be a DBA, Sole Proprietor, LLC, etc. Hopefully anybody looking for tax solutions has already gone through those stages and isn't looking for all their information on these important decisions in a few pages of a tax book.
But on to the meat. When you get into the realm of *taxes*, the book really does well. It explains the difference between personal gifts (tax deductible up to $25 per person per year), entertainment expenses, free giveaway items (pens etc), charity donations, and more, in very clear language.
The book goes into travel deductions, home office deductions, leasing and buying equipment. It gives a ton of examples. Some people might find them annoying - I admit that many of them are quite silly. Still, it's easy enough to skip over them if you're not into cutesy examples, but if they help you absorb a concept, they are there for you to read.
Like with any business book, there are a lot of very common sense things in here - but a few very key tips. The interesting thing is of course that depending on who reads it, they might find different things to be fascinating vs well known. Something that one person says "of course" to, someone else might say "That'll save me thousands!" So it's good that all bases are covered in here.
Well recommended as a book to at least get out from your local library, or to get and share around your network of business-owning friends. It's not a book that I need to sit on my library shelf, but it was worthwhile to read and glean a few important tidbits from. I'll now pass it along to other business owners to let them pick out their own gems.
Product Description
Practical Guide to Partnerships and LLCs (3rd Edition), by Robert Ricketts and Larry Tunnell, discusses the complex issues involving partnership taxation with utmost clarity. It uses hundreds of illustrative examples, practice observations, helpful charts and insightful explanations to make even the most difficult concepts understandable. The book reflects the authors' penchant for communicating the pertinent facts in very direct language and creating a context for understanding the multifaceted issues and applying them to practice. This new edition fully reflects all the latest developments in this complex area, including important the following: 1. Proposed Regulations on the treatment of exchanges of services for partnership interests. 2. Instructions concerning the new Schedule M-3 required with Form 1065. 3. Recent guidance with respect to the flow through of items (from partnerships or LLCs) involved in the calculation of the Code Sec. 199 production activities deduction. 4. Proposed Regulations on partnership allocations of look-through entity partners. 5. Recent cases concerning the use of family limited partnerships as an estate planning tool. 6. Proposed Regulations concerning the treatment of disguised sales by partners and partnerships. In six parts, Partnerships and LLCs: Tax Practice and Analysis covers the critical aspects of this complicated area, with individual parts focusing on partnership characteristics, funding, taxation of operations, partner's share of partnership debt, disposition of partnership interest, and distributions. From choice-of-entity considerations to sales and liquidations, the entire breadth of partnership and LLC taxation is covered. Special attention is given throughout to the complex inter-workings of rules that bind, tax and control these entity operations. In the book's first part focused on preliminary considerations, the basic underpinnings are presented covering key areas such as the "check the box" rules, "an
Book Description
Economic Value Added (EVA) and Value Based Management (VBM) are today’s hottest management buzzwords. But written information has often been biased and clouded by the authors’ hidden agendas. EVA and Value-Based Management is the first book to unflinchingly discuss the pros and cons of EVA and VBM. Covering both implementation and conceptual issues, with a strong emphasis on performance measurement, value drivers, and management compensation, it allows readers to come to their own informed conclusions.
Customer Reviews:
Highly Recommended!.......2003-02-26
Kudos to S. David Young and Stephen F. O'Byrne, management consultants who largely steer clear of their industry's usual empty catchphrases and superficial hype. Instead, their lucid explanation of the importance of shareholder value takes center stage. The heftiness of EVA and Value-Based Management may be daunting, but most readers will be satisfied with Part I's strategic overview. The concepts reappear in Part II accompanied by a wealth of technical details, calculations and case studies to help finance professionals with nitty-gritty implementation of EVA (Economic Value Added) programs. The book honestly assesses EVA's power to motivate managers, noting that some companies just are not well-suited for this performance metric. We from getAbstract prescribe this book to corporate executives who have overdosed on consultant jargon but still want to drive value growth in their companies, and to finance specialists who seek a comprehensive roadmap to EVA implementation.
Excellent book.......2002-08-13
As an author, speaker and consultant on these topics, I highly recommend this book. Not only have the authors discussed the pros and cons of a number of approaches thoughfully and concisely, they also expand the level of understanding related to the calculations in an accessible way. Their book discusses both implementation issues and the nitty gritty of the mechanics. In sum, the book takes the reader to the next level of understanding. I highly recommend this book.
Fails to keep its promise: Metric War + Compensation.......2001-07-02
This book does NOT offer 'A practical guide to valuation' but a theoretical,oldfashioned discussion of the 'Metrics War'and some empirical research on EVA, Compensation and CFROI-Fade.
My rating has got these origins: Empirical research on Compensation,EVA and CFROI-Fade: A+. Discussion of EVA/CFROI: D-. Terminology: D value for 'Hands-on-valuation': F- Structure: F- Style: F-.
This book does contain interesting empirical research on EVA etc, but it does not offer 'A practical Guide to Implementation' because it does not contain a STAGE-Approach. Its terminology differs from any other book I've read, you must often guess, which formulas the authors used, because they did not have the courtesy to express their formulas. Some formulas are wrong nad their discussion of the 'metrics war' betweenn EVA and CFROI lags 5 years behind reality. They attack old methods of CFROI,which Boston Consulting and Holt Value published 5 (!) years ago. They fail to know, that BCG have refined CVA/CFROI and that BAYER. Lufthansa,and VEBA have implemented these refined CFROI-techniques,which are way better, than the old methods, which the book attacks.
Moreover, this book is terrible to read due to a lack of structure, the absence of clear definitions, the lack of formulas, a wordy style,which exhausts your nerves, and many value judgements....
The EVA Guide which holds nothing back!.......2001-02-07
This book, together with 'The Quest for Value'by G. Bennett Stewart, III and 'Valuation' by the Tom Copeland, provide a solid backgound on value-based management. S. David Young and Stephen F. O'Byrne give a fair description of their book: 'This book is not a intended to be a "teaser," which tries to tell you enough to whet your appetite so if you want to know more you will have to hire us as your consultants. We aim to be as comprehensive in our treatment of the subject as possible...We try to hold nothing back.' Thank you very much indeed.
is that right, EVA?.......2001-02-03
I had a great approach to EVA concept but it too much simple in finances. Any way it is a good point to start the trip through the EVA world. The principle of EVA appears sound, but this book is good at attempting to illustrate how to practically use it.
Book Description
The failure of optimized portfolios to meet their practical investment goals has prompted many portfolio managers to abandon optimization techniques for simpler alternatives to maximize asset value. Yet, according to financial expert Richard Michaud, readily available methods exist to help practitioners reduce instability and enhance the value of optimization--tools that the investment community has largely ignored. In his succinct new book, Michaud argues that the problems lies with the conventional perception of optimization as a numerical computation; this view has severely restricted the typical manager's understanding of inherent limitations--and resulted in optimized portfolios that frequently fall short of their potential. If, instead, managers approach optimization as a statistical estimation, Michaud argues, they can resolve many of the serious limitations. Michaud identifies and explains five powerful techniques--improved estimation, application of benchmark priors, integration of active forecasts, tests for efficiency, and tests for portfolio weights--that portfolio managers can use to reduce errors, increase precision, and enhance the value of seemingly optimized portfolios. He illustrates the impact of each method with a simple asset allocation problem. With its important implications for investment practice, Efficient Asset Management's highly intuitive yet rigorous approach to defining optimal portfolios will appeal to investment management executives, consultants, brokers, and anyone seeking to stay abreast of current investment technology. Through practical examples and illustrations, Michaud updates the practice of optimization for modern investment management.
Customer Reviews:
Important information when considering Markowitz optimization.......2007-05-13
Michaud's resampling methodology is quite rigorous, although the patentability of application of econometric concepts that are over 40 years old to a theory advanced by Markowitz in 1952 should be seriously questioned by any rational reader. The applicability of resampling and improvements to the inputs to estimation are clear, and should be strongly considered by anyone in the asset management industry. The book glosses over other approaches to optimization that are not based on Markowitz, all but ignoring the huge body of literature that has been built up around other optimization approaches. Except for this shortfall, this is an excellent book, and shoulds be a part of your library on quantitative asset management.
It has good chapters, but..........2006-04-14
This book has a couple of good chapters on the problems of implementing the Markowitz model. Interestingly enough, I understood better the resampling idea in Scherer's article (a clean and honest review in my opinion which Michaud understandably hates) than in the entire Michaud's book. If I'm not mistaken the basic resampling idea was originally due to Jorion. Michaud patented it a variation of it. Now if you want to implement the ideas presented in this book, you are by law forbidden to do it (because it is patented). In that sense I think this book should be free (since as another reviewer below put it, it is a sales pitch.) There is an interesting review on this troubling trend of patenting really basic algorithms in Wilmott Magazine. Still it makes interesting reading. 2 1/2 stars.
Required Reading for Sophisticated Investors.......2006-01-13
This is an excellent book for the readers with solid quant skills. This is not a course in investing for poets. So be honest with yourself about your capabilities and needs.
the author responds.......2005-11-23
The new reader should know that the innovations in the book described in chapters 6 and 7 have been awarded three patents so far, two in the U.S. and one in Israel. Worldwide patents are pending. The critiques by some reviewers do not mention that many sophisticated investment and consulting institutions worldwide have adopted the techniques described in this book as their sole asset allocation optimization framework. They also do not mention that Markowitz has confirmed that "Michaud optimization beats Markowitz optimization" and that "Bayes does not beat Michaud optimization." Resampled Efficiency optimization is the only provably effective portfolio optimization and portfolio rebalancing technology in the world today and is revolutionizing asset management in practice worldwide. See www.newfrontieradvisors.com for further updates, research and applications.
All gloss no substance.......2005-03-16
I am surprised that this process has gained the clout that it has. It almost seems like the finance industry got bored of existing processes and so came up with something new and possibly promising, evn though the author himself cannot explain why hes doing what he is doing.
The book is short, but could have so been shorter had it not been for Michauds constant repetition of ideas. Save your money and google the concept if u really want to know about it.
Book Description
A clear, accessible guide to the roles and responsibilities of today's internal auditor
At a time when companies are seeking to reevaluate their practices and add value to their audit processes,
The Internal Auditor at Work represents an invaluable, user-friendly, and up-to-date guidebook for the internal auditing professional to refine and rethink both day-to-day methods and the underlying significance of the job.
Each chapter of this in-depth, functional analysis contains numerous resources to guide the reader toward greater understanding and performance. Discussion questions promote dialogue among auditing professionals on the various topics covered. Top ten considerations lists recap the important points of each chapter. And end-of-chapter exercises are especially valuable to new internal auditors in that they facilitate self-development and application of principles covered.
Written in partnership with the Institute of Internal Auditors with special attention to its revised standards and guidelines,
The Internal Auditor at Work includes chapters on:
- The audit context
- The strategic dimension
- Quality and audit competence
- The audit process
- The audit proposition
- And more
In a business environment currently undergoing major reevaluation,
The Internal Auditor at Work provides an invaluable tool for internal auditing professionals and all others with an interest in adding value to their organizational processes.
Download Description
A clear, accessible guide to the roles and responsibilities of today's internal auditor
At a time when companies are seeking to reevaluate their practices and add value to their audit processes, The Internal Auditor at Work represents an invaluable, user-friendly, and up-to-date guidebook for the internal auditing professional to refine and rethink both day-to-day methods and the underlying significance of the job.
Each chapter of this in-depth, functional analysis contains numerous resources to guide the reader toward greater understanding and performance. Discussion questions promote dialogue among auditing professionals on the various topics covered. Top ten considerations lists recap the important points of each chapter. And end-of-chapter exercises are especially valuable to new internal auditors in that they facilitate self-development and application of principles covered.
Written in partnership with the Institute of Internal Auditors with special attention to its revised standards and guidelines, The Internal Auditor at Work includes chapters on:
* The audit context
* The strategic dimension
* Quality and audit competence
* The audit process
* The audit proposition
* And more
In a business environment currently undergoing major reevaluation, The Internal Auditor at Work provides an invaluable tool for internal auditing professionals and all others with an interest in adding value to their organizational processes.
Book Description
"The authors have provided an interesting and helpful resource to understand and manage the nonprofit organization's investments. I believe that this book should be in the library of all nonprofit practitioners that are concerned about prudent stewardship."
—Jim Croft, PhD, Vice President, Finance and Administration The Field Museum (Chicago, Illinois)
"This book is a straightforward, well-written guide to the strategies and administration of investment assets of nonprofit institutions. It relies on the principles of modern portfolio theory in emphasizing asset diversification, performance measurement, and careful manager selection. It debunks much of what passes for 'investment advice' in the popular media. To their credit, the authors describe the challenges, factors, and actors in the investment industry, from the perspective of the individuals and committees charged by nonprofit institutions swith investment oversight responsibility."
—John E. Allerson, Senior Vice President, Finance and Operations and Chief Financial Officer, Roosevelt University (Chicago, Illinois)
"I would consider this book 'Investments 101' for anyone who deals with overseeing investments of a company, whether it is a profit or nonprofit. Yet, at the same time, it would help all investors, small or large, in dealing with their own individual portfolios. DiMeo, Schneider, Benoit, et al. have organized the book in such a way that each chapter deals with the very essence of how to structure an investment portfolio and how to look at the complex environment in an easy way."
—Kevin Higdon, Vice President of Finance Elkhart General Hospital (Elkhart, Indiana)
"From modern portfolio theory to the role of the fiduciary, The Practical Guide to Managing Nonprofit Assets provides trustees of nonprofit funds with a chapter-by-chapter explanation of what they should know to carry out their responsibilities. For the uninitiated, it creates a foundation for understanding investing in a difficult environment. For the experienced, it serves as a checklist of issues to be considered in exercising appropriate investment oversight."
—Thomas H. Hodges, Executive Vice President, Finance, and Treasurer Evanston Northwestern Healthcare (Evanston, Illinois)
Download Description
Nonprofits have often been behind the curve in their investment practices compared to institutional retirement plans. As a result, fiduciaries of nonprofit funds, their donors, and their advisors have been left without sound advice to move forward with their investment strategies¿until now. Created as a practical guide for fiduciaries of nonprofit funds¿board members and internal business managers¿The Practical Guide to Managing Nonprofit Assets is a much-needed, step-by-step guide to the effective investment management of nonprofit assets. Written in a user-friendly format, The Practical Guide to Managing Nonprofit Assets takes readers through each phase of the investment process to ultimately create an elegant and simple framework for the prudent oversight of fund assets. Along the way, it provides current academic research and industry best practices, as well as a wealth of real-world case studies.
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General
| Popular Economics
| Business & Investing
| Subjects
| Books
Currency Management: Overlay and Alpha Trading
Currency Overlay (The Wiley Finance Series)
Currency Derivatives: Pricing Theory, Exotic Options, and Hedging Applications (Wiley Series in Financial Engineering)
Exchange Rate Determination (Irwin Library of Investment & Finance.)
Mathematical Methods For Foreign Exchange: A Financial Engineer's Approach
