Global Investment Advisor

For over three decades, indexing has become increasingly accepted by both institutional and individual investors.  Index benchmarks and investment products that track them have been a driving force in the transformation of investment strategy from art to science. Yet investors understanding of the sophistication of this burgeoning field has lagged the growing use of index products. "Active Index Investing is the definitive guide to how indexes are constructed, how index-based portfolios are managed, and how the world s most sophisticated investors use index-based strategies to enhance performance, reduce costs and minimize the risks of investing. "Active Index Investing provides a comprehensive overview of (1) the investment theories that are the foundation of index based investing, (2) best practices in benchmark construction, (3) the growing world of index-based investment vehicles, (4) cutting-edge index portfolio management techniq ues and (5) the myriad ways investors can and do capture the benefits of indexing. "Active Index Investing has a unique format that captures the views and perspectives of over 40 of the investment industry s leading experts and practitioners, while maintaining a holistic view of this complex subject matter. In addition to the Appendix and Glossary within the book, it features an E-ppendix, available at www.IndexUniverse.com Steven A. Schoenfeld is the Founder and Editor-in-Chief of IndexUniverse.com, the definitive online resource on index investing. He is also a Senior Research Fellow with Duke University s Global Capital Markets Center, and Managing Partner of Global Index Strategies LLC, which providesconsulting services to the financial industry. Steven was Chief Investment Officer of Active Index Advisors, focusing on enhanced index portfolios and was a Managing Director of Barclays Global Investors (BGI), where he served in a variety of portfolio management and investment strategy roles.

Proven Strategies for Investing Wisely--and Successfully--in Today's Precarious "Triple Waterfall" Environment "A lively, provocative, and comprehensive economic critique and analysis of investment intended for perilous periods and likely to be of enduring value."--Lawrence A. Cunningham, Author and Professor, Boston College "Tracing the history of investment from the South Sea Bubble to America's bubble economy of the 1990s, Don Coxe has provided an excellent survival guide for understanding the financial markets of the 21st century."--David Hale, Global Economist, Hale Advisors LLC "This is a clever, witty, and interesting book. It could only have been written by a historian/philosopher with years of investing experience. There are valuable insights and lessons here that are historically, philosophically, economically, and financially based. This book sets a framework necessary for anyone investing in the 21st century."--Robert C. Klemkowsky, Chairperson, Finance Department, Fred T. Greene Professor of Finance, Kelley School of Business, Indiana University Today's investment landscape is littered with the carcasses of portfolios ravaged by the market's recent Triple Waterfall collapse. Scattered throughout this wreckage, however, are numerous opportunities for investors to garner market-beating returns--but only if they know where to look. "The New Reality of Wall Street provides specific techniques investors can use to uncover solid investments and rebuild their investment portfolios.