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Index Fund Management

A Practical Guide to Smart Beta, Factor Investing, and Risk Premia

Palgrave Macmillan

Authors:

  • Makes factor investing more approachable with concrete and practical real-world examples
  • Helps readers understand which factors have value and how to incorporate them into a portfolio
  • Includes ideas from academic research alongside the author's expertise as a finance practitioner

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eBook USD 39.99
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  • Read on any device
  • Instant download
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Softcover Book USD 64.99
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  • Dispatched in 3 to 5 business days
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Hardcover Book USD 69.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
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Table of contents (11 chapters)

  1. Front Matter

    Pages i-xxiii
  2. Part I

    1. Front Matter

      Pages 7-7
    2. Stepping Up to Factor Investing

      • Fadi Zaher
      Pages 9-22
    3. Architecture and Art of Indexation

      • Fadi Zaher
      Pages 23-43
  3. Part II

    1. Front Matter

      Pages 45-45
    2. Equity Factor Investing: Value Stocks

      • Fadi Zaher
      Pages 47-75
    3. Equity Factor Investing: Quality

      • Fadi Zaher
      Pages 77-98
    4. Equity Factor Investing: Low Risk

      • Fadi Zaher
      Pages 99-115
    5. Equity Factor Investing: Momentum

      • Fadi Zaher
      Pages 117-133
    6. Equity Factor Investing: Size

      • Fadi Zaher
      Pages 135-149
    7. Equity Multi-Factor Investing

      • Fadi Zaher
      Pages 151-169
  4. Part III

    1. Front Matter

      Pages 171-171
    2. Fixed Income Factor Investing

      • Fadi Zaher
      Pages 173-204
    3. Multi-Asset: Alternative Risk Premia

      • Fadi Zaher
      Pages 205-234
  5. Back Matter

    Pages 235-248

About this book

This book brings simplicity to passive investing, smart beta, and factor investing, which is the fastest growing type of investment in the asset management industry. The subject has a strong academic foundation but often taught and presented in a quite complex and unorganized way.

In recent years, index and factor investing solutions have been bestsellers. But factor investing success is not a foregone conclusion, and there are plenty of quirks and misprints in the literature. Do investors need a novel approach? The book provides answers to some of these questions in an open and objective fashion.

Index fund management is increasingly taught in finance courses at universities. For market practitioners including trustees and investors, this book facilitates an increased understanding of how to invest in index and smart beta strategies, how to implement them, and what to be aware of with concrete and practical real-world examples.

Authors and Affiliations

  • Index Solutions & Investment Specialists, London, UK

    Fadi Zaher

About the author

Fadi Zaher is responsible for LGIM’s Index Solutions. His role includes defining and leading LGIM’s Index Solutions across ESG, factor based investing and tailored index strategies. Prior to that, he was Head of Fixed Income Strategy and Research at Barclays Wealth and Investment Management, Head of Bonds and Currencies at Kleinwort Benson, and held other senior positions at various financial institutions in the past 12 years. In his earlier career, Fadi worked at the European Central Bank and was previously a researcher and senior lecturer of finance and econometrics in Sweden. Fadi graduated from Lund University and holds a PhD in financial economics and MSc in economics.


Bibliographic Information

  • Book Title: Index Fund Management

  • Book Subtitle: A Practical Guide to Smart Beta, Factor Investing, and Risk Premia

  • Authors: Fadi Zaher

  • DOI: https://doi.org/10.1007/978-3-030-19400-0

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019

  • Hardcover ISBN: 978-3-030-19399-7Published: 20 September 2019

  • Softcover ISBN: 978-3-030-19402-4Published: 20 September 2020

  • eBook ISBN: 978-3-030-19400-0Published: 28 August 2019

  • Edition Number: 1

  • Number of Pages: XXIII, 248

  • Number of Illustrations: 26 b/w illustrations, 48 illustrations in colour

  • Topics: Investments and Securities, Risk Management

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 64.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 69.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access