Overview
- Provides an accessible and critical review of up-to-date literature on factor investing
- Offers a practical guide to country-level asset allocation
- Presents various portfolio performances based on described investment strategies
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (15 chapters)
-
Front Matter
-
Part II
-
Front Matter
-
-
Back Matter
Keywords
About this book
International diversification has long been a key to stable investing. However, the increased integration and openness of global financial markets has led to rising correlations between stock market returns in particular countries, driving down the benefits of diversification and increasing the importance of country selection strategies as part of an investment process. Zaremba and Shemer explain the efficiency of quantitative investing, which captures huge amounts of data of limited scope very quickly. In the traditional approach, this data compilation is an immense undertaking, limited in scope and vulnerable to behavioral errors, but this can be overcome with the help of a new paradigm of quantitative investment at the country level. Quantitative country asset allocation can be efficiently accomplished by using wealth insights that have been generated in the academic literature, discovering many anomalies and regular patterns in asset prices. Armed with this information, investors and managers can process large amounts of data more efficiently when deciding to invest in ETFs, index funds, or futures markets.
Authors and Affiliations
About the authors
Koby (Jacob) Shemer is an experienced asset manager in the Israeli Capital Market. He is the founder of Analyst IMS, a public asset management firm, and AlphaBeta, a quantitative asset management company. During his career he has been responsible for managing portfolios of assets under management totaling billions in US dollars.
Bibliographic Information
Book Title: Country Asset Allocation
Book Subtitle: Quantitative Country Selection Strategies in Global Factor Investing
Authors: Adam Zaremba, Jacob Shemer
DOI: https://doi.org/10.1057/978-1-137-59191-3
Publisher: Palgrave Macmillan New York
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-1-137-59190-6Published: 26 October 2016
Softcover ISBN: 978-1-349-93034-0Published: 06 February 2019
eBook ISBN: 978-1-137-59191-3Published: 26 October 2016
Edition Number: 1
Number of Pages: XVIII, 262
Number of Illustrations: 32 b/w illustrations
Topics: Investments and Securities, Economics, general, Econometrics, Popular Science in Economics