Exchange-Traded Funds - A. Seddik Meziani

Exchange-Traded Funds

Investment Practices and Tactical Approaches
Buch | Hardcover
406 Seiten
2017 | 1st ed. 2016
Palgrave Macmillan (Verlag)
978-1-137-39094-3 (ISBN)
64,15 inkl. MwSt
With Exchange Traded Fund (ETF) sponsors constantly making new types of ETFs available, there is now a variety of ETFs that provide investors with an opportunity to develop diversified investment portfolios. Their sophistication has also grown to include a breed of ETFs that do not passively track the performance of an underlying index. With this assortment of newer ETFs, and more on the way, market strategists are now capable of devising all-ETF portfolios based on a multitude of asset allocation schemes that respond to the need of their clients. 
  
This book provides a comprehensive overview of the changes brought about by ETFs. It describes and analyses recent changes alongside their impact on investment portfolios, and discusses the continuing success of index-based ETFs and the reasons underlying their long-lasting achievements. The book offers an objective discourse on the newly minted smart beta ETFs and some of the issues surrounding them, and provides an overview of how the increasingly widespread ETF-based portfolio hedging strategies are constructed and implemented.

Paying particular attention to the importance of asset allocation and the essential role it plays in portfolio construction, this book explores the role played by ETFs in changing investors’ attitudes toward home bias, covering both established and emerging frontier markets. The author leverages his extensive background to integrate best professional practices and academic rigor for an increased understanding of the ever-evolving world of ETFs.

Dr. A. Seddik Meziani is a tenured professor of finance at Montclair State University in New Jersey, USA, and former chair of the department of Economics, Finance, and Real Estate. He is also the Soliciting Editor of The Journal of Index Investing and a member of the Research Advisory Board of ETF Global, LLC, an independent advisory firm that offers investment decision support, research, and risk analytics focusing on exchange-traded funds. He previously worked for Standard & Poor’s and TIAA-CREF. He received a PhD from Rensselaer Polytechnic Institute and an MBA from New York University, USA.    Dr. Meziani’s expertise covers exchange-traded funds, micro- and small-caps and emerging/frontier markets. His extensive work on ETFs was acknowledged on a worldwide list of “Seventeen ETF Friendly Professors” compiled by Yahoo Finance. He has been regularly featured on the ETF speaking circuit since 2000 and has served as a speaker, panel moderator, and panellist on a wide range of ETF topics at several ETF conferences, both in the United States and internationally. He is extensively published in both academic and practitioner journals and is the author of two ETF books: Exchange-Traded Funds as an Investment Option (Palgrave-Macmillan, 2005) and Exchange-Traded Funds: Conceptual and Practical Investment Approaches (Risk Books, 2009).    

.-Preface
1 Evolution and Outlook of the ETF Market: From a Trickle to a Mighty Roar
2 Characteristics of Exchange-Traded Funds: Weighting Myths and Realities
3 Exploring the Tax Advantages of Exchange-Traded Funds
4 Understanding the Complex Universe and Role of Fixed-Income Funds as Investment Vehicles
5 Jumping on the Bond ETF Wagon
6 Smart-Beta ETFs: Market Growth and Performance Trends
7 Managing Volatility Risk with Minimum-Volatility ETFs
8 Finding Value in Environmental, Social, and Governance ETFs
9 Sailing Away with Emerging Markets ETFs
10 The Frontier Markets Story: Adapting to a New Landscape
11 Active ETFs: To Be or Not to Be?
12 Building Fresh Tax-Advantaged Investment Strategies with ETFs
13 The Long and Short of ETFs
14 Other ETF Investment Strategies and Applications
15 Investment Strategies Using Options on ETFs.

Erscheinungsdatum
Zusatzinfo 20 Illustrations, color; 3 Illustrations, black and white; XXVI, 406 p. 23 illus., 20 illus. in color.
Verlagsort Basingstoke
Sprache englisch
Maße 155 x 235 mm
Themenwelt Wirtschaft Betriebswirtschaft / Management Finanzierung
Betriebswirtschaft / Management Spezielle Betriebswirtschaftslehre Bankbetriebslehre
Schlagworte Asset Allocation • exchange-traded funds • international • Investment • Investment Portfolios • Strategy
ISBN-10 1-137-39094-8 / 1137390948
ISBN-13 978-1-137-39094-3 / 9781137390943
Zustand Neuware
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