The Allocator's Edge

The Allocator's Edge

Author: Phil Huber

Publisher: Harriman House Limited

ISBN: 9780857197931

Category: Business & Economics

Page: 0

View: 509

We are entering a golden age of alternative investments. Alternative asset classes including private equity, hedge funds, catastrophe reinsurance, real assets, non-traditional credit, alternative risk premia, digital assets, collectibles, and other novel assets are now available to investors and their advisors in a way that they never have been before. The pursuit of diversification is not as straightforward as it once was — and the classic 60/40 portfolio may no longer be sufficient in helping investors achieve their most important financial goals. With the ever-present need for sustainable income and risk management, alternative assets are poised to play a more prominent role in investor portfolios. Phil Huber is the Chief Investment Officer for a multi-billion dollar wealth management firm and acts as your guide on a journey through the past, present, and future of alternative investments. In this groundbreaking tour de force, he provides detailed coverage across the spectrum of alternative assets: their risk and return characteristics, methods to gain exposure, and how to fit everything into a balanced portfolio. With a foreword by Clifford Asness, The Allocator’s Edge addresses: 1. Why the future may present challenges for traditional portfolios; why the adoption of alternatives has remained elusive for many allocators; and why the case for alternatives is more compelling than ever thanks to financial evolution and innovation. 2. A comprehensive survey of the asset classes and strategies that comprise the vast universe of alternative investments. 3. How to build durable and resilient portfolios that harness alternative assets; and how to sharpen the client communication skills needed to establish proper expectations and make the unfamiliar familiar. The Allocator’s Edge is written with the practitioner in mind, providing financial advisors, institutional allocators, and other professional investors the confidence and courage needed to effectively understand, implement, and translate alternatives for their clients. Alternative investments are the allocator’s edge for the portfolios of tomorrow — and this is the essential guide for advisors and investors looking to seize the opportunity.

Summary of Phil Huber's The Allocator's Edge

Summary of Phil Huber's The Allocator's Edge

Author: Everest Media,

Publisher: Everest Media LLC

ISBN: 9798822540682

Category: Business & Economics

Page: 56

View: 507

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The 60/40 portfolio, which is a balanced allocation of stocks and bonds, has been working well for investors for over four decades. It is simple and easy to implement, and it has become a perennial favorite among investors. #2 The 60/40 portfolio has delivered positive returns in 82 percent of rolling one-year periods, 93 percent of rolling three-year periods, and 99 percent of rolling five-year periods. It has only experienced one calendar-year decline greater than 20 percent, but ten calendar-year gains of over 20 percent. #3 The 60/40 portfolio has been successful because past performance is not always a predictor of future results. However, the conditions that made the 60/40 portfolio so fruitful in the past—namely high and falling interest rates—are no longer present. #4 The 60/40 portfolio is a drag on returns, and has been for most of the past decade. The Sharpe ratio for both U. S. stocks and bonds over the last ten years is shown in Figure 1. 3.

The Allocator’s Edge

The Allocator’s Edge

Author: Phil Huber

Publisher: Harriman House Limited

ISBN: 9780857197948

Category: Business & Economics

Page:

View: 513

We are entering a golden age of alternative investments. Alternative asset classes including private equity, hedge funds, catastrophe reinsurance, real assets, non-traditional credit, alternative risk premia, digital assets, collectibles, and other novel assets are now available to investors and their advisors in a way that they never have been before. The pursuit of diversification is not as straightforward as it once was — and the classic 60/40 portfolio may no longer be sufficient in helping investors achieve their most important financial goals. With the ever-present need for sustainable income and risk management, alternative assets are poised to play a more prominent role in investor portfolios. Phil Huber is the Chief Investment Officer for a multi-billion dollar wealth management firm and acts as your guide on a journey through the past, present, and future of alternative investments. In this groundbreaking tour de force, he provides detailed coverage across the spectrum of alternative assets: their risk and return characteristics, methods to gain exposure, and how to fit everything into a balanced portfolio. The three parts of The Allocator’s Edge address: 1. Why the future may present challenges for traditional portfolios; why the adoption of alternatives has remained elusive for many allocators; and why the case for alternatives is more compelling than ever thanks to financial evolution and innovation. 2. A comprehensive survey of the asset classes and strategies that comprise the vast universe of alternative investments. 3. How to build durable and resilient portfolios that harness alternative assets; and how to sharpen the client communication skills needed to establish proper expectations and make the unfamiliar familiar. The Allocator’s Edge is written with the practitioner in mind, providing financial advisors, institutional allocators, and other professional investors the confidence and courage needed to effectively understand, implement, and translate alternatives for their clients. Alternative investments are the allocator’s edge for the portfolios of tomorrow — and this is the essential guide for advisors and investors looking to seize the opportunity.

Advanced Research in VLSI and Parallel Systems

Advanced Research in VLSI and Parallel Systems

Author: Thomas Knight

Publisher: Mit Press

ISBN: UCAL:B4540374

Category: Computers

Page: 392

View: 233

The design of highly integrated or large-scale systems involves a set of interrelated disciplines, including circuits and devices, design automation, VLSI architecture, software systems, and theory. Successful research in any of these disciplines increasingly relies on an understanding of the other areas. This conference the 14th in a series that has been held at Caltech, MIT, UNC Chapel Hill, Stanford, and UC Santa Cruz, seeks to encourage interaction among researchers in all disciplines; that relate to highly integrated systems. Thomas Knight is Associate Professor in the Department of Electrical Engineering and Computer Science at the Massachusetts Institute of Technology. John Savage is Professor in the Department of Computer Science at Brown University. Topics covered: Circuits and Devices. Innovative electrical circuits, optical computing, automated semiconductor manufacturing, wafer-scale systems. Design Automation. Synthesis and silicon compilation, layout and routing, analysis and simulation, novel design methods, architectural design support, design for test. VLSI Architecture. Highly parallel architectures, specialpurpose VLSI chips and systems, novel small-scale systems, 1/0 and secondary storage, packaging, and fault tolerance. Software Systems. Architecturedriven programming models, parallel languages, compiling for concurrency, operating systems, synchronization. 'Theory. Parallel algorithms, VLSI theory, layout and wireability analysis, 1/0 complexity, interconnection networks, reliability.

1998 International Conference on Parallel Architectures and Compilation Techniques, Paris, France, October 12-18, 1998

1998 International Conference on Parallel Architectures and Compilation Techniques, Paris, France, October 12-18, 1998

Author:

Publisher: Institute of Electrical & Electronics Engineers(IEEE)

ISBN: UCSC:32106014023888

Category: Computers

Page: 458

View: 582

This text on parallel architectures and compilation techniques covers such topics as: loop transformations; shared memory design techniques; specialized multiprocessor systems; parallel programming languages; JAVA and multithreading processors; register allocation; and branch and value prediction."