A Systematic Approach to Factor Investing Andrew Ang offers a fresh perspective on asset management. This study book highlights a systematic approach to factor investing, focused on risk bundles rather than traditional asset classes.
Ang makes the comparison to a healthy diet: it’s not the name of the ingredients that matters, but the actual nutrients. This insight forms the core of his approach, in which the focus is on how investors can anticipate their unique “bad times” in the market. The book presents an alternative to conventional asset allocation by emphasizing that factor risks are essential for achieving returns and managing market turbulence.
Features
- Author: Andrew Ang, Ann F. Kaplan Professor of Business, Columbia Business School
- Publisher: Oxford University Press Inc
- Publication date: October 2, 2014
- Number of pages: 720
- ISBN: 9780199959327
- Theme: Investment and securities
- Series: Financial Management Association Survey and Synthesis Series
About the author
Andrew Ang is a leading financial economist specializing in risk management and asset prices. He is affiliated with Columbia Business School and has extensive experience in academic research and consulting, including for the Norwegian Government Pension Fund.