In today's volatile equity market, in which markets and individual securities change directions numerous times throughout the trading day, it becomes clearer that active portfolio management is necessary.
As the active versus passive management debate continues, Fabozzi and a distinguished group of finance professionals detail the best strategies for active management. Topics covered include construction of customized benchmarks, equity style management, use of derivatives in managing equity portfolios, and an effective new technique for asset allocation. (text from the publisher)