|
Posted by Akash on October 3, 2007, 4:50 am
With the recent advances in investment theory and practice, we have
seen the advent of new products, strategies and investment assets.
The main focus is on quantitative theory and practice, where most of
the progress has been made, and this progress is expected to continue.
What is quantitative investment management? It is more a matter of
process, in which the quantitative investment manager lets the
computer do most of the work, in finding investments that have certain
target characteristics. For instance, in equity management, the
process imposes discipline on the security selection process. A
quantitatively derived portfolio would not fail to match the portfolio
characteristics intended.
A further elaboration for a better understanding maybe read at:
http://www.narachinvestment.com/investment_world_and_reflections.htm
|