Praise for Investment Management
"A compelling analysis of the challenges of investmentmanagement, and why investment management firms require innovationto succeed."
—Blake Grossman, CEO, Barclays Global Investors
"Great investment managers understand that positioningportfolios for clients should not be an act of conformity, butrather a constant journey of shifting fundamentals and opinion.Wayne and Ralph bring this fact to life by addressing some of thekey challenges to serious investment thinking, using top-levelresearchers in their respective fields. For those investmentmanagers and clients who want to go beyond the ordinary."
—Jeff Diermeier, former CEO of CFA Institute and retired CIOof UBS Global Asset Management
"The essays in this book provide an invaluable reference pointof serious readings for money managers. The works provide theanalyst with the most recent scholarship in a single book,presenting ideas and philosophy that will lead me back to itsvarious sections time and time again."
—Kenneth S. Hackel, CFA, President, CT Capital LLC
"The crash of 2007–2009 brought a harsh conclusion to aquarter of a century of unprecedented growth and prosperity for theinvestment management industry, which faces no less a task thanreinventing itself. Rieves' and Wagner's contribution to the wayforward couldn't be timelier."
—Richard Ennis, Principal, Ennis Knupp + Associates
"This book uniformly focuses on the best practices to whichinvestment management professionals should commit. I highlyrecommend this book to investment managers, sales people, andtrustees of pensions, endowments, trusts, and mutual funds."
—Jack Clark Francis, PhD, Professor of Economics and Finance,Bernard Baruch College
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