The Fourth Dimension of Investment Management (Paperback)
How will new strategies, methods, and technologies of the "Fourth Dimension" affect public stocks' investment management in the future? Indexing, the predominant methodology of the last two decades, stands challenged by increasingly volatile markets, predictions of lower average returns over the next 20 years, and unprecedented computing power enabled by new technologies. It presents potential new opportunities for active (defined as a combination of human and technology capabilities) investment management. This proposal aims to understand the complications associated with indexing and help define the strategies, methods, and technologies that will enable portfolio managers to improve public stocks' investment management.