Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Advanced Portfolio Management: A Quant's Guide for Fundamental Investors
Foyalty 93

Advanced Portfolio Management: A Quant's Guide for Fundamental Investors (Hardback)

Pre-order for despatch on publication.


When measured by assets under management, the majority of equity investing is fundamentally driven. Portfolio managers identify investment opportunities and translate them into portfolios. Although the portfolios may take many shapes, depending on the mandates and constraints of the funds, they are constructed according to a set of shared principles. Over the course of the past 30 years, the industry has matured and become more sophisticated; in the process, the principles have evolved and refined. This process of continuous experimentation and selection has happened by and large in the investment firms, and has been driven by their most skilled practitioners, with a healthy input from finance academics. Factor risk models play a central role, but not in the same way they do in the "factor investing" (or "smart beta") investment style. Rather than as a way to identify investable anomalies, factor modeling offers an extremely flexible and insightful framework for risk quantification, portfolio analysis, and portfolio construction. Being developed by trial-and-error by professionals in an industry that does not value open communication, this body of knowledge has been transmitted primarily via a system of apprenticeship. Veteran risk managers tutor junior ones, who work with junior portfolio managers, who will demand that their own team members understand the principles, and so on. To use a term coined by Bertrand Russell, this is "knowledge by acquaintance": experienced and direct. Its counterpart is "knowledge by description". Specialized knowledge by acquaintance does not scale, and is fragile: Leonardo fruitfully apprenticed with Verrocchio, and became a great technical innovator; but his knowledge died with him, because he had no disciples.

BusinessFinance & accountingFinanceInvestment & securities Publisher: John Wiley & Sons Inc Publication Date: 28/07/2021 ISBN-13: 9781119789796  Details: Type: Hardback Format: Books
Availability: Pre-order for despatch on publication. Pre-Order

More books by Giuseppe Paleologo

Leave Review

Delivery Options

All delivery times quoted are the average, and cannot be guaranteed. These should be added to the availability message time, to determine when the goods will arrive. During checkout we will give you a cumulative estimated date for delivery.

As the UK enters the Christmas period with several Bank Holidays and weekends ahead, orders may see short delays in arriving as our warehouse, suppliers and couriers will all be working on reduced holiday schedules.

** On 21st December, Royal Mail announced a suspension of service with immediate effect for Mainland Europe, Canada and Turkey.

Items currently en route to Ireland will be delivered as normal. Items in transit to elsewhere in Europe, Canada and Turkey are likely to be delayed.

We are temporarily unable to accept orders for delivery to destinations on Royal Mail's suspension list (see below)


Location 1st Book Each additional book Average Delivery Time
Free UK Standard Delivery on Orders Over £25 (2nd Class)     3-5 Days
UK Standard Delivery (2nd Class) £2.99 £0.00 3-5 Days
UK 1st Class Delivery £3.99 £0.00 1-2 Days

Click & Collect / 
Delivery to a Foyles Bookshop

Click here for further information about stores offering Click & Collect during the current pandemic restrictions

Free Free From 2 hours - Individual item delivery times given at checkout
UK Courier* £7.95 £0.00 1 Working Day
Western Europe**Airmail £9.00 £1.00 7-8 Days
Rest of World Airmail £12.50 £1.00 7-10 Days

* For courier service please contact the Charing Cross Road store

** Includes Austria, Belgium, Denmark, France, Germany, Greece, Iceland, Irish Republic, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden and Switzerland.

Click and Collect is available for all our shops; collection times will vary depending on availability of items. Individual despatch times for each item will be given at checkout.

Delivery Help & FAQs

A Year of Books Subscription Packages 

Delivery is free for the UK. Western Europe costs £60 for each 12 month subscription package purchased. For the Rest of the World the cost is £100 for each package purchased. All delivery costs are charged in advance at time of purchase. For more information please visit the A Year of Books page.

Returns Information

If you are not completely satisfied with your purchase*, you may return it to us in its original condition with in 30 days of receiving your delivery or collection notification email for a refund. Except for damaged items or delivery issues the cost of return postage is borne by the buyer. Your statutory rights are not affected.

* For Exclusions and terms on damaged or delivery issues see Returns Help & FAQs

You might also like

Simple But Not Easy, 2nd edition: A...
Richard Oldfield
An Introduction to Real Estate Finance
Edward Glickman
The Perfect Investment: Create...
Paul Moore
Venture Capital and the Corporate...
Lin Zhang
© W&G Foyle Ltd
Foyles uses cookies to help ensure your experience on our site is the best possible. Click here if you’d like to find out more about the types of cookies we use.
Accept and Close