The Uses of Contingent Immunization (Fall 1981)

Chapters in this book

1. Frontmatter i
2. Contents v
3. Streetwise
4. Introduction 1
5. PART ONE: Market Behavior
6. Challenge to Judgment (Fall 1974) 5
7. The Dividend Puzzle (Winter 1976) 10
8. The Capital Asset Pricing Model and the Market Model (Winter 1981) 14
9. Factors in New York Stock Exchange Security Returns, 1931-1979 (Summer 1982) 26
10. What Hath MPT Wrought: Which Risks Reap Rewards? (Fall 1983) 41
11. Persuasive Evidence of Market Inefficiency (Spring 1985) 48
12. What Moves Stock Prices? (Spring 1989) 56
13. The Complexity of the Stock Market (Fall 1989) 65
14. Beta and Return (Fall 1993) 74
15. PART TWO: Performance Measurement and Evaluation
16. Performance Evaluation and Benchmark Errors (Summer 1980) 85
17. The Trouble with Performance Measurement (Spring 1986) 95
18. How to Detect Skill in Management Performance (Winter 1986) 101
19. The Implementation Shortfall: Paper versus Reality (Spring 1988) 106
20. Continuously Rebalanced Investment Strategies (Fall 1991) 112
21. PART THREE: Portfolio Strategy
22. A New Route to Higher Returns and Lower Risks (Fall 1975) 117
23. A Global Approach to Money Management (Summer 1976) 125
24. How to Win at the Loser's Game (Fall 1978) 135
25. A New Paradigm for Portfolio Risk (Fall 1984) 143
26. Latane's Bequest: The Best of Portfolio Strategies (Winter 1986) 151
27. The Fundamental Law of Active Management (Spring 1989) 161
28. The Sharpe Ratio (Fall 1994) 169
29. The Invisible Costs of Trading (Fall 1994) 179
30. PART FOUR: Real Estate
31. Real Estate: The Whole Story (Spring 1988) 187
32. PART FIVE: Fixed Income Portfolio Management
33. Breaking tradition in bond portfolio investment 201
34. The Dividends from Active Bond Management (Spring 1975) 209
35. Duration as a Practical Tool for Bond Management (Summer 1977) 214
36. Goal Oriented Bond Portfolio Management (Summer 1979) 219
37. The Challenge of Analyzing Bond Portfolio Returns (Spring 1980) 225
38. The Art of Risk Management in Bond Portfolios (Spring 1981) 231
39. The Uses of Contingent Immunization (Fall 1981) 241
40. Bond Indexation: The Optimal Quantitative Approach (Spring 1986) 246
41. Why Invest in Foreign Currency Bonds? (Summer 1986) 250
42. Duration Models: A Taxonomy (Fall 1988) 255
43. Convexity and Exceptional Return (Winter 1990) 260
44. Non-Parallel Yield Curve Shifts and Immunization (Spring 1992) 265
45. Bond Yield Spreads: A Postmodern View (Fall 1992) 273
46. PART SIX: Options and Futures
47. Options Can Alter Portfolio Return Distributions (Spring 1981) 281
48. Option Portfolio Risk Analysis (Winter 1984) 291
49. The Use of Options in Performance Structuring (Summer 1985) 296
50. Futures and Alternative Hedge Ratio Methodologies (Spring 1986) 311
51. Hedging Corporate Bond Portfolios (Summer 1986) 322