Modern Investment Management: An Equilibrium Approach: 190 (Wiley Finance) - Hardcover

"... valuable resource for any market practitioners interested in or working in the asset management field... one of the better books." (Risk, April 2004) "a state-of-the-art exposition of modern investment techniques, full of brilliant analysis..." (Financial Times, September 29, 2003) "...the book explains some investment management techniques used by GSAM..." (Pensions Management, October 2003) "...The strength of this book is its technical rigour..." (Investment and Pensions Europe, November 2003)

Introduces the modern investment management techniques used by Goldman Sachs asset management to a broad range of institutional and sophisticated investors. Along with Fischer Black, Bob Litterman created the Black-Litterman asset allocation model, one of the most widely respected and used asset allocation models deployed by institutional investors. Litterman and his asset management group are often a driving force behind the asset allocation and investment decision-making of the world's largest 100 pension funds.