Cover -- Title Page -- Copyright -- Contents -- Preface -- Chapter 1 Seismic Shifts -- The Code of Hammurabi -- Credit Crisis to Financial Crisis -- Quantitative Easing -- Spooky Markets -- Rise in Alternatives -- The Arab Spring -- Migration -- Rise in Populism -- Brexit -- Socio‐Economic Divide in Europe -- Active vs. Passive -- Generational Shifts -- Global Inflation -- Impact of the Internet -- Environmental, Social and Governance Issues -- Complexity, Transparency and Scale -- Some Conclusions -- Endnotes -- Chapter 2 What Is it like Being an Asset Manager? -- From the CEOs -- Some Conclusions -- Endnote -- Chapter 3 Structures and Economics -- Jurisdiction of Asset Managers -- Regulation of Asset Managers -- The US Securities Exchange Commission -- Structures of Management Vehicles -- Public or Private -- Entities -- Management Company Economics -- How They Make Money -- Fund Management Fees: How Different Funds Produce Different Fees -- Performance Fees and Carried Interest -- Costs of Running a Management Company -- Internal Team Economics -- Does Size Matter? -- Manager Size -- Multi‐Multi -- Some Conclusions -- Endnotes -- Chapter 4 Governance -- Regulatory Background -- UK Regulatory Environment -- US Regulatory Environment -- EU Regulatory Environment -- Boards and Committees -- Governance Trends -- The Rise of ESG -- Impact Funds -- Some Conclusions -- Endnotes -- Chapter 5 Investment Strategies -- Public Equities -- Types of Analysis -- Core Strategies for Investing in Equities -- Other Strategies -- Bonds or Credit -- Asset‐Backed Securities, Collateralised Loan Obligations and Collateralised Debt Obligations -- Real Estate and Infrastructure -- Other Hard Assets -- Private Equity -- Strategies -- Venture Capital -- Strategies -- Types of VC Managers -- Where Next for VC? -- Hedge Fund Strategies -- Typical Strategies.
