[BOOK][B] Benchmarks and investment management

LB Siegel - 2003 - cfainstitute.org
… , Laurence Siegel shines a bright light on the role of benchmarks, and he raises critical issues
that we can no longer ignore. SiegelSiegel focuses much of his efforts on describing the …

The demand for capital market returns: A new equilibrium theory

RG Ibbotson, JJ Diermeier, LB Siegel - Financial Analysts Journal, 1984 - Taylor & Francis
Investors demand more of an asset, the more desirable the asset's characteristics. The most
important characteristic is its price, or expected return. By varying price, any and all assets …

The equity risk premium: A contextual literature review

LB Siegel - 2017 - books.google.com
Research into the equity risk premium, often considered the most important number in finance,
falls into three broad groupings. First, researchers have measured the margin by which …

Real estate returns: a comparison with other investments

RG Ibbotson, LB Siegel - Real Estate Economics, 1984 - Wiley Online Library
Real estate returns, measured unleveraged, have been between those of stocks and bonds
over 1960–1982. Due to appraisal smoothing and imperfect marketability, one must be …

The only spending rule article you will ever need

MB Waring, LB Siegel - Financial Analysts Journal, 2015 - Taylor & Francis
After examining an array of approaches to determining a spending rule for retirees, the authors
propose the annually recalculated virtual annuity. Each year, one should spend (at most) …

The supply of capital market returns

JJ Diermeier, RG Ibbotson, LB Siegel - Financial Analysts Journal, 1984 - Taylor & Francis
Laurence Siegel is Associate and Research Division Manager of RG Ibbotson Associates,
Inc., Chicago and Instructor in Economics, Keller Graduate School of Management. …

The dimensions of active management

MB Waring, LB Siegel - Journal of portfolio management, 2003 - search.proquest.com
When one eliminates all the market factors that active managers deliver (and that are available
almost for free through index funds), what remains is the pure alpha. The cost of seeking …

Alternatives and Liquidity: Will Spending and Capital Calls Eat Your" Modern" Portfolio?

LB Siegel - Journal of Portfolio Management, 2008 - search.proquest.com
High allocations to alternative investments by investors, such as foundations and endowments,
raise infrequendy discussed concerns about liquidity. As the percentage of assets under …

TIPS, the dual duration, and the pension plan

LB Siegel, MB Waring - Financial Analysts Journal, 2004 - Taylor & Francis
By defining “duration” as the sensitivity of an asset's price to changes in some other variable,
one may characterize any asset as having an inflation duration, D i , and a real-interest-rate …

The myth of the absolute-return investor

MB Waring, LB Siegel - Financial Analysts Journal, 2006 - Taylor & Francis
The notion of "absolute return" investing is spreading like wildfire. Many people believe that
superior returns can be achieved by managers with strong views and little regard for …