The management of equity investments

"The Management of Equity Investments is based on an extensive research project undertaken by the author in 2003 and 2004, in the United States, England, Germany, France, Italy and Switzerland. The author outlines the rules behind the able management of investments by professionals working for banks and institutional investors as well as by knowledgeable private individuals. These rules are examined within the perspective of each entity's goals and challenges." "Based on research results and on his own experience, the author demonstrates that shareholder value is usually being paid lip service. As far as investment results are concerned, there are serious risks associated with leveraging, near-sighted management, obsolescence of skills and dubious deals."--BOOK JACKET