When Markets Collide碰撞:世界金融新版图
分類: 图书,进口原版书,经管与理财 Business & Investing ,
作者: Mohamed El-Erian 著
出 版 社:
出版时间: 2008-5-1字数:版次: 1页数: 344印刷时间:开本: 16开印次: 1纸张:I S B N : 9780071592819包装: 精装编辑推荐
作者简介:Mohamed A. EI-Erian is co-CEO and co-CIO of PIMCO, one of the larg- est investment management companies in the world. He formerly served as presi- dent and CEO of Harvard Management Company, the firm that man- ages the university's $35 billion endowment.He spent 15 years at the International MoneyFund, working on policy, capital market, andmultilateral economics issues. EI-Erian hasbeen featured in Bloomberg, Forbes, Finan-cial Times, Latin Finance, CNBC, New YorkTimes, and The Wall Street Journal. In 2004,Fortune named him a member of its eight-person "Mutual Fund Dream Team."
内容简介
When Markets Collide is a timely alert to the fundamental changes taking place in today's global economic and financial systems--and a call to action for investors who may fall victim to misinterpreting important signals. While some have tended to view asset class mispricings as mere “noise,” this compelling book shows why they are important signals of opportunities and risks that will shape the market for years to come. One of today's most respected names in finance, Mohamed El-Erian puts recent events in their proper context, giving you the tools that can help you interpret the markets, benefit from global economic change, and navigate the risks.
The world economy is in the midst of a series of hand-offs. Global growth is now being heavily influenced by nations that previously had little or no systemic influence. Former debtor nations are building unforeseen wealth and, thus, enjoying unprecedented influence and facing unusual challenges. And new derivative products have changed the behavior of many market segments and players. Yet, despite all these changes, the system's infrastructure is yet to be upgraded to reflect the realities of today's and tomorrow's world. El-Erian investigates the underlying drivers of global change to shed light on how you should:
Think about the new opportunities and risks
Construct an appropriately diversified and internationalized portfolio
Protect your portfolio against new sources of systemic risk
Best think about the impact of central banks and financial policies around the world
Offering up predictions of future developments, El-Erian directs his focus to help you capitalize on the new financial landscape, while limiting exposure to new risk configurations.
When Markets Collide is a unique collection of books for investors and policy makers around the world. In addition to providing a thorough analysis and clear perspective of recent events, it lays down a detailed map for navigating your way through an otherwise perplexing new economic landscape.
目录
PREFACE
INTRODUCTION:FINDING SIGNALS WITHIN THE NOISE
CHAPTER1 ABERRATIONS CONUNDRUMS AND PUZZLES
CHAPTER2 HOW TRADITIONAL RESOURCES FAILED US
CHAPTER3 SEPARATING WHAT MATTERS FROM WHAT DOESNT
CHAPTER4 UNDERSTANDING THE NEW DESTINATION
CHAPTER5 PROSPECTS FOR THE JOURNEY
CHAPTER6 BENEFITING FROM GLOBAL ECONOMIC AND FINANCIAL CHANGE AN ACTION PLAN FOR INVESTORS
CHAPTER7 AN ACTION PLAN FOR NATIONAL POLICY MAKERS AND GLOBAL INSTITUTIONS
CHAPTER8 IMPROVED RISK MANAGEMENT
CHAPTER9 CONCLUSION
NOTES
REFERENCES
INDEX
ACKNOWLEDGMENTS
ABOUT THE AUTHOR