WHEN MARKETS COLLIDE INVESTMENT STRATEGIES EL-ERIAN M. /FOR THE AGE OF GLOBAL ECONOMIC CHANGE/ Księgarnia

"ONE OF THE SMARTEST INVESTORS ON THE PLANET."
MONEY MAGAZINE

This book is an essential read for those who wish to understand the modern world of investing.
Alan Greenspan

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.

Mohammed A. El-Erian is CEO of PIMCO, one of the largest investment management companies in the world. He formerly served as president and CEO of Harvard Management company, the firm that manages the university?s $35 billion endowment. He spent 15 years at the International Money Fund, working on policy, capital market and multi lateral economic issues. In 2004, Fortune named him a member of its eight-person `Mutual Fund Dream Team?.

Polish edition avaible

KIEDY RYNKI SIĘ ZDERZAJĄ GLOBALNE FINANSE W ERZE TURBULENCJI

Table of Contents

Introduction Finding Signals Within the Noise 1

Ch. l Aberrations, Conundrums, and Puzzles 19

Ch. 2 How Traditional Resources Failed Us 39

Ch. 3 Separating What Matters from What Doesn't 63

Ch. 4 Understanding the New Destination 99

Ch. 5 Prospects for the Journey 151

Ch. 6 Benefiting from Global Economic and Financial Change: An Action Plan for Investors 193

Ch. 7 An Action Plan for National Policy Makers and Global Institutions 235

Ch. 8 Improved Risk Management 265

Ch. 9 Conclusion 289

Notes 299

References 313

Index 327

Acknowledgments 337

About the Author 343

304 pages, Hardcover

Po otrzymaniu zamówienia poinformujemy,
czy wybrany tytuł polskojęzyczny lub anglojęzyczny jest aktualnie na półce księgarni.