href="#ulink_954f99af-4dd4-5213-899d-4fae02e51a83">INTRODUCTION
HISTORY
FACTORS OF PROMINENCE
RECENT FACTOR DISCOVERIES
PORTFOLIO IMPLEMENTATION CONSIDERATIONS
SUMMARY AND CONCLUSIONS
DISCUSSION QUESTIONS
REFERENCES
CHAPTER 17: Smart Beta Strategies versus Alpha Strategies
INTRODUCTION
WHAT IS SMART BETA?
EMPIRICAL EVIDENCE FROM FACTOR INVESTING AND SMART BETA STUDIES
RECENT EMPIRICAL EVIDENCE FROM THE U.S. ETF MARKET
SUMMARY AND CONCLUSIONS
DISCUSSION QUESTIONS
REFERENCES
CHAPTER 18: Activist and Impact Investing
INTRODUCTION
METHODS OF ACTIVISM
INSTITUTIONAL ACTIVISTS
INDIVIDUAL ACTIVISTS
IMPACT INVESTING
SUMMARY AND CONCLUSIONS
DISCUSSION QUESTIONS
REFERENCES
CHAPTER 19: Socially Responsible Investing
INTRODUCTION
A BRIEF HISTORY OF SRI IN THE UNITED STATES
ESG GROWTH IN POOLED INVESTMENT VEHICLES
RESPONSIBLE INVESTING GROWTH BY INSTITUTIONAL INVESTORS
THE PERFORMANCE OF SUSTAINABLE INVESTMENTS
LACK OF GUIDELINES ON VOLUNTARY NONFINANCIAL DISCLOSURE
ESG DISCLOSURE AND ASSET MANAGER VALUATION METHODOLOGY
ESG DISCLOSURE LACKS USEFULNESS
METHODS FOR OPERATIONALIZING ESG ISSUES
FIDUCIARY DUTY AND ESG INVESTING
ESG INTEGRATION FOR EQUITIES
CONSIDERATIONS FOR INTEGRATING ESG
CASE STUDY
SUMMARY AND CONCLUSIONS
DISCUSSION QUESTIONS
REFERENCES
CHAPTER 20: Pooled Investment Vehicles
INTRODUCTION
OPEN-END MUTUAL FUNDS
CLOSED-END FUNDS
UNIT INVESTMENT TRUSTS
EXCHANGE-TRADED FUNDS
SUMMARY AND CONCLUSIONS
DISCUSSION QUESTIONS
REFERENCES
9 PART Four: Special Equity Topics CHAPTER 21: Investing in Private Equity INTRODUCTION PERFORMANCE OF PE FUNDS PERFORMANCE PERSISTENCE FACTORS DRIVING PE PERFORMANCE RISK FACTORS OF PE FUNDS SUMMARY AND CONCLUSIONS DISCUSSION QUESTIONS REFERENCES CHAPTER 22: Investing in Emerging Markets INTRODUCTION CAPITAL FLOWS TO EMERGING MARKETS ISSUES RELATED TO CAPITAL MARKET INTEGRATION INSTITUTIONAL STRATEGIES FOR BETTER INVESTMENT DECISIONS POLITICAL CONNECTIONS, INVESTMENT DECISIONS, AND PERFORMANCE CORPORATE GOVERNANCE AND PERFORMANCE VALUATION PRACTICES IN EMERGING MARKETS SUMMARY AND CONCLUSIONS DISCUSSION QUESTIONS REFERENCES CHAPTER 23: Disclosure Regulations in Emerging Economies and Their Impact on Equity Markets INTRODUCTION VARIOUS DISCLOSURE REGULATION APPROACHES ENVIRONMENTAL AND CSR DISCLOSURE IN EMERGING MARKETS INSIDER TRADING, DISCLOSURES, AND RELATED REGULATION INFORMATION
