{"product_id":"moving-beyond-modern-portfolio-theory","title":"Moving Beyond Modern Portfolio Theory","description":"\u003cp data-start=\"87\" data-end=\"104\"\u003e\u003cstrong data-start=\"87\" data-end=\"104\"\u003eBook Details:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"106\" data-end=\"400\"\u003e• \u003cstrong data-start=\"108\" data-end=\"118\"\u003eAuthor\u003c\/strong\u003e: Lukomnik, Jon | Hawley, James P.\u003cbr data-start=\"152\" data-end=\"155\"\u003e• \u003cstrong data-start=\"157\" data-end=\"170\"\u003ePublisher\u003c\/strong\u003e: TAYLOR AND FRANCIS BOOKS INDIA PRIVATE LIMITED\u003cbr data-start=\"218\" data-end=\"221\"\u003e• \u003cstrong data-start=\"223\" data-end=\"234\"\u003eEdition\u003c\/strong\u003e: 1st Edition\u003cbr data-start=\"247\" data-end=\"250\"\u003e• \u003cstrong data-start=\"252\" data-end=\"263\"\u003eBinding\u003c\/strong\u003e: Paperback\u003cbr data-start=\"274\" data-end=\"277\" data-is-only-node=\"\"\u003e• \u003cstrong data-start=\"279\" data-end=\"298\"\u003eNumber of Pages\u003c\/strong\u003e: 144\u003cbr data-start=\"303\" data-end=\"306\"\u003e• \u003cstrong data-start=\"308\" data-end=\"316\"\u003eISBN\u003c\/strong\u003e: 9781032507231\u003cbr data-start=\"331\" data-end=\"334\"\u003e• \u003cstrong data-start=\"336\" data-end=\"352\"\u003eRelease Date\u003c\/strong\u003e: 1st December 2021\u003cbr data-start=\"371\" data-end=\"374\"\u003e• \u003cstrong data-start=\"376\" data-end=\"389\"\u003eLanguages\u003c\/strong\u003e: English\u003c\/p\u003e\n\u003chr data-start=\"402\" data-end=\"405\"\u003e\n\u003cp data-start=\"407\" data-end=\"426\"\u003e\u003cstrong data-start=\"407\" data-end=\"426\"\u003eAbout the Book:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"428\" data-end=\"1050\"\u003e\u003cem data-start=\"428\" data-end=\"491\"\u003eMoving Beyond Modern Portfolio Theory: Investing That Matters\u003c\/em\u003e uncovers the limitations of Modern Portfolio Theory (MPT) and presents a compelling case for its evolution. MPT has revolutionized the investing world, shaping how portfolios are constructed, but it fails to account for the broader environmental, social, and financial systems that are increasingly vital in today’s world. The book argues that MPT is outdated, lacking the necessary tools to address systemic risks like climate change, gender diversity, and social inequalities—issues that have profound impacts on investment portfolios and the real economy.\u003c\/p\u003e\n\u003cp data-start=\"1052\" data-end=\"1483\"\u003eJon Lukomnik and James P. Hawley propose an innovative shift in investment strategy, one that not only focuses on delivering returns but also on mitigating risks that affect global markets. The authors draw on the example of some of the world’s largest investors who prioritize systemic risks over traditional stock-picking methods, proving that even within the constraints of current theory, improving market outcomes is possible.\u003c\/p\u003e\n\u003cp data-start=\"1485\" data-end=\"1991\"\u003eBy emphasizing the interconnections between investing and the systems that underpin capital markets, \u003cem data-start=\"1586\" data-end=\"1625\"\u003eMoving Beyond Modern Portfolio Theory\u003c\/em\u003e highlights the need for finance to evolve in order to serve its dual purposes: providing investors with adequate returns and directing capital to where it is most needed in the economy. The book integrates MPT’s foundational principles of diversification and risk-adjusted return, while grounding them in the reality of the complex, interdependent world we live in.\u003c\/p\u003e\n\u003cp data-start=\"1993\" data-end=\"2184\" data-is-last-node=\"\" data-is-only-node=\"\"\u003eThis insightful and timely work challenges the status quo and offers a roadmap for a new, more responsible approach to investing that prioritizes long-term sustainability and societal impact.\u003c\/p\u003e","brand":"Routledge","offers":[{"title":"Default Title","offer_id":49872640835888,"sku":"Sarat_9781032507231","price":846.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0690\/9968\/4144\/files\/routledge-book-default-title-moving-beyond-modern-portfolio-theory-41074106859824.jpg?v=1775968345","url":"https:\/\/www.retailmaharaj.com\/bn\/products\/moving-beyond-modern-portfolio-theory","provider":"Retail Maharaj","version":"1.0","type":"link"}