The Future of Finance
A New Model for Banking and Investment
By Gino Landuyt, Moorad Choudhry | Publisher: Wiley
About the book
New banking and investment business models to navigate the post-financial crisis environment
The financial crisis of 2007-2008 has discredited business models in the banking and fund management industries. In The Future of Finance, Moorad Choudhry and Gino Landuyt argue that banks must realign their business models, implying a lower return-on-equity; diversifying their funding sources; and increasing liquidity reserves. On the investment side, the authors discuss how diversification did not reduce risk, but rather amplified it, and failed to stabilize returns. The authors conclude that the clear lesson from the crisis is to know one's risk. A lesson that is best served by concentrating on assets and sectors that you understand.
- Examines the weaknesses in the business models of many institutions, as well as the theoretical foundation for professionals in the field of finance
- Identifies the shortcomings of Modern Portfolio Theory
- Addresses how investment managers can find new strategies for creating \"alpha\" and why they need to re-vamp their fee structures
Filled with in-depth insights and practical advice, The Future of Finance will provide bankers and investment managers with a guide to realigning their businesses in order to prosper in the post-crisis financial markets.
Editions of The Future of Finance
- Hardcover
- ISBN 9780470572290
- EBook
- ISBN 9781118266861
- EBook
- ISBN 9780470906446
- EBook
- ISBN 9780470906460
Read an Excerpt
New banking and investment business models to navigate the post-financial crisis environment
The financial crisis of 2007-2008 has discredited business models in the banking and fund management industries. In The Future of Finance, Moorad Choudhry and Gino Landuyt argue that banks must realign their business models, implying a lower return-on-equity; diversifying their funding sources; and increasing liquidity reserves. On the investment side, the authors discuss how diversification did not reduce risk, but rather amplified it, and failed to stabilize returns. The authors conclude that the clear lesson from the crisis is to know one's risk. A lesson that is best served by concentrating on assets and sectors that you understand.
- Examines the weaknesses in the business models of many institutions, as well as the theoretical foundation for professionals in the field of finance
- Identifies the shortcomings of Modern Portfolio Theory
- Addresses how investment managers can find new strategies for creating \"alpha\" and why they need to re-vamp their fee structures
Filled with in-depth insights and practical advice, The Future of Finance will provide bankers and investment managers with a guide to realigning their businesses in order to prosper in the post-crisis financial markets.
Frequently Asked Questions
What is The Future of Finance about?
New banking and investment business models to navigate the post-financial crisis environment
The financial crisis of 2007-2008 has discredited business models in the banking and fund management industries. In The Future of Finance, Moorad Choudhry and Gino Landuyt argue that banks must realign their business models, implying a lower return-on-equity; diversifying their funding sources; and increasing liquidity reserves. On the investment side, the authors discuss how diversification did not reduce risk, but rather amplified it, and failed to stabilize returns. The authors conclude that the clear lesson from the crisis is to know one's risk. A lesson that is best served by concentrating on assets and sectors that you understand.
- Examines the weaknesses in the business models of many institutions, as well as the theoretical foundation for professionals in the field of finance
- Identifies the shortcomings of Modern Portfolio Theory
- Addresses how investment managers can find new strategies for creating \"alpha\" and why they need to re-vamp their fee structures
Filled with in-depth insights and practical advice, The Future of Finance will provide bankers and investment managers with a guide to realigning their businesses in order to prosper in the post-crisis financial markets.
What core themes, tropes, or subjects are explored in The Future of Finance?
Economics, Finance, Business and Management > Finance and accounting > Finance and the finance industry > Investment and securities
Where can I read a sample of The Future of Finance?
You can read an official preview of the few pages here https://www.book2look.com/book/9780470572290
Is The Future of Finance part of a series, and can it be read as a standalone?
Yes it is a part of series Wiley Finance
Who is/are the Author/s of the book The Future of Finance?
Gino Landuyt, Moorad Choudhry
Who is the Publisher of the book The Future of Finance?
Wiley
What are the ISBN numbers for the physical and digital editions?
The Future of Finance is available as hardcover(ISBN 9780470572290) and ebook(ISBN 9781118266861) and ebook(ISBN 9780470906446) and ebook(ISBN 9780470906460)
Where can I buy The Future of Finance online or support local independent bookshops?
You can buy The Future of Finance from below
Where can I buy The Future of Finance?