EDHEC-Risk Concept Industry Analysis Featured Analysis Latest EDHEC-Risk Surveys Features Interviews Indexes and Benchmarking FTSE EDHEC-Risk Efficient Index Series FTSE EDHEC-Risk ERAFP SRI Index EDHEC-Risk Alternative Indexes EDHEC IEIF Quarterly Commercial Property Index (France) Hedge Fund Index Research Equity Index Research Amundi "ETF, Indexing and Smart Beta Investment Strategies" Research Chair Rothschild & Cie "Active Allocation to Smart Factor Indices" Research Chair Index Regulation and Transparency ERI Scientific Beta Performance and Risk Reporting Hedge Fund Performance Performance Measurement for Traditional Investment CACEIS "New Frontiers in Risk Assessment and Performance Reporting" Research Chair Asset Allocation and Alternative Diversification Real Assets Meridiam Infrastructure/Campbell Lutyens "Infrastructure Equity Investment Management and Benchmarking" Research Chair Natixis "Investment and Governance Characteristics of Infrastructure Debt Instruments" Research Chair Société Générale Prime Services (Newedge) "Advanced Modelling for Alternative Investments" Research Chair CME Group "Exploring the Commodity Futures Risk Premium: Implications for Asset Allocation and Regulation" Strategic Research Project Asset Allocation and Derivative Instruments Volatility Research Eurex "The Benefits of Volatility Derivatives in Equity Portfolio Management" Strategic Research Project SGCIB "Structured Investment Strategies" Research ALM and Asset Allocation Solutions ALM and Private Wealth Management AXA Investment Managers "Regulation and Institutional Investment" Research Chair BNP Paribas Investment Partners "ALM and Institutional Investment Management" Research Chair Deutsche Bank "Asset-Liability Management Techniques for Sovereign Wealth Fund Management" Research Chair Lyxor "Risk Allocation Solutions" Research Chair Merrill Lynch Wealth Management "Risk Allocation Framework for Goal-Driven Investing Strategies" Research Chair Ontario Teachers' Pension Plan "Advanced Investment Solutions for Liability Hedging for Inflation Risk" Research Chair Non-Financial Risks, Regulation and Innovations Risk and Regulation in the European Fund Management Industry Index Regulation and Transparency Best Execution: MiFID and TCA Mitigating Hedge Funds Operational Risks FBF "Innovations and Regulations in Investment Banking" Research Chair EDHEC-Risk Publications All EDHEC-Risk Publications EDHEC-Risk Position Papers IPE EDHEC-Risk Institute Research Insights AsianInvestor EDHEC-Risk Institute Research Insights P&I EDHEC-Risk Institute Research for Institutional Money Management Books EDHEC-Risk Newsletter Events Events organised by EDHEC-Risk Institute EDHEC-Risk Smart Beta Day Amsterdam 2017, Amsterdam, 21 November, 2017 EDHEC-Risk Smart Beta Day North America 2017, New York, 6 December, 2017 Events involving EDHEC-Risk Institute's participation EDHEC-Risk Institute Presentation Research Programmes Research Chairs and Strategic and Private Research Projects Partnership International Advisory Board Team EDHEC-Risk News EDHEC-Risk Newsletter EDHEC-Risk Press Releases EDHEC-Risk in the Press Careers EDHEC Risk Institute-Asia EDHEC Business School EDHEC-Risk Executive Education EDHEC-Risk Advances in Asset Allocation Blended Learning Programme 2017-2018 Yale School of Management - EDHEC-Risk Institute Certificate in Risk and Investment Management Yale SOM-EDHEC-Risk Harvesting Risk Premia in Alternative Asset Classes and Investment Strategies Seminar, New Haven, 5-7 February, 2018 Investment Management Seminars Contact EDHEC-Risk Executive Education Contact Us ERI Scientific Beta EDHEC PhD in Finance
Portfolio Trading
The Euromoney Global Portfolio Trading Handbook 2005 / 06

Authors: Editor: Claire Evans
Editions: Euromoney
Pages: 174 pages
Date: July 2005
Portfolio trading has become a jewel in the otherwise tarnished equities crown as fund managers increasingly gather their trades into one basket to reduce costs in volatile stock markets, With the rapid increase in usage of this investment tool, different investment groups are realising the benefits associated with it.

The third edition of The Euromoney Global Portfolio Trading Handbook analyses these benefits and provides valuable insights from a select consortium of respected trading professionals into how to improve performance and cut costs. This exclusive knowledge can be used to improve trading and execution capabilities.

The thoughts of industry experts reflect the latest and most cutting-edge developments such as soft commissions and unbundling and the emergence of FX as an asset class in its own right. Other thought-provoking analysis focuses on transition management, pension fund trustees, best execution, equity trading, algorithmic trading from the buy- and sell-side perspectives and direct market access (DMA). A specialist directory lists over 1,000 individual contacts from financial institutions, consultancy and advisory firms, software providers and law firms.

The topics covered are:
  • Enhancing portfolio performance using derivatives
  • The evolution of transition management – reacting to a changing landscape
  • A reality check on Direct Market Access (DMA) in Europe
  • Trading intelligently: structuring transaction costs across the investment process
  • Better impact cost estimation for portfolio trades
  • Algorithmic trading – a brief guide
  • Algorithmic trading – work smarter and survive
  • The process-based best execution regime: some important considerations
  • Best execution: challenging the challenges
  • The hallmarks of trading excellence – ‘total performance management’
  • Monitoring transaction costs in pension funds
  • Bundled brokerage and soft commission arrangements
  • How industry solution relates to the FSA’s desired outcomes
  • A case for the defined benefit pension trustee
  • How consultants help German corporates and pension funds to better manage their assets
  • Currencies as a separate asset class? The buy-side perspective
Jean-René Giraud, CEO of EDHEC-Risk Advisory, and Shashi Tiwari, Senior Consultant, EDHEC-Risk Advisory at the time of writing, jointly authored the chapter on "Best Execution: Challenging the Challenges".