This book focuses on all major aspects of the asset management industry including its regulations, strategies, processes, applied technologies, and risks. It provides a serious resource for readers seeking greater depth and alternative opinions on specific industry developments, and breadth for specialists interested in the dynamics of the industry

PART I: GLOBAL ASSET MANAGEMENT - INTRODUCTION AND OVERVIEW
1. The Asset Management Industry Dynamics of Growth, Structure and Performance; Ingo Walter
2. What do we Know about the Mutual Fund Industry?; Massimo Massa
PART II: THE CRISIS OF 2007-2008 AND ITS AFTERMATH
3. Macroeconomic Perspectives on the Financial Crisis and its Aftermath; Ole Risager
4. Some Lessons from CDO Markets on Mathematical Models; David Lando
5. The Credit Crisis of 2007 and its Implications for Risk Management; John Hull
6. After the Storm: Four Innovations Changing Investment Management; Adam Schneider
7. Avoiding International Financial Crises: An Incomplete Reform Agenda; Jean Dermine
PART III: KEY RISK FACTORS IN ASSET MANAGEMENT
8. Managing Growth and Strategic Risk; Mathias Schmit and Lin-Sya Chao
9. Wall Street’s Management of Risks – Why it Failed; John H. Biggs
10. Reputational Risk and the Financial Crisis; Ingo Walter
11. Risk Management for Pension Funds and Endowments; Aaron Brown
12. A Stitch in Time…; Kosrow Dehnad
PART IV: REGULATIONS AND GOVERNANCE
13. Corporate Governance and the Financial Crisis; Steen Thomsen
14. Governance and the Financial Crisis: More Convergence, Less Risk?; Renée Adams
15. Financial Regulation and Risk Governance; Caspar Rose
16. Game Change in Asset Management; Karel Lannoo and Mirzha de Manuel Aramendía
17. The Asset Manager’s Guide to Sustainable Regulatory Advantage; Anders Bidsted Andersen and Carsten Kunkel
PART V: OPERATIONAL PROCESSES AND COSTS
18. The Interrelationships between Processes, Costs and Risks in Asset Management; Michael Pinedo
19. A Best Practices Framework for Operational Infrastructure and Controls in Asset Management; Ümit Alptuna, Manos Hatzakis and Reha Tütüncü
20. Managing Costs at Investment Management Firms; Adam Schneider
21. Strategic and Tactical Cost Management in the Asset Management Industry; Marcelo Cruz
22. Transaction Costs and Asset Management; Yakov Amihud and Haim Mendelson
PART VI: OPERATIONAL PLATFORMS AND IT STRATEGIES
23. Operational Platform and Growth: A Strategic Challenge; Jacob Elsborg
24. Addressing the Data Management Challenge in Asset Management; Howie San
25. The Use of Advanced Technology in Global Asset Management; Anders Kirkeby
26. Fit-for-Future Enterprise Architecture: Supporting Strategic Business Challenges; Marc Schröter
PART VII: FUTURE CHALLENGES AND GROWTH
27. The Strategic Imperative of Creating and Capturing Value; Paul Verdin
28. Check or Checkmate? Game-Changing Strategies for the Asset Management Industry; Martin Huber, Philipp Koch and Johannes Elsner
29. Designing Products for Reluctant Investors: Applications of Behavioral Finance; Alistair Byrne
30. Current and Future Challenges Faced by Investment Funds; Martin Gruber
31. Current and Future Challenges Faced by Asset Managers; Stephen J. Brown
32. Current and Future Challenges Faced by Pension Funds; Massimo Massa