Index

accountants

active managers

compared with index trackers, 2^nd

performance over time

active personal portfolio management

adding up the costs of

advisory charges

age

life stages of financial planning

and risk profile

AIG

allocations see investment allocations

alternative investments

alternative weightings

‘angel’ investing, 2^nd

annuities

IRR (internal rate of return), 2^nd

apocalypse investing

avoiding fraud

and financial disasters

and gold as security

assets

asset classes to avoid

concentration risk

customisation and noninvestment

growth of, and overpayment of fees

and institutional investors

intangible

and liabilities

and portfolio theory

in the rational portfolio, assets split

tangible

see also minimal risk assets

avoiding fraud

 

banks

bailouts

cash deposits with

and financial disaster

and gold as security

and property investment

Barclays US High Yield index

Bernstein, William

The Intelligent Asset Allocator

bid/offer spread

black swan events, 2^nd, 3^rd

Bogle, John

bonds

bond indices, 2^nd

dollar domination of

ETFs, 2^nd

and financial planning

income from coupon payments

indices

and the rational portfolio

adding other bonds to

risk preferences, 2^nd

rebalancing your portfolio

‘risky’ bonds and liquidity

shortterm, 2^nd

see also corporate bonds; government bonds; minimal risk assets

Brazil

government bonds

broad-based portfolios

and liquidity

world equities, 2^nd, 3^rd, 4^th, 5^th

Buffett, Warren, 2^nd

fee structure

 

capital gains tax (CGT), 2^nd, 3^rd

and gifts

car insurance

Case-Shiller House Price index, 2^nd

cash deposits

deposit insurance

government guarantees

risk of

CGT see capital gains tax (CGT)

civil unrest

collectibles

commercial property market

commodities, 2^nd

returns form

company shares

comparison sites, 2^nd

enhanced independent

Contagion (film)

corporate bonds

adding to minimal risk assets, 2^nd, 3^rd

and financial planning

and credit quality

ETFs, 2^nd

and financial planning

liquidity of

and minimal risk assets

and portfolio theory, 2^nd

and the rational portfolio, 2^nd, 3^rd

adjusting

allocations, 2^nd

risk preferences

real return expectations

world corporate debt

yields, 2^nd

costs see fees and expenses

CRB Commodity index

CRB Total Return index, 2^nd

credit ratings

government bonds, 2^nd, 3^rd, 4^th

adding to minimal risk assets

currency

and government bonds, 2^nd, 3^rd, 4^th

matching

and world equities

currency-hedged investment products

custody charges

customisation

Cyprus

 

defined benefits pension schemes

defined contribution pension schemes

diversification

and assets

benefits of

and corporate bonds, 2^nd

and equity market risk

geographical

and government bonds, 2^nd

and the rational portfolio, 2^nd

and world equities, 2^nd

Dow Jones index

Industrial Average

recovery from losses

drop dead allocation

 

early savers

edge over the markets see investment edge

efficiency frontiers

EIS (Enterprise Investment Schemes)

Elton, Edwin

Modern Portfolio Theory and Investment Analysis

emerging market companies

listed on Western exchanges

Enterprise Investment Schemes (EIS)

equities

and government and corporate bonds

performance

and portfolio theory

and property investment

and the rational portfolio

allocations

risk preferences, 2^nd

rebalancing your portfolio

risk of

diversification and false sense of security

recovering from large losses

standard deviation, 2^nd, 3^rd

view that markets will always bounce back

see also world equities

equity risk premium

and financial planning

ETFs (exchange traded funds), 2^nd, 3^rd, 4^th

advantages to owning

buying bonds, 2^nd, 3^rd

commodity trading

customisation

fees and expenses

in global property

and gold trading

implementing

and index funds

leveraged

maturities

and minimal risk bonds, 2^nd

physical or synthetic

rebalancing your portfolio

and taxes

total expense ratio (TER)

tracking errors

European Union bonds, 2^nd

expenses see fees and expenses

 

fat tails

fees and expenses, 2^nd

adding up costs

alternative investments

benefits of paying lower fees

and comparison websites

financial advisers

index trackers compared with active managers

and investment edge

pension plans

and performance

impact over time

mutual funds, 2^nd

and the rational investor

and the rational portfolio, 2^nd

rebalancing your portfolio

Ferri, Richard

All About Asset Allocation

financial advisers, 2^nd

and comparison websites

financial crisis 2008–09

and commodities trading

and currency matching

and government bonds yields

and high risk preferences

and liquidity

and longterm financial planning, 2^nd

and market risk, 2^nd, 3^rd, 4^th

financial planning

building your savings

and the financial crisis 2008–09, 2^nd

and investment allocations, 2^nd, 3^rd

and life stages

and risk, 2^nd

risk surveys

rules of thumb to consider

supercautious savers

financial software packages

France

government bonds

fraud, avoiding

frequent trading

FTSE All-Share index

FTSE All-Share Tracker fund

FTSE NAREIT Global index, 2^nd, 3^rd

fund pickers

future performance

mutual funds

 

GDP

and corporate bonds

and world equity market value, 2^nd

Germany

government bonds

gifts

and capital gains tax

gold, 2^nd

as security

Goldman Sachs

government bonds

adding to minimal risk assets, 2^nd

and financial planning

and bank deposits

banks and government defaults

buying in base currency, 2^nd

credit ratings, 2^nd, 3^rd, 4^th

and diversification

earnings

ETFs, 2^nd

and the financial crisis (2008)

and financial planning

inflationprotected

liquidity of

longerterm

maturity

minimal risk

and world equities, 2^nd, 3^rd

and portfolio theory, 2^nd, 3^rd

and the rational portfolio, 2^nd, 3^rd

adjusting, 2^nd, 3^rd

allocations, 2^nd

risk preferences

real return expectations

time horizons

yields

Greece

government debt and bond yields

 

hedge funds, 2^nd, 3^rd, 4^th

Japanese government bonds

and liquidity

high risk preferences

home markets

overinvestment in

 

Icelandic banks

income tax

index funds, 2^nd

and ETFs

and government bonds

implementing

maturities

and minimal risk bonds, 2^nd

total expense ratio (TER)

tracking errors

index-tracking products, 2^nd

and active managers

adding bonds to a portfolio

compared with active managers, 2^nd

comparison sites, 2^nd

enhanced independent

costs of

fund changes and taxes

future product development

implementing

license fees for

and liquidity

and mutual funds

and the rational portfolio, 2^nd, 3^rd

different risk preferences

total expense ratio (TER), 2^nd

versus mutual fund returns over time

world equities, 2^nd

see also ETFs (exchange traded funds); index funds

India

government bonds

inflation

earnings from minimal risk bonds

inflation-adjusted government bonds

inflation-protected bonds

returns on world equities

information/research costs

institutional investors

insurance

buying

deposit insurance schemes

intangible assets

interest rates

cash deposits in banks

government bonds, 2^nd

international investment

investment allocations

adding other government and corporate bonds

and financial planning, 2^nd, 3^rd

flexibility of financial goals

life stages

rebalancing your portfolio, 2^nd

investment edge, 2^nd

absence of, 2^nd

adding up the costs

asset classes to avoid

and commodities trading, 2^nd

and the competition

different ways of having

and expenses

and performance

picking your moment

and private investments

and the rational portfolio

reconsidering your edge

and world equities

‘invisible hand’ of the market

IOUs (promissory notes)

IRR (internal rate of return)

annuities, 2^nd

iShares, 2^nd

Ishikawa, Tets

How I Caused the Credit Crunch

 

Japan

commodities trading

government bonds

Nikkei index

jewellery

 

leverage

ETFs

and mortgages

portfolios

liabilities

and the rational portfolio

life insurance, 2^nd

life stages

and financial planning

liquidity

equity portfolio and ‘risky’ bonds

and ETFs

minimal risk

and private investments

and the rational portfolio, 2^nd, 3^rd

returns on illiquid investments

selling your investment, 2^nd

localised risks

avoiding

and noninvestment assets

 

Madoff, Bernie

market capitalisation

and world equities, 2^nd

market efficiency and inefficiency

Mexico

government bonds

Microsoft investors, 2^nd, 3^rd

and liquidity, 2^nd

mid-life savers

minimal risk assets, 2^nd

adding other bonds to

corporate bonds, 2^nd, 3^rd

government bonds, 2^nd

adjusting the risk profile

asset classes to avoid

buying

and diversification

and equity markets

ETFs

and financial planning

50/50 split with world equities, 2^nd, 3^rd

allocations

government bonds

earnings

inflation-protected

time horizons of

inflationprotected bonds

and liquidity

as optimal portfolio

and portfolio theory, 2^nd

in the rational portfolio, 2^nd, 3^rd, 4^th, 5^th, 6^th

real return expectations

and world equities, 2^nd

Morgan Stanley

mortgages

and currency matching

and leverage

MSCI World Index, 2^nd, 3^rd, 4^th

mutual funds

fees and performance, 2^nd

and index trackers

 

national economies

and equity market risk

 

OEICs (openended investment companies)

oil trading, 2^nd

optimal portfolio theory

minimal risk asset

 

past performance

and future performance

Paulson, John

pension funds, 2^nd, 3^rd

benefits and charges

defined benefits schemes

underfunded

performance

and fees

index trackers

versus active managers

versus mutual funds

portfolio theory

and government bonds

optimal

and the rational investor

price impact

private equity capital, 2^nd

private investments, 2^nd

and liquidity

privatisations

and world equities

professional investment managers

property market investments, 2^nd

avoiding

and financial disasters

institutional investors

and liquidity

and the rational portfolio

US subprime housing markets, 2^nd, 3^rd

 

rational investing, 2^nd

core of

ongoing tasks of

rational portfolio

adding other bonds to

adjusting

allocations

and equity risk

return expectations

asset classes to avoid

assets and liabilities

assets split

checklist

corporate bonds, 2^nd

diversification

financial benefits of

and financial disasters

geographical diversification

government bonds, 2^nd, 3^rd, 4^th, 5^th

implementation

incorporating other assets

and investment edge

key components of a

and liquidity, 2^nd, 3^rd

and pension plans

and portfolio theory

and risk preferences

risk/return profile, 2^nd, 3^rd, 4^th

tailoring to specific needs and circumstances

tax adjustments

tax benefits of holding

and tax efficiency, 2^nd, 3^rd, 4^th

world equities, 2^nd, 3^rd, 4^th

see also minimal risk assets

rebalancing your portfolio

ticket size

REITs (Real Estate Investment Trusts)

residential property market

retirees

investment allocation

retirement

annuities

and financial planning

risk

cash deposits

credit risk and corporate bonds

of equity markets

equity risk premium

high risk preferences

and longterm financial planning, 2^nd

and the optimised market

and the rational portfolio, 2^nd, 3^rd

asset split

risk preferences

risk expertise websites

risk surveys

risk/return profile

equity markets

and financial planning, 2^nd, 3^rd

and long-term financial planning

minimal risk assets

adding government and corporate bonds to

pension plans

and portfolio theory

and the rational portfolio, 2^nd, 3^rd, 4^th, 5^th

rebalancing your portfolio

world equities

riskless investment choice, 2^nd

 

S&P 500 index

and the CRB Commodity index

Index Tracker Portfolio

standard deviation

stocks

volatility

savings

‘doing nothing’ with

and long-term financial planning

life stages

SD see standard deviation (SD)

selling investments

and liquidity

software packages

Spain

government bonds

standard deviation (SD)

building your savings

and equity market risk, 2^nd, 3^rd

synthetic ETFs

 

Taleb, Nassim Nicholas

The Black Swan, 2^nd

tangency points

tangible assets

tax efficient proxies

tax wrappers, 2^nd

taxes, 2^nd

advisers or accountants

questions to ask

benefits of the rational portfolio

capital gains tax (CGT), 2^nd, 3^rd, 4^th

creating trading lots

and financial disaster

and pension plans, 2^nd

rational portfolio adjustment

realising losses against

tax advice websites

tax efficiency and the rational portfolio, 2^nd, 3^rd, 4^th

tax schemes

tax-sheltered or optimised products

transaction tax, 2^nd

technology-focused funds, 2^nd

TER (total expense ratio), 2^nd

This Time is Different: Eight Centuries of Financial Folly (Reinhart and Rogoff)

total expense ratio (TER), 2^nd

transaction taxes, 2^nd, 3^rd

transfer charges

turnover costs

 

unit trusts, 2^nd

United Kingdom

bank deposits and credit guarantee

equities

government bonds

credit rating

earnings from

sterling investors

United States

corporate bonds, 2^nd

Dow Jones index, 2^nd

equity market, 2^nd

risk, 2^nd, 3^rd

and total expense ratio

government bonds

credit ratings

dollar investors

earnings from

versus property investment

sub-prime housing market, 2^nd, 3^rd

 

Vanguard, 2^nd, 3^rd, 4^th, 5^th, 6^th

FTSE AllShare index

venture capital, 2^nd

Virgin FTSE All-Share Tracker fund

volatility

and financial planning

predicting future

 

Waal, Edmund de

The Hare with Amber Eyes

world equities

adjusting the rational portfolio

alternative weightings

defining

diversification benefits, 2^nd, 3^rd

ETFs

expected returns

and financial planning

50/50 split with minimal risk assets, 2^nd, 3^rd

investment allocation

and high risk preferences

indices

liquidity of

market value

and minimal risk assets, 2^nd

overweighing ‘home’ equities

and portfolio theory

and the rational portfolio, 2^nd, 3^rd, 4^th

allocations

risk preferences

real return expectations

US market, 2^nd