Investment Management and Mismanagement: History, Findings, and
Analysis will present the reader with: (1) a brief overview of
portfolio management and its historical evolution, (2) the findings
of a substantial amount of academic research into the performance
of portfolio managers, (3) the various issues associated with both
institutional and individual portfolio mismanagement, and (4) a
treatment of the areas of suitability and churning The articles
referenced are primarily works from academic journals, including:
The Journal of Finance, Journal of Financial Economics, and others,
as well as from practitioner-oriented venues, such as Financial
Analyst Journal and various law journals. This work should be of
value to academic researchers as a convenient source of summarized
studies in these areas, while practitioners will find value its
content as an efficient reference for determining the benefits of
asset management as well as potential pitfalls.
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