Research Summary
Research Summary
Investment Decisions and Decision Problems in Professional Investment Management
Description
Jay O. Light is evaluating strategic business decisions in the money management industry as well as problems that arise in the management of very large pools of tax exempt money, particularly pension funds and endowments. From this research he is developing teaching materials that will be used in the elective course Investment Management, and in various senior executive education programs. These materials will explore investment decisions and decision problems in professional investment management organizations, both those that manage publicly-traded equity and those that manage private equity.