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Active Portfolio Management is an outstanding treatise on the methods and techniques of measuring performance and risk control that is both rigorous and understandable."-Jon A. Christopherson, Research Fellow, Frank Russell Company. Read more. About the Author. Richard C. Grinold, Ph.D., is Managing Director, Advanced Strategies and Research at Barclays Global Investors. Dr. Grinold spent 14



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Buckle (2003) developed a more general model of active portfolio management that uses fewer assumptions than Grinold and Kahn, resulting in the generalised fundamental law of active management

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