Track To The Future eBook

This edited collection of Professor Joseph Cherian's past writings covers his translational research, observations, and hands-on practice from a unique career spanning both academia and the financial industry. Written in easy-to-understand layman's terms, this first edition comprises his contributions to areas of finance as wide-ranging as asset management, life-cycle savings and investing, infrastructure finance, digital currency, disruption and the economy, and macro, debt, sustainable and political economy. It can serve as a resource to professionals, policymakers, regulators, finance practitioners, and academics from all walks of life who are interested in the practice of modern finance theory.

Contents:

• Acknowledgements
• About the Author
• Preface
• Introduction
• Asset Management, Lifecycle Savings, and Investing:
  • On the Role of the State in Retirement Savings
  • Retirement Savings — The Seven Pillars
  • Making a Good Programme Even Better
  • A Word on (Retirement Savings) Costs and Longevity
  • A Vignette on the State of the Asset Management Industry
  • Making Promises We Can't Keep: The Asian Pensions Predicament
  • Terms of Endurement: Retirement Solutions Should Harness Investment Science and Technology to Shockproof Plans
  • Algo's Got Rhythm
  • Are Hedge Funds Just Traditional Beta?
  • In Bonds We (still) Trust
  • In Bonds We (still) Trust: Part 2
• Infrastructure Finance, Digital Currency, Disruption, and New Economy:
  • Making Infrastructure Assets More Palatable: A Unified Market Approach to Infrastructure Financing
  • Infrastructure Financing
  • Oh, Behave! Why the AIIB Can Be a Win for China and Asia: Can China Bring Its Mojo to the World of Infrastructure Financing?
  • On the Role of Blockchain in Democratizing the Investment Opportunity Set
  • The Long March to the Future Economy
• Macro, Debt, Sustainable and Political Economy:
  • SME Financing: The Need for Out-of-the-Box Thinking for the Next Systemic Crisis
  • Additional Safeguards for India's Growth Prospects: A Macro-finance Perspective
  • Hazenomics: Facing the Fire
  • The State As Insurer of Last Resort
  • Financial Trade-Offs Matter during Pandemics
  • A Turning Point Moment of Interest (or Why Is Everyone Afraid of Inflation?)
  • China's Big-Tech Crackdown and Financial Markets: Investors Aren't As Afraid As You Might Think
  • The Swan Song March? An Update on China's Big Tech Crackdown
• References

Readership: Non-finance professionals, policy makers, regulators, finance practitioners, and academics, both research-track and clinical, who are interested in the practice of modern finance theory. Finance professionals, policymakers, regulators, finance practitioners, academics interested in modern finance theory, and anyone interested to see financial economic theory turn into practical and implementable finance.

Key Features:

• Rigorous in both finance thought and theory, yet highly useful for implementation into practice
• Covers important and pressing issues such as retirement finance, the digital economy, and the political economy