Outperforming the market—or “alpha creation” as it’s sometimes called—is very possible with the proper investment discipline and methodologies. But the market-beating strategies that will work today are not the same as those that worked in the past. Central bank intervention and the accelerated pace of technology have caused an increase in the disruption of traditional business models across many industries. These industry paradigm shifts combined with macro-driven financial markets have created one of the toughest environments for active investment managers in history. Active Investing in the Age of Disruption details the disruptive forces in the market today and how to navigate them to outperform. This book discusses winning equity investment strategies with lofty goals of alpha creation. Understanding the limits and potential of each unique investment methodology and portfolio strategy will allow you to generate higher returns. Even when your luck runs out or the market works against you, the ideas and disciplined approach in this book will keep you one step ahead of the market. · Understand the disruptive forces affecting the market today · Discover equity investment strategies uniquely targeting alpha generation—beating the market · Understand which features of active investing need to be implemented and stressed from a risk perspective to outperform the market · Learn which previously solid investment tenets may no longer hold true in the age of market disruption · Hone the craft of active investing—identify markets with the greatest profit potential, hedge against strategy limitations, and more It has been a very tough decade for active investment managers, but this book will inspire you to think differently about risks and opportunity. A deeper understanding of the forces affecting the market and a commitment to refining your investment process using the techniques in this book will help you step across the margin of error between under and outperforming.

Outperforming the market—or “alpha creation” as it’s sometimes called—is very possible with the proper investment discipline and methodologies. But the market-beating strategies that will work today are not the same as those that worked in the past. Central bank intervention and the accelerated pace of technology have caused an increase in the disruption of traditional business models across many industries. These industry paradigm shifts combined with macro-driven financial markets have created one of the toughest environments for active investment managers in history. Active Investing in the Age of Disruption details the disruptive forces in the market today and how to navigate them to outperform. This book discusses winning equity investment strategies with lofty goals of alpha creation. Understanding the limits and potential of each unique investment methodology and portfolio strategy will allow you to generate higher returns. Even when your luck runs out or the market works against you, the ideas and disciplined approach in this book will keep you one step ahead of the market. · Understand the disruptive forces affecting the market today · Discover equity investment strategies uniquely targeting alpha generation—beating the market · Understand which features of active investing need to be implemented and stressed from a risk perspective to outperform the market · Learn which previously solid investment tenets may no longer hold true in the age of market disruption · Hone the craft of active investing—identify markets with the greatest profit potential, hedge against strategy limitations, and more It has been a very tough decade for active investment managers, but this book will inspire you to think differently about risks and opportunity. A deeper understanding of the forces affecting the market and a commitment to refining your investment process using the techniques in this book will help you step across the margin of error between under and outperforming.

There are an estimated 42 million people worldwide living with HIV and AIDS. In the Caribbean, the statistics are alarming. After sub-Saharan Africa, the Caribbean has a higher HIV prevalence than any other area of the world. The need to control the spread of HIV is critical. Though medical advances have been successful in slowing the progress of the disease, there remains no cure for HIV and AIDS. In Challenging HIV and AIDS, the contributors, players at various levels in the education sector across the Caribbean, weigh in on the value of education as a means to halt the spread of HIV and AIDS. The contributions are unique to the Caribbean experience and culture and address the root causes of the spread of the epidemic. Reducing ignorance and the accompanying stigma and discrimination as well as addressing issues of sexuality through Health and Family Life Education in schools are identified as effective programs in addressing the epidemic.

The 8th Large Wastewater Treatment Plants conference was the first to mention economics explicitly in its title. This was to underline the fact that wastewater treatment issues cannot be addressed solely as scientific-technical problems, but are deeply embedded in a socio-economic context. This need for a holistic approach was stressed by many participants, to whom the idea of dealing with either technology or economics in isolation made no sense. Thirty-seven papers have been selected for these proceedings; they focus on the following areas: wastewater treatment in Hungary; large projects and case studies; planning, treatment processes and modelling for design; settling processes for activated sludge; operational experiences; industrial plants; sludge management; and costs and economics. These proceedings form an essential information source for anyone - manager, designer, engineer or scientist - involved in the design or operation of large wastewater treatment plants or the supply of equipment for them.