VOL. 2, NO. 1, NOVEMBER 1999

Guest Commentary
“Give Your Clients the Full Monte: How Monte Carlo Simulation Can Improve the Asset Allocation Process,” Rex P. Macey, CIMA®, CFA®

Practice Management
“Analyzing Transaction Costs: Part 2,” Wayne H. Wagner and Steven Glass, J.D.
“Is Opportunity Cost a Source of After-Tax Alpha?” Jay L. Shein, Ph.D., CIMA®, CFP®
“The Historical Record for Active Management,” Richard C. Grinold, Ph.D., and Ronald N. Kahn, Ph.D.
“Tracking Error: An Essential Tool in Evaluating Index Funds,” Chris Tobe, CFA®

Compliance
“Use of Brokerage Accounts to Comply with ERISA Section 404(c),”John B. Brescher Jr., Esq., and Adam B. Cantor, Esq.

Alternative Investments
“The Evolution of Pension Investing in Real Estate,” Mark G. Roberts

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