SOURCE: Fisher Investments
March 29, 2011 10:00 ET
Fisher Investments on Utilities Released
Latest Book From Fisher Investments Press Offers a How-To Guide for Investing in the Utilities Sector
WOODSIDE, CA--(Marketwire - March 29, 2011) - Fisher Investments Press recently released its latest investment sector guide, Fisher Investments on Utilities. In the guide, authors Andrew Teufel and Theodore Gilliland take an informative look at the industries and sub-industries comprising the sector, how macroeconomic drivers impact it, and the challenges facing Utilities companies, including many electric, gas, and water utilities that are household names. Most importantly, this reliable and accessible guide gives investors of all levels a framework for making investment decisions related to the sector, using economic, political, and sentiment factors. This framework can help readers learn how to identify opportunities or risk in the sector, discern comparative advantages between Utilities companies, and avoid potential pitfalls.
"Utilities is a small investing category, just about 4% of the global stock market, but an important one in it's traditionally regarded as a defensive sector," says Fisher Investments Vice Chairman and co-author Andrew Teufel. "But even very defensive sectors can have periods during ongoing bull markets where they outperform and vice versa," continues Teufel. "The key to investing in this sector is understanding its macro and more micro drivers, which are detailed in Fisher Investments on Utilities."
Utilities firms provide our electricity, heat, and clean water -- three commodities critical to modern living -- and hard to imagine doing without. Because utilities are so vital, governments globally usually keep this sector tightly regulated -- and politicians can be very fickle. To invest successfully here, investors must know what distinct drivers impact Utilities industries, and how they differ globally. This book provides the tools to help readers understand and analyze the various macro and micro investment drivers -- including economic growth, interest rates, investor sentiment, trends in environmental policy, and local operating conditions, among other things -- that can have far-reaching impact across the Utilities sector.
This installment of the Fisher Investments On series, Fisher Investments on Utilities is published by Fisher Investments Press, a partnership between Fisher Investments and John Wiley & Sons. The Fisher Investments On series teaches readers how to invest in the primary investment sectors, from Consumer Staples to Technology. Each book in the series focuses on a specific sector, providing in-depth analysis and tools to help create an investment strategy.
About Fisher Investments Press
Established in 2007, Fisher Investments Press combines the investment knowledge, experience, and expertise of Fisher Investments with established publisher John Wiley & Sons, Inc. The publishing imprint is intended to educate readers on pertinent investing topics spanning from investing strategy to global markets. The Fisher Investments On series consists of 11 "how-to" guides for investing in the primary investment sectors with a top-down approach that can be applied to any investment category. These books are co-authored by members of Fisher Investments' in-house research team under the guidance of Fisher Investments Vice Chairman Andrew Teufel. For recent "Fisher Investments On" titles, please visit http://www.fisher-investments-press.com/.
About Fisher Investments
Founded in 1979, Fisher Investments is an independent, privately owned money management firm overseeing more than $41 billion (as of 12/31/10) across two principal business units, Fisher Investments Institutional Group and Fisher Investments Private Client Group. Together, these groups serve a global client base of diverse investors, including over 100 large institutions and over 20,000 high net worth individuals. Founder and CEO Ken Fisher has written the Forbes "Portfolio Strategy" column for 26 years, has written 7 books on investing and personal finance (4 of which are bestsellers), was recently named by Investment Advisor magazine as one of the 30 most influential industry individuals in the last 30 years (Thirty for Thirty, May 2010), and is globally recognized as an investment guru. For more information visit http://www.fisherinvestments.com/.
About John Wiley & Sons
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for 200 years, helping people around the world meet their needs and fulfill their aspirations. Since 1901, Wiley and its acquired companies have published the works of more than 350 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry and Peace. Wiley's core businesses publish scientific, technical, medical and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and websites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the US, Europe, Asia, Canada, and Australia. The Company is listed on the New York Stock Exchange (NYSE: JWA) (NYSE: JWB). For more information visit http://fisher-investments-press.wiley.com/.