Investments

Description

Book Features:

• Coverage on Modern Portfolio Theory, which focuses on the techniques and implications of efficient diversification
• The text provides complete coverage of futures, options and other derivative security markets
• Strong treatment of Excel. Selected chapters contain problems, denoted by an icon, specifically linked to Excel templates that are available on the book website

Table of Contents:

About the Authors
Preface
Supplements
Acknowledgments

Part I: Introduction

• The Investment Environment
• Asset Classes and Financial Instruments
• How Securities are Traded
• Mutual Funds and Other Investment Companies

Part II: Portfolio Theory and Practice

• Risk, Return and the Historical Record
• Capital Allocation to Risky Assets
• Optimal Risky Portfolios
• Index Models

Part III: Equilibrium in Capital Markets

• The Capital Asset Pricing Model
• Arbitrage Pricing Theory and Multifactor Models of Risk and Return
• The Efficient Market Hypothesis
• Behavioral Finance and Technical Analysis
• Empirical Evidence on Security Returns

Part IV: Fixed-Income Securities

• Bond Prices and Yields
• The Term Structure of Interest Rates
• Managing Bond Portfolios

Part V: Security Analysis

• Macroeconomic and Industry Analysis
• Equity Valuation Models
• Financial Statement Analysis

Part VI: Options, Futures and Other Derivatives

• Options Markets: Introduction
• Option Valuation
• Futures Markets
• Futures, Swaps and Risk Management

Part VII: Applied Portfolio Management

• Portfolio Performance Evaluation
• International Diversification
• Hedge Funds
• The Theory of Active Portfolio Management
• Investment Policy and the Framework of the CFA Institute

Appendix: References to CFA Problems
Glossary
Name Index
Subject Index