The Theory and Practice of Investment Management: Asset Allocation, Valuation, Portfolio Construction, and Strategies, Second Edition

Content: Chapter 1 Overview of Investment Management (pages 1–14): Frank J. Fabozzi and Harry M. Markowitz Chapter 2 Asset Classes, Alternative Investments, Investment Companies, and Exchange?Traded Funds (pages 15–44): Mark J. P. Anson, Frank J. Fabozzi and Frank J. Jones Chapter 3 Portfolio Selection (pages 45–78): Frank J. Fabozzi, Harry M. Markowitz, Petter N. Kolm and Francis Gupta Chapter 4 Capital Asset Pricing Models (pages 79–101): Frank J. Fabozzi and Harry M. Markowitz Chapter 5 Factor Models (pages 103–124): Guofu Zhou and Frank J. Fabozzi Chapter 6 Modeling Asset Price Dynamics (pages 125–158): Dessislava A. Pachamanova and Frank J. Fabozzi Chapter 7 Asset Allocation and Portfolio Construction (pages 159–203): Noel Amenc, Felix Goltz, Lionel Martellini and Vincent Milhau Chapter 8 Fundamentals of Common Stock (pages 205–227): Frank J. Fabozzi, Frank J. Jones, Robert R. Johnson and Pamela P. Drake Chapter 9 Common Stock Portfolio Management Strategies (pages 229–270): Frank J. Fabozzi, James L. Grant and Raman Vardharaj Chapter 10 Approaches to Common Stock Valuation (pages 271–286): Pamela P. Drake, Frank J. Fabozzi and Glen A. Larsen Chapter 11 Quantitative Equity Portfolio Management (pages 287–306): Andrew Alford, Robert Jones and Terence Lim Chapter 12 Long?Short Equity Portfolios (pages 307–326): Bruce I. Jacobs and Kenneth N. Levy Chapter 13 Multifactor Equity Risk Models (pages 327–343): Frank J. Fabozzi, Raman Vardharaj and Frank J. Jones Chapter 14 Fundamentals of Equity Derivatives (pages 345–382): Bruce M. Collins and Frank J. Fabozzi Chapter 15 Using Equity Derivatives in Portfolio Management (pages 383–414): Bruce M. Collins and Frank J. Fabozzi Chapter 16 Bonds, Asset?Backed Securities, and Mortgage?Backed Securities (pages 417–456): Frank J. Fabozzi Chapter 17 Bond Analytics: Basic Valuation, Yield Measures, and Interest Rate Risk Measures (pages 457–488): Frank J. Fabozzi Chapter 18 Bond Analytics: Spot Rates, Forward Rates, Yield Spreads, and Valuation (pages 489–534): Frank J. Fabozzi and Steven V. Mann Chapter 19 Bond Portfolio Strategies for Outperforming a Benchmark (pages 535–555): Bulent Baygun and Robert Tzucker Chapter 20 The Art of Fixed Income Portfolio Investing (pages 557–584): Chris P. Dialynas and Ellen J. Rachlin Chapter 21 Multifactor Fixed Income Risk Models and Their Applications (pages 585–622): Anthony Lazanas, Antonio Baldaque da Silva, Radu Gabudean and Arne D. Staal Chapter 22 Interest Rate Derivatives and Risk Control (pages 623–645): Frank J. Fabozzi Chapter 23 Credit Default Swaps and the Indexes (pages 647–659): Stephen J. Antczak, Douglas J. Lucas and Frank J. Fabozzi

In the challenging post–financial crisis environment, investment managers require an understanding of a multitude of different issues, from how investment objectives are determined to the best way to construct a portfolio given an investment strategy. The Second Edition of The Theory and Practice of Investment Management recognizes these needs and addresses them with innovative insights from some of the most respected experts in the field of investment management.

Led by financial experts Frank Fabozzi and Harry Markowitz, the contributors to this book—successful practitioners with hands-on expertise—combine real-world financial knowledge with investment management theory to provide you with the practical guidance needed to succeed within today's investment management arena.

Divided into three comprehensive parts—(I) Instruments, Asset Allocation, Portfolio Selection, and Asset Pricing; (II) Equity Analysis and Portfolio Management; (III) Bond Analysis and Portfolio Management—this comprehensive investment management resource offers valuable insights and analysis of all pertinent investment products while exploring a wide range of investment strategies.

Engaging and informative, the Second Edition of The Theory and Practice of Investment Management skillfully covers some of the most important aspects of this discipline along with the investment vehicles associated with it. Essential reading for practitioners and students alike, this valuable guide—which contains key points and challenging questions in each chapter—will help you use proven investment management techniques to protect and grow a portfolio within today's dynamic financial environment.

"An updated guide to the theory and practice of investment management Many books focus on the theory of investment management and leave the details of the implementation of the theory up to you. This book illustrates how theory is applied in practice while stressing the importance of the portfolio construction process. The Second Edition of The Theory and Practice of Investment Management is the ultimate guide to understanding the various aspects of investment management and investment vehicles. Tying together theoretical advances in investment management with actual practical applications, this book gives you a unique opportunity to use proven investment management techniques to protect and grow a portfolio under many different circumstances. Contains new material on the latest tools and strategies for both equity and fixed income portfolio management Includes key take-aways as well as study questions at the conclusion of each chapter A timely updated guide to an important topic in today's investment world This comprehensive investment management resource combines real-world financial knowledge with investment management theory to provide you with the practical guidance needed to succeed within the investment management arena."--Provided by publisher.