The Theory and Practice of Investment Management Workbook
The Theory and Practice of Investment Management Workbook is a practical workbook that promotes the understanding of investment management. It includes a full answer key and brief chapter summaries, making the information that readers attain from The Theory and Practice of Investment Management much more valuable. The workbook recognizes and addresses the rapid growth of the investment management industry, and provides innovative insights from some of the most respected experts in the field. It posts questions in the full scope of investment products and strategies available in today's market.
Provides analysis of all pertinent investment products, including alternative assets such as hedge funds and private equity
Thoroughly covers a wide range of investment strategies
Divided into six information-packed sections: I. Foundations of Investment Management, II. Investing in Common Stock, III. Investing in Fixed Income Securities, IV. Investment Companies and Exchange-Traded Funds, V. Investing in Real Estate and Alternative Investments, VI: Asset Allocation.
TABLE OF CONTENTS
About the Editors
Contributing Authors
Foreword
SECTION ONE: Foundations of Investment Management
Chapter 1. Investment Management (Frank J. Fabozzi and Harry M. Markowitz)
Chapter 2. Portfolio Selection (Frank J. Fabozzi, et al.)
Chapter 3. Applying Mean-Variance Analysis (Frank J. Fabozzi, et al.)
Chapter 4. Asset Pricing Models (Frank J. Fabozzi)
Chapter 5. Calculating Investment Returns (Bruce Feibel)
SECTION TWO: Investing in Common Stock
Chapter 6. Common Stock Markets, Trading Arrangements, and Trading Costs (Frank J. Fabozzi, et al.)
Chapter 7. Tracking Error and Common Stock Portfolio Management (Raman Vardharaj, et al.)
Chapter 8. Common Stock Portfolio Management Strategies (Frank J. Fabozzi and James L. Grant)
Chapter 9. Traditional Fundamental Analysis I: Sources of Information (Pamela P. Peterson and Frank J. Fabozzi)
Chapter 10. Traditional Fundamental Analysis II: Financial Ratio Analysis (Pamela P. Peterson and Frank J. Fabozzi)
Chapter 11. Traditional Fundamental Analysis III: Earnings Analysis, Cash Analysis, Dividends, and Dividend Discount Models (Pamela P. Peterson and Frank J. Fabozzi)
Chapter 12. Security Analysis Using Value-Based Metrics (James A. Abate and James L. Grant)
Chapter 13. Multi-Factor Equity Risk Models
Chapter 14. Equity Derivatives I: Features and Valuation (Bruce M. Collins and Frank J. Fabozzi)
Chapter 15. Equity Derivatives II: Portfolio Management Applications (Bruce M. Collins and Frank J. Fabozzi)
SECTION THREE: Investing in Fixed Income Securities
Chapter 16. Fixed-Income Securities (Frank J. Fabozzi)
Chapter 17. Real Estate-Backed Securities (Frank J. Fabozzi)
Chapter 18. General Principles of Bond Valuation (Frank J. Fabozzi and Steven V. Mann)
Chapter 19. Yield Measures and Forward Rates (Frank J. Fabozzi and Steven V. Mann)
Chapter 20. Valuation of Bonds with Embedded Options (Frank J. Fabozzi and Steven V. Mann)
Chapter 21. Measuring Interest Rate Risk (Frank J. Fabozzi and Steven V. Mann)
Chapter 22. Fund-Income Portfolio Strategies (Frank J. Fabozzi)
Chapter 23. Bond Portfolio Analysis Relative to a Benchmark (Lev Dynkin, et al.)
Chapter 24. Multi-Factor Fixed-Income Risk Models and Their Applications (Lev Dynkin and Jay Hyman)
Chapter 25. Fixed-Income Derivatives and Risk Control (Frank J. Fabozzi)
SECTION FOUR: Investment Companies and Exchange Traded Funds
Chapter 26. Investment Companies (Frank J. Jones and Frank J. Fabozzi)
Chapter 27. Exchange-Traded Funds (Gary L. Gastineau)
SECTION FIVE: Investing in Real Estate and Alternative Investments
Chapter 28. Real Estate Investment (Susan Hudson-Wilson)
Chapter 29. Hedge Funds (Mark J. P. Anson)
Chapter 30. Private Equity (Mark J. P. Anson)
SECTION SIX: Asset Allocation
Chapter 31. Active Asset Allocation (Robert D. Arnott)