The Theory and Practice of Investment Management

by Frank J. Fabozzi (Editor), Harry M. Markowitz (Editor)

Expert advice that applies the theory and practice of investment management to today's financial environment The changing nature and rapid growth of the investment management industry, along with new theoretical developments in the field of finance, have led to a need for higher quality investment management practices and better qualified professionals. The Theory and Practice of Investment Management recognizes these needs and addresses them with sharp, innovative insights from some of the most respected experts in the field of investment management. The Theory and Practice of Investment Management discusses and describes the full scope of investment products and strategies available in today's market. Led by financial experts Frank Fabozzi and Harry Markowitz, the contributors to this book are active, successful practitioners with hands-on expertise. By combining real-world financial knowledge with investment management theory, this book provides a complete analysis of all pertinent investment products-including hedge funds and private equity-and explores a wide range of investment strategies. Tying together theoretical advances in investment management with actual applications, this book gives readers an opportunity to use proven investment management techniques to protect and grow a portfolio under many different circumstances.

Genres: Economics, Finance

912 pages, Hardcover

First published August 16, 2002

About the author

Frank J. Fabozzi is a Professor in the Practice of Finance and Becton Fellow in the Yale School of Management. He is well known as the author of numerous books on finance, both practitioner-focused and academic. Professor Frank J. Fabozzi will be joining Edhec Risk Institute on August 1, 2011. EDHEC-Risk Institute is part of EDHEC Business School, one of Europe’s leading business schools.

Reviews

[Max Lybbert · Rating 4 out of 5]

Covers a lot of ground. There is some overlap with [book:Modern Investment Management: An Equilibrium Approach|313403, although this book has much more information on bonds and asset-backed securities (including mortgage-backed securities) while Modern Investment Management has more information on taxes and estate planning.

Covers factor models in some depth, equity and fixed income investing, the nuts and bolts of running a mutual fund versus an ETF or hedge fund. Includes some fixed income investing strategies. Significant coverage of derivatives, options, convertibles, forwards, etc.