Describes the process of investment management, focusing on fixed-income portfolio management of funds of institutional investors. Contains sections on background, portfolio theory and asset pricing, institutional investors and their objectives, common stock analysis, fixed income analysis, and asset allocation and performance evaluation. Features chapter summaries, key terms, and questions. This second edition contains new material on equity portfolio management, dividend discount models, and equity style management. Annotation c. by Book News, Inc., Portland, Or.
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.