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

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

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. 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.

Genres: Economics, Finance

704 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.