Investment Management (2nd Edition) Hardcover - 1998 - 2nd Edition

From the publisher

Skillfully tying together theory and practice, this text deals with the management of funds of institutional investors (depository institutions, insurance companies, investment companies, pension funds, and endowment funds and foundations). Building a solid understanding of the investment objectives and policies of these investors, it offers detailed coverage on fixed-income analysis and strategies, discusses the use of derivative instruments, and now contains a much broader coverage of common stock analysis and portfolio management.* NEW - Significantly revises Section IV: Common Stock Analysis and Portfolio Management, with many new chapters that individually focus on: * Equity portfolio management (Ch.11). * Fundamental analysis (Ch.12). * Dividend discount models (Ch.15). * The various styles of equity management pursued by portfolio managers (Ch.16). * The different types of factor models employed by practitioners and how they are used to construct and control the risk of an equity portfolio (Ch.17). * The different types of equity trading costs, the measurement of those costs, and their significance in portfolio management (Ch.18). *Significantly revises Section IV: Common St