Fundamentals of Investments

Angebote / Angebote:

Fundamentals of Investments is a concise, well thought-out and well written introduction to investments. It is devoted to understanding the complex capital market and the financial instruments that exist in the market. Recent years have witnessed a revolution in the field of finance and investment in the capital market, with the market becoming truly global. This book has been organized and written around the new developments and challenges facing the capital market, and addresses a very difficult subject in a logical manner.Part I of Fundamentals of Investments is devoted to the market environment and to a description of the various securities and how they are traded. Part II covers risk and return in the capital market with an emphasis on the gain or risk reduction due to diversification. Part III is devoted to bonds and stocks with an emphasis on valuation and management of these assets. Part IV covers derivatives, focusing on forwards, futures, and options. In Part V the analysis of risk-reduction due to diversification is expanded upon. Part VI is devoted to market efficiency, mutual funds performance and technical analysis, which explicitly assume that the market is inefficient. Features:Clear Learning Objectives are given for each chapter 'Investment in the News' brings each chapter to life by featuring a recent topical news article or other information to lead into the main topic discussed in the chapter Articles and discussions from sources such as the Wall Street Journal, Barron's,  and Financial Times, are included throughout the book to emphasise the relevance to real-world events Each chapter concludes with a Summary of main topics covered and highlights Key TermsQuestions and answers are provided to allow students to test what they have learnt More detailed problem questions are also included, enabling class discussionSelected references are given for further readingAppendices provide the basic mathematics and formulae needed to understand the book and so allow students with no prior knowledge of finance to use this self-contained book Avoids complex mathematics, making it extremely suitable for those who struggle with quantitative aspects.Fundamentals of Investments is suitable for use by second and third-year undergraduate students taking introductory courses in investments as a part of accounting, finance, economics and business studies degrees. It is also suitable for postgraduate students on MBA and other programmes covering investments. Professor Haim Levy, MA, PhD, is Myles Robinson Professor of Business Administration at The Hebrew University of Jerusalem in The Jerusalem School of Business Administration and Visiting Professor at Baruch College, Zicklin School of Business, New York.