Publisher's Synopsis
This fourth edition takes an applied approach with coverage of efficient, practical, and strategic asset allocation. It continues to focus on asset allocation with software support by considering the very relevant decisions that investors must make, such as "How should assets be allocated?", "How should assets be managed?" and "Who should manage them?". Auitable for upper-level investments courses and courses on security analysis and portfolio management, the text moves from descriptive characteristics of individual markets and instruments, to their technical analysis, and overall portfolio strategies, and techniques of portfolio risk management.
