内容简介
Financialanalystsmusthaveabroadunderstandingofthefinancialmarketsfromstructure,organization,andefficiencytoportfoliomanagement,riskandreturn,andplanningandconstruction.Additionally,theymustalsohaveastrongsenseofhowtoevaluateindustriesandcompaniesbeforeengaginginspecificstockanalysis.Inaworldofspecialization,nootherprofessionlikelyrequiressuchbroadyetin-depthknowledgebyallfinancialanalysts.Investments:AnalysisandPortfolioManagementprovidesthebroadbasedknowledgethatprofessionalsandstudentsofthemarketsneedtomanagemoneytomaximizereturn.Thebookcoversmarketstructureandfunctions,investmentassetsandassetclasses,financialintermediaries,typesofpositionsandorders,primaryandsecondarymarketbasics,regulation,thetheoryofefficientmarketsincludingfundamentalandtechnicalanalysis,marketanomalies,behavioralfinance,equityandfixedincomeindexconstructionandmanagement,portfoliodiversificationandmanagement,returnandriskcharacteristics,riskpricing,capitalassetpricingmodeltheoryandconstruction,portfolioplanning,investingininternationalsecurities,industryandcompanyanalysis,forecastingmethodologies,andthebasicsoftechnicalanalysisandmajortechnicalindicators.
作者简介
MICHAELG.MCMILLAN,CFAisDirector,EthicsandProfessionalStandardsintheEducationDivisionofCFAInstitute.Dr.McMillanjoinedCFAInstitutein2008aftermorethanadecadeasaprofessorofaccountingandfinanceatJohnsHopkinsUniversity'sCareyBusinessSchoolandTheGeorgeWashingtonUniversity'sSchoolofBusiness.HehasadoctorateinaccountingandfinancefromTheGeorgeWashingtonUniversity,anMBAfromStanfordUniversity,andaBAfromtheUniversityofPennsylvania.Dr.McMillanisamemberoftheCFASocietyofWashington,DCandtheEastAfricanSocietyofInvestmentProfessionals.JERALDE.PINTO,CFAisDirector,CurriculumProjects,intheEducationDivisionofCFAInstitute.BeforecomingtoCFAInstitutein2002,heconsultedtocorporations,foundations,andpartnershipsininvestmentplanning,portfolioanalysis,andquantitativeanalysis.HehasalsoworkedintheinvestmentandbankingindustriesinNewYorkCityandtaughtfinanceatNewYorkUniversity'sSternSchoolofBusiness.HeholdsanMBAfromBaruchCollege,aPhDinfinancefromtheSternSchool,andearnedhisCFAcharterin1992.WENDYL.PIRIE,CFAisDirector,CurriculumProjects,intheEducationDivisionofCFAInstitute.PriortojoiningCFAInstitutein2008,shetaughtfinance,accounting,statistics,taxation,businesslaw,andmarketingforovertwentyyearsatbothlargeandsmall,publicandprivateuniversities,religiouscolleges,andmilitaryacademies.HerworkhasbeenpublishedinJournalofFinancialResearchandJournalofEconomicsandFinance.SheholdsaPhDfromQueen'sUniversityinKingston,OntarioandMBAsfromtheUniversitiesofTorontoandCalgary.GERHARDVANDEVENTER,CFAisDeputyHeadoftheSchoolofFinanceandEconomicsatUniversityofTechnology,Sydney.Hewaspreviouslydirector,CurriculumProjects,intheEducationDivisionofCFAInstitute.HebeganhiscareerinSouthAfricaasafinancialanalystandlaterasadealerattheBondExchange,wherehetradedfixedincomesecurities.HeholdsaPhDinfinancefromtheUniversityofTechnology,Sydney.HeisamemberofCFAInstituteandtheNewYorkSocietyofSecurityAnalysts.
