Financial analysts must have a broad understanding of the financial markets from structure, organization, and efficiency to portfolio management, risk and return, and planning and construction. Additionally, they must also have a strong sense of how to evaluate industries and companies before engaging in specific stock analysis. In a world of specialization, no other profession likely requires such broad yet in-depth knowledge by all financial analysts. Investments: Analysis and Portfolio Management provides the broad based knowledge that professionals and students of the markets need to manage money to maximize return. The book covers market structure and functions, investment assets and asset classes, financial intermediaries, types of positions and orders, primary and secondary market basics, regulation, the theory of efficient markets including fundamental and technical analysis, market anomalies, behavioral finance, equity and fixed income index construction and management, portfolio diversification and management, return and risk characteristics, risk pricing, capital asset pricing model theory and construction, portfolio planning, investing in international securities, industry and company analysis, forecasting methodologies, and the basics of technical analysis and major technical indicators.
