{"product_id":"portfolio-management-isbn-9781119397410","title":"Portfolio Management","description":"\u003cp\u003e\u003cb\u003eA career’s worth of portfolio management knowledge \u003c\/b\u003e\u003cb\u003ein one thorough, efficient guide\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003ePortfolio Management \u003c\/i\u003eis an authoritative guide for those who wish to manage money professionally. This invaluable resource presents effective portfolio management practices supported by their underlying theory, providing the tools and instruction required to meet investor objectives and deliver superior performance. Highlighting a practitioner’s view of portfolio management, this guide offers real-world perspective on investment processes, portfolio decision making, and the business of managing money for real clients. Real world examples and detailed test cases—supported by sophisticated Excel templates and true client situations—illustrate real investment scenarios and provide insight into the factors separating success from failure. The book is an ideal textbook for courses in advanced investments, portfolio management or applied capital markets finance. It is also a useful tool for practitioners who seek hands-on learning of advanced portfolio techniques.\u003c\/p\u003e \u003cp\u003eManaging other people’s money is a challenging and ever-evolving business. Investment professionals must keep pace with the current market environment to effectively manage their client’s assets while students require a foundation built on the most relevant, up-to-date information and techniques. This invaluable resource allows readers to:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eLearn and apply advanced multi-period portfolio methods to all major asset classes.\u003c\/li\u003e \u003cli\u003eDesign, test, and implement investment processes.\u003c\/li\u003e \u003cli\u003eWin and keep client mandates.\u003c\/li\u003e \u003cli\u003eGrasp the theoretical foundations of major investment tools\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eTeaching and learning aids include:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eEasy-to-use Excel templates with immediately accessible tools.\u003c\/li\u003e \u003cli\u003eAccessible PowerPoint slides, sample exam and quiz questions and sample syllabi\u003c\/li\u003e \u003cli\u003eVideo lectures\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eProliferation of mathematics in economics, growing sophistication of investors, and rising competition in the industry requires advanced training of investment professionals. \u003ci\u003ePortfolio Management\u003c\/i\u003e provides expert guidance to this increasingly complex field, covering the important advancements in theory and intricacies of practice.\u003c\/p\u003e \u003cp\u003eAbout the Authors ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xi\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eChapter 1 Introduction 1\u003c\/p\u003e \u003cp\u003eChapter 2 Client Objectives for Diversified Portfolios 13\u003c\/p\u003e \u003cp\u003eChapter 3 Asset Allocation: The Mean - Variance Framework 59\u003c\/p\u003e \u003cp\u003eChapter 4 Asset Allocation Inputs 117\u003c\/p\u003e \u003cp\u003eChapter 5 Advanced Topics in Asset Allocation 161\u003c\/p\u003e \u003cp\u003eChapter 6 The Investment Management Process 219\u003c\/p\u003e \u003cp\u003eChapter 7 Introduction to Equity Portfolio Investing: The Investor’s View 255\u003c\/p\u003e \u003cp\u003eChapter 8 Equity Portfolio Construction 285\u003c\/p\u003e \u003cp\u003eChapter 9 Fixed-Income Management 323\u003c\/p\u003e \u003cp\u003eChapter 10 Global Investing 385\u003c\/p\u003e \u003cp\u003eChapter 11 Alternative Investment Classes 427\u003c\/p\u003e \u003cp\u003eChapter 12 Portfolio Management Through Time: Taxes and Transaction Costs 467\u003c\/p\u003e \u003cp\u003eChapter 13 Performance Measurement and Attribution 503\u003c\/p\u003e \u003cp\u003eChapter 14 Incentives, Ethics, and Policy 541\u003c\/p\u003e \u003cp\u003eChapter 15 Investor and Client Behavior 569\u003c\/p\u003e \u003cp\u003eChapter 16 Managing Client Relations 593\u003c\/p\u003e \u003cp\u003eSample Cases 617\u003c\/p\u003e \u003cp\u003eJerry W. 619\u003c\/p\u003e \u003cp\u003eMSSI 625\u003c\/p\u003e \u003cp\u003eMcClain Capital 631\u003c\/p\u003e \u003cp\u003eThe Fairbanks Fund 639\u003c\/p\u003e \u003cp\u003eGlossary 645\u003c\/p\u003e \u003cp\u003eReferences 661\u003c\/p\u003e \u003cp\u003eIndex 671\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eSCOTT D. STEWART, P\u003csmall\u003eH\u003c\/small\u003eD, CFA,\u003c\/b\u003eis Clinical Professor of Finance and Accounting and Faculty Co-Director of the Parker Center for Investment Research at the SC Johnson College of Business, Cornell University.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eCHRISTOPHER D. PIROS, P\u003csmall\u003eH\u003c\/small\u003eD, CFA,\u003c\/b\u003e was Managing Director of Investment Strategy and Chairman of the Investment Policy Committees for Hawthorn, PNC Family Wealth\u003csup\u003e®\u003c\/sup\u003e and PNC Institutional Asset Management.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eJEFFREY C. HEISLER, P\u003csmall\u003eH\u003c\/small\u003eD, CFA,\u003c\/b\u003e is Managing Director of the Investment Research Group for TwinFocus Capital Partners.    \u003c\/p\u003e\u003cp\u003e\u003cb\u003eEFFECTIVE PORTFOLIO MANAGEMENT ESSENTIALS FOR ANYONE WHO WANTS TO \"RUN\" MONEY PROFESSIONALLY\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eWritten in accessible terms, \u003ci\u003ePortfolio Management: Theory and Practice\u003c\/i\u003e contains the information that a serious portfolio manager would learn over a 20-year career. Well-grounded in academic rigor and reflecting real business practice, the book offers an authoritative guide for those who wish to manage money professionally. \u003c\/p\u003e\u003cp\u003eThe expert authors explore the theory and practices of effective portfolio management and provide the tools and strategies needed to deliver excellent performance. Filled with real-world examples and test cases, the book provides keen insight into the key factors that separate success from failure. The step-by-step instructions and online Excel templates provide hands-on experience building portfolio management tools. \u003c\/p\u003e\u003cp\u003e\u003ci\u003ePortfolio Management\u003c\/i\u003e offers a clear understanding of advanced investments, portfolio management and applied capital markets finance. It also provides a useful tool for practitioners who seek information on recent advances to the theory and intricacies of the practice.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989817147621,"sku":"NP9781119397410","price":101.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119397410.jpg?v=1761785566","url":"https:\/\/k12savings.com\/es\/products\/portfolio-management-isbn-9781119397410","provider":"K12savings","version":"1.0","type":"link"}