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Overview
Used extensively by professionals, organizations and schools across the country, Reilly/Brown/Leeds' INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT, CENGAGE INTERNATIONAL EDITION, 12th Edition, combines solid theory with practical applications to help students learn how to manage their money to maximize earning potential. Streamlined into a succinct 18 chapters, the text has been thoroughly revised to present content that is vital to a thorough understanding of investment management in the most effective way. It uses real-world illustrations and hands-on exercises to bring investment concepts to life for students. The 12th edition continues its tradition of unparalleled international coverage. It also offers expanded discussions of the impact of changes in both technology, regulations and ESG mandates on the functioning and organization of global security markets and devotes three chapters to derivatives securities.
- The text provides a balanced, conceptual and practical presentation. Starting with establishing a solid conceptual foundation that includes both classic and state-of-the-art theoretical contributions in portfolio management, security valuation and analysis and asset allocation, the text illustrates these principles with a multitude of practical examples and hands-on exercises that allow students to appreciate how theory is actually put into practice when it comes to forming and managing investment portfolios.
- The text contains revised examples and concepts and well as new coverage of such topics as the role that cryptocurrencies can play in the asset allocation process, the transition from LIBOR to SOFR in floating-rate securities and derivative agreements and how ESG principles are integrated into security selection decisions. Our discussion of capital market efficiency and behavioral finance topics has also been thoroughly revised and streamlined in a way that makes this material far more accessible to the reader.
- Ethics Emphasis: Insightful discussions of codes of ethics highlight the importance -- and sometimes lack -- of ethics in today's financial markets, prompting students to examine and shore up their personal principles and values and make the important decisions well before they actually have to face them.
- Concise Presentation: More streamlined than ever, the 12th edition delivers comprehensive yet succinct coverage, providing just the right amount of detail to ensure solid student understanding while providing the flexibility to cover more ground in the span of the course.
- Global Perspective: The text continues to lead the market with the most comprehensive coverage of international issues available.
- Expanded Coverage: Important new concepts in the investment management landscape are discussed, including the role that cryptocurrencies may play in the asset allocation process as well as how environmental, social and governance (ESG) mandates are incorporated into investment portfolio decision-making.
2. Asset Allocation and Security Selection.
3. Organization and Functioning of Securities Markets.
4. Security Market Indexes and Index Funds.
5. Efficient Capital Markets, Behavioral Finance and Technical Analysis.
6. Introduction to Portfolio Management.
7. Asset Pricing Models.
8. Equity Valuation.
9. The Top-Down Approach to Market, Industry, and Company Analysis.
10. The Practice of Fundamental Investing.
11. Equity Portfolio Management Strategies.
12. Bond Fundamentals and Valuation.
13. Bond Analysis and Portfolio Management Strategies.
14. An Introduction to Derivative Markets and Securities.
15. Forward, Futures, and Swap Contracts.
16. Option Contracts.
17. Professional Portfolio Management, Alternative Assets, and Industry Ethics.
18. Evaluation of Portfolio Performance.
Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.
FOR STUDENTS
International MindTap Instant Access for Reilly/Brown/Leeds’ Investment Analysis and Portfolio Management
ISBN: 9780357988282
International MindTap Instant Access for Reilly/Brown/Leeds' Investment Analysis and Portfolio Management, 12th Edition, is the online learning platform that powers students from memorization to mastery. It gives you complete control of your course to provide engaging content, challenge every individual and build their confidence. Empower students to accelerate their progress with MindTap. MindTap: Powered by You.
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