Managing Investment Portfolios: A Dynamic Process

As part of the CFA Institute Investment Series, the Third Edition of Managing Investment Portfolios has been designed for a wide range of individuals, from graduate-level students focused on finance to practicing investment professionals. This book, valuable for self-study as well as for general reference, provides complete coverage of the most important issues surrounding modern portfolio management. In this latest edition, financial experts John Maginn, Donald Tuttle, Jerald Pinto, and Dennis McLeavey--along with a number of experienced contributors--fully update information associated with this important discipline by examining everything from asset allocation strategies to risk management frameworks. Blending theory with practice, they skillfully outline the entire flow of the portfolio management process--from formulating an investment policy statement to portfolio construction, trade execution, and monitoring and rebalancing a portfolio. Throughout the text, special attention is paid to ensuring the evenness of subject matter, consistency of mathematical notation, and continuity of topic coverage that is so critical to the learning process. Other elements that are discussed in detail include: Managing individual and institutional investor portfolios Capital market expectations Fixed income and equity portfolio management Evaluating portfolio performance Alternative investment portfolio management Global investment performance standards And to further enhance your understanding of the tools and techniques explored here, don't forget to pick up Managing Investment Portfolios Workbook, Third Edition--a comprehensive companion study guide containing Learning Outcomes and Summary Overview sections along with challenging practice questions and solutions. With each contributor bringing his own unique experiences and perspectives to the portfolio management process, Managing Investment Portfolios, Third Edition distills the knowledge, skills, and abilities you need to succeed in today's fast-paced financial world.…