Investment Management
Through the collaboration of Peter Bernstein and Aswath Damodaran, they have provided a powerful package of systematic principles and cutting-edge applications for intelligent and profitable-investing in modern finance. It covers a wide range of financial topics: from explaining how to measure risk to how to measure performance, from understanding derivatives to minimizing taxes, and from providing the essentials of portfolio strategy to the basic principles of asset allocation. Investment Management is a comprehensive and accessible introduction to investing with very lucid illustrations on some of the most important concepts used in modern finance.
Table of contents
The Investment Setting
UNDERSTANDING THE CLIENT
- Risk and Utility: Basics
- Models of Risk
- Alternative Measures of Risk
- Tax Considerations in Investing
THE ASSET ALLOCATION DECISION
- Global Management and Asset Allocation
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Active Asset Allocation
THE ASSET SELECTION DECISION
- Asset Selection: Strategies and Evidence
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Investment Strategy
- Trading Costs
- The Hidden Costs of Trading
- Managing Portfolio Risk
PERFORMANCE EVALUATION
- Evaluating Investment Performance
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Taxes and Performance Evaluation
CORPORATE GOVERNANCE AND INVESTMENT MANAGEMENT
- U.S.
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Corporate Governance: Lessons from the 1980s
Chapter Notes
Glossary
Index