Investments: Analysis and Management

Authors
Charles P. Jones, North Carolina State University
Abul Shamsuddin, The University of Newcastle
Kymberlee Naumann, Consultant

The new edition of Investments: Analysis and Management has beenupdated to reflect the current Australian investment market.Written for the first course in investments and portfoliomanagement, at both undergraduate and postgraduate level, the textaims to build understanding of the investment environment, toenable students to recognise investment opportunities and manage aninvestment portfolio. Wherever possible, references to Australasiancompanies, regulatory guidelines and professional practices havebeen included to help students apply the financial models presentedand engage with the subject.

Features

• Over 50% of the \'Professional Application Problems\' are new,many supported with Excel spreadsheets available from the companionwebsite.
• Thoroughly adapted to align with the Australian financialregulatory environment.
• Financial data such as stock indexes, S&P/ASX data and RBAstatistical tables are current and presented throughout the editionwhere relevant.
• Updated content on the dividend discount model andillustrations on the calculation of value under the dividendimputation system.
• Balanced coverage of individual and institutionalinvestment.
• Investing Tip profiles sound investing tips andconsiderations.
• Industry Experience highlights real-world investing situations,experiences and decisions.
• Clear explanation of the Capital Asset Pricing Model supportedby various examples.
• Modern investment theory is covered in chapters 17 and 18 atwhich point students have a clearer understanding of the underlyingconcepts that inform the theory.
• Provides detailed coverage of security analysis by integratingtheory with professional practice.
• Presents historical performances of managed funds andbenchmarking indices such as All Ordinaries, S&P500 andNZSE40.
• Appendix of relevant websites to support student learning andresearch activities.
• Numerous worked examples throughout the chapters.