This book, specifically designed for postgraduate students of manage-ment, finance and commerce for the course in Investment Management or Security Analysis and Portfolio Management, provides a thorough understanding of the concepts and methodologies of investment management. It begins with a sound theoretical introduction to the basic concepts of savings, investments, risk and return, portfolio and financial markets. The text then systematically explains the wide gamut of investment alternatives available to an investor and elucidates the investment markets and processes as prevalent in India. What distinguishes the text is that it emphasizes the practical aspects of the subject. In so doing, the book provides extensive coverage of the tools and techniques of technical analysis. Realizing the fact that investment is becoming more of a systematized and structured activity, the book presents a meticulous treatment of security analysis. This is closely followed by an exclusive chapter on portfolio management which encompasses all the aspects of the selection, maintenance, evaluation and revision of portfolios. The book concludes with an overview of the regulatory environment of investments. Key Features Explains the concepts and processes in the Indian context, thus enabling the students to know the markets and investment procedures in India. Focuses on the practical aspects to help students start investing even while they are doing the course. Provides end-of-chapter questions to drill the students in self-study. Besides postgraduate students of management and commerce, senior undergraduate students of these courses as well as practising managers should find the book extremely useful.
A new text from an experienced author. Hirschey adopts a new and unique approach to investments where both theory and practice are studied as a useful guide to a "random walk down Wall Street" to show how real-world behavior reflects the theory.
Introduce your students to today's most important investment topics from a strong individual financial planner's perspective with Mayo's INVESTMENTS: AN INTRODUCTION, 10E. This edition provides an inviting, comprehensive approach to investments -- from the fundamentals students need to master for success on the CFP exam to more advanced topics. edition an ideal, understandable choice for business students as well as finance majors. Concepts build upon one another in this edition's updated Financial Advisor's Investment Case at the end of each chapter -- providing a strong overview of today's most pertinent investment opportunities and challenges. Throughout each chapter, this edition clearly emphasizes how students can apply what they're learning to make solid, real investment decisions. Students can even gain hands-on experience with the same financial analysis tool used on Wall Street with this edition's access to Thomson ONE-Business School Edition and corresponding problems in the text. This book's comprehensive support package includes the CengageNOW for Finance online course management system to save you time while reinforcing today's most important investment topics. Help your students fully understand today's most important investment topics from the individual financial planner's perspective with the rich array of teaching and learning resources found on this edition's interactive companion Website. You can easily download the instructor resources you need as you need them from the password-protected, instructor-only portion of the site. Your students can download Investment Analysis for Windows software or reinforce their understanding of key concepts with online tutorials, quizzes, and interactive games. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
This book presents a range of investment appraisal methods and models to help readers make good investment decisions. Each approach is thoroughly described, evaluated, and illustrated using examples, with its assumptions and limitations analyzed in terms of their implications for investment decision-making practice. Getting investment decisions right is crucial but due to a complex and dynamic business environment this remains a challenging management task.
This introduction to investments covers topics such as the investment environment, return and risk, equilibrium prices, efficient markets and portfolio performance, security analysis, and options, futures and financial engineering.
The subject matter for this edition of Investments has evolved considerably since 1978 when the first edition was published. For example, in the last several years international investing has expanded rapidly, securities such as swaps and mortgage derivatives have become increasingly popular, and investors have placed much more emphasis on investment styles. The task of the authors has been to keep Investments fresh and stimulating and to continue the tradition of this text to offer students and instructors the most thorough and most current survey of the investment environment.
In the 1990s, the issue of human resource development in Malaysia has gained prominence in public and private policy circles. Discussions center around training policy, where there are concerns about acute labor shortages, and around industrial development policy, which strives to maintain a skilled and well-trained workforce to increase competitiveness and attract foreign direct investment. But policymakers have been forced to make critical decisions on resource allocation and to design policies without access to comprehensive training data, especially from the private sector. This usually results in supply-oriented policies stemming from mismatches between skills supplied by public training institutions and those actually needed by industry. This report attempts to fill this information gap on private sector training as an aid in formulating training policies that are more demand-driven. The report contains rigorous analysis of private sector-led training and addresses the issue of whether firms in Malaysia underinvest in training. Data came from the Malaysia Economic Planning Units 1994-95 survey and analysis of 2,200 manufacturing firms. The survey elicited information on firm-sponsored training and on a wide range of firm attributes, including size, industry, local or foreign ownership, equipment technology, quality control systems, markets and exports, workforce characteristics, wages and other compensation, and production. The data document, for the first time, the incidence and characteristics of training in Malaysian industry, across firms of different sizes, ownership, and output profiles. The data create an unprecedented opportunity to study the critical links between training, new technology, and quality control. A joint publication of the World Bank, the United Nations Development Programme, and the Malaysia Economic Planning Unit.
This volume offers both general and specific information on the legal framework regulating foreign investments in Bulgaria. Its author, a Bulgarian lawyer specialising in the area of private international law, addresses a wide range of issues relating to this topic, including questions such as: Are Bulgarian laws favourable to foreign investments? How do joint ventures operate there? How does one open and operate a bank account in Bulgaria? Are investments protected by law? What licence regime exists? What incentives and what barriers exist in Bulgaria for foreign investors? This unique volume will prove invaluable to all those seeking clarification on this complex and timely topic - including foreign businessmen, government officials, academics and students.
The use of trusts, both revocable and irrevocable, is growing, and it is increasingly important for the trustee to prudently invest the trust's assets. The Madoff scandal and legislative developments have highlighted the importance of that duty. Written with the individual trustee in mind - lawyers, individuals acting as trustees, financial planners, and accountants - this book examines the law of diversification, investment directions, determining breach and damages, and provides guidelines for drafting an investment plan.
Drawing on numerous Japanese and non-Japanese primary and secondary sources, this highly informative book analyzes all aspects (both domestic and international) of foreign direct investment made by Japan's multinational corporations in Asia, the European Union, and the U.S. It covers the critical period from 1970 -- the point at which Japan's economy reached a level of global importance -- through 1998 -- the nadir of Japan's economic woes. The book offers numerous perspectives to explain the changing characteristics of Japan's FDI practices over the period. The text is well supported by some 50 figures and data tables compiled from both Japanese government ministries and multinational corporations.