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Finance 1: Portfolio Theory and Management

Finance 1: Portfolio Theory and Management

Paperback

Investing & Finance

ISBN10: 3741263567
ISBN13: 9783741263569
Publisher: Bod - Books on Demand
Published: Sep 28 2016
Pages: 352
Weight: 1.39
Height: 0.73 Width: 7.44 Depth: 9.69
Language: English
The book gives an introduction to portfolio theory and management and shall help the reader to better set up a long-term strategic asset allocation. After an introduction into financial markets, their instruments and players, the Markowitz portfolio theory is derived. Limitations and alternatives to Markowitz are discussed. Factor models, the capital asset pricing model and the arbitrage pricing theory, as well as the theory of efficient markets are considered, before we turn to the valuation of securities. The final section deals with the steps of asset allocation, performance measurement and international portfolios.

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Investing & Finance