Investment Management

The security markets are in the process of an ongoing revolution, as evidenced by the internationalisation of trading, introduction of a variety of instruments, and from improved communication abilities. INVESTMENT MANAGEMENT: SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT describes techniques, vehicles, and strategies for planning, implementing, and overseeing the optimal allocation of the funds of an investor(s) and/or an institution(s) in the changing investment environment.

The main features of the book are as follows:

1. The exercises and case studies are designed to help readers understand the practical application of the concepts. All the financial calculations are broken down in a step-by-step process designed to help those who prefer to see numbers rather than formulae.

1. THE INVESTMENT ENVIRONMENT

a. Investment: Objectives and Risks
b. The Stock Markets in India
c. New Issue Market
d. Listing of Securities
e. The Brokerage Business
f. Investment Companies
g. Market Indexes
h. Security Credit Ratings
i. Capital Market Reforms

2. ALTERNATIVE INVESTMENT OUTLETS FOR FUNDS

a. Bond Valuation and Analysis
b. Preference Share Valuation and Analysis
c. Equity Shares
d. Equity Valuation And Analysis
e. Private Equity And Venture Capital
f. Government Securities
g. Sovereign Wealth Funds
h. Non-Security Forms of Investment
i. Real Estate Investments
j. Money Market

3. SECURITY ANALYSIS

a. Fundamental Security Analysis
b. Technical Analysis
c. Efficient Market Theory

4. PORTFOLIO ANALYSIS AND MANAGEMENT

a. Portfolio Analysis: Risk and Return
b. Portfolio Investment Process
c. Portfolio Choice: Utility Theory and Indifference Curves
d. Markowitz: Portfolio Selection Model
e. Sharpe: The Single Index Model
f. Capital Market Theory and The Capital Asset Pricing Model