Investment analysis and portfolio management

Investment Analysis and Portfolio Management seeks to capture the essence of modern developments in investments. It is an introductory book aimed primarily at two audiences:

• MBA students taking a course on Investments (popularly called Security Analysis and Portfolio Management or SAPM in most Indian universities).

• Investment practitioners like equity researchers, portfolio managers, investment counsellors, and corporate treasurers

The book provides a guided tour of the so-called 'complex' worlds of investments and seeks to improve your skills in managing investments. The book:

• Describes the characteristics of various investment alternatives available to investors.

• Discusses how the securities market functions.

• Explains the techniques used by professionals for analysing and valuing investment alternatives.

• Explores the implications of modern research in the field of investments.

• Explains how financial derivatives, viz. options and futures, are valued.

• Presents a framework for portfolio management.

• Provides insights into the strategies followed by investment wizards of the world.

• Sensitises the reader to the pitfalls in the investment game.

• Offers a set of guidelines for investors with varying inclinations.