Investment Analysis and Portfolio Management 11th Edition

Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds · Publisher: Cengage Learning · Language: English
ISBNs: ISBN-10: 1305262999 · ISBN-13: 978-1305262997

Overview

Investment Analysis and Portfolio Management, 11th Edition provides an in-depth exploration of the principles and practices of investment management. Authored by Frank K. Reilly, Keith C. Brown, and Sanford J. Leeds, this edition integrates both theory and real-world application to help readers understand how financial markets operate, how investment opportunities are evaluated, and how portfolios are constructed and managed effectively.

What You’ll Learn

• Core concepts of investment theory and portfolio management

• Efficient market hypothesis, behavioral finance, and risk-return analysis

• Asset allocation strategies and portfolio optimization

• Equity, fixed-income, and derivative securities evaluation

• Performance measurement and portfolio revision techniques

• Global investment opportunities and portfolio diversification

Why This Book Matters

This 11th edition equips readers with the analytical tools and frameworks needed to make informed investment decisions in today’s dynamic financial environment. By combining rigorous academic research with practical investment strategies, it bridges the gap between classroom theory and professional application.

Who Should Read This Book

• Finance and investment students at the undergraduate or graduate level

• Investment professionals, analysts, and portfolio managers

• Individuals preparing for certifications such as CFA or CFP

• Educators teaching courses on investments, financial markets, or asset management

Key Topics Covered

• Financial markets and instruments

• Risk and return measurement

• Portfolio construction and diversification

• Equity and bond valuation models

• Derivatives and alternative investments

• Performance evaluation and active vs. passive management

Conclusion

Investment Analysis and Portfolio Management, 11th Edition offers a comprehensive and practical understanding of modern investment strategies. With its balance of theoretical foundations and applied techniques, it serves as an essential resource for students, educators, and professionals seeking to master the art and science of portfolio management.