Investment management 6/e

Marx, J


The goal of investment management is to achieve the investorâ��s required rate of return by putting assets to their most productive use. The return should compensate the investor for the time during which the funds are committed; the expected rate of inflation and the uncertainty of the anticipated future financial benefits from the investment. Investment management is a concise yet comprehensive introduction to investment analysis and portfolio management; specifically in the South African context. Investment management provides a broad framework and a thorough network of guidelines for the investment management student. It focuses on investment in financial assets such as shares and bonds; and explains both fundamental and technical analysis. It investigates portfolio management and how derivative instruments such as futures; options and swaps may be used for this purpose. A chapter is devoted to the foreign exchange market and its management; and a chapter dealing with the governance of investment management is included. By means of self-assessment questions at the end of each chapter; it prepares undergraduates for postgraduate study and is written with the Chartered Financial Analyst (CFA�®) Level I learning outcomes in mind.

R 526.50
6.97 mb
Van Schaik Publishers
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