An update of a definitive investment text, Modern Portfolio Theory is a comprehensive guide to asset allocation, portfolio optimization, asset pricing models, and securities analysis, with an emphasis on practical, empirical methodology and technique. The 8th edition of Modern Portfolio Theory has been updated with new developments in behavioral finance and choice theory, recent results in asset pricing models, new research on hedge funds and mutual funds, and novel approaches to optimization, including the liability framework and simulation methods for investment decision making and risk analysis.

Hersteller:
Wiley-VCH GmbH
amartine@wiley-vch.de
Boschstr. 12
DE 69469 Weinheim

InhaltsangabeChapter 1. Introduction. Chapter 2. Financial Markets. Chapter 3. Financial Securities. Chapter 4. The Characteristics of the Opportunity Set Under Risk. Chapter 5. Delineating Efficient Portfolios. Chapter 6. Techniques for Calculating the Efficient Frontier. Chapter 7. The Correlation Structure of Security Returns: The Single-Index Model. Chapter 8. The Correlation Structure of Security Returns: Multi-Index Models and Grouping Techniques. Chapter 9. Simple Techniques for Determining the Efficient Frontier. Chapter 10. International Diversification. Chapter 11. Estimating Expected Returns. Chapter 12. How to Select Among the Portfolios in the Opportunity Set. Chapter 13. The Standard Capital Asset Pricing Model. Chapter 14. Alternative Forms of Capital Asset Pricing Models. Chapter 15. Empirical Tests of the CAPM Forms. Chapter 16. The Arbitrage Pricing Model and Its Empirical Relevance. Chapter 17. Efficient Markets. Chapter 18. Behavioral Finance, Investor Decision Making, and Asset Pricing. Chapter 19. Valuation Models. Chapter 20. Earnings Estimation. Chapter 21. Interest Rate Theory and the Pricing of Bonds. Chapter 22. The Management of Bond Portfolios. Chapter 23. Valuation and Uses of Options. Chapter 24. The Valuation and Uses of Financial Futures. Chapter 25. Evaluation of Portfolio Performance. Chapter 26. Evaluation of Security Analysis. Chapter 27. Portfolio Management Revisited.

Chapter 1. Introduction. Chapter 2. Financial Markets. Chapter 3. Financial Securities. Chapter 4. The Characteristics of the Opportunity Set Under Risk. Chapter 5. Delineating Efficient Portfolios. Chapter 6. Techniques for Calculating the Efficient Frontier. Chapter 7. The Correlation Structure of Security Returns: The Single-Index Model. Chapter 8. The Correlation Structure of Security Returns: Multi-Index Models and Grouping Techniques. Chapter 9. Simple Techniques for Determining the Efficient Frontier. Chapter 10. International Diversification. Chapter 11. Estimating Expected Returns. Chapter 12. How to Select Among the Portfolios in the Opportunity Set. Chapter 13. The Standard Capital Asset Pricing Model. Chapter 14. Alternative Forms of Capital Asset Pricing Models. Chapter 15. Empirical Tests of the CAPM Forms. Chapter 16. The Arbitrage Pricing Model and Its Empirical Relevance. Chapter 17. Efficient Markets. Chapter 18. Behavioral Finance, Investor Decision Making, and Asset Pricing. Chapter 19. Valuation Models. Chapter 20. Earnings Estimation. Chapter 21. Interest Rate Theory and the Pricing of Bonds. Chapter 22. The Management of Bond Portfolios. Chapter 23. Valuation and Uses of Options. Chapter 24. The Valuation and Uses of Financial Futures. Chapter 25. Evaluation of Portfolio Performance. Chapter 26. Evaluation of Security Analysis. Chapter 27. Portfolio Management Revisited.