Volume I: Financial Markets and Instruments skillfully covers the general characteristics of
different asset classes, derivative instruments, the markets in which financial instruments …

Much of the practice of investment management has evolved to suit the needs of tax‐exempt
institutional pension funds. There is an increasing realization, however, that many practices …

The investment management process involves five steps: setting investment objectives,
establishing an investment policy, selecting a portfolio strategy, constructing a portfolio, and …

Investment management is a wonderful and rewarding career. A portfolio manager works to
help clients fulfill their financial objectives. However, the business becomes tougher every …

It has been almost 25 years since Tad Jeffrey and Rob Arnott wrote their seminal paper,“Is
Your Alpha Big Enough to Cover Its Taxes?” in which they discussed the plight of taxable …