Investments: Analysis and Management, 14th Australia and New Zealand Edition

ISBN: 9781119673439

The revised and updated fourteenth Australia and New Zealand edition of Investments: Analysis and Management explains the essentials of investing and supports good investment decisions. More than a simple introduction to the subject, this comprehensive textbook prepares students to handle real-world investment problems and controversies in a clear and accessible manner. Emphasising readability, authors Charles Jones and Gerald Jensen minimise complex formulas and simplify difficult material—enabling students of all levels and backgrounds to follow the entire discussion and delve further into the subject.

Ideally suited for beginning courses in investments, this textbook is designed as a practical guide to help students gain foundational knowledge of investing and develop the analytic skills necessary for deciphering investment issues. Carefully organised chapters guide students through fundamental investing concepts, portfolio and capital market theory, common stock analysis and valuation, fixed-income and derivative securities, the specifics of security analysis and portfolio management, and more. A broad range of pedagogical tools—including bulleted summaries, numbered examples, spreadsheet exercises, computational problems, and an extensive set of chapter review questions—strengthens student comprehension and retention.


  • Explains the concepts and problem‐solving processes that are contained in professional money‐management examinations
  • Expanded coverage of recent trends in the financial markets such as cryptocurrencies, private equity investment, exchange-traded products, hedge funds, and mega-deal IPOs
  • Covers current and emerging practices in alternative and direct investing, as well as securities markets and market Indexes
Charles P. Jones
Gerald R. Jensen
Part 1 Background

Chapter 1. Understanding Investments
Chapter 2. Investment Alternatives
Chapter 3. Indirect Investing
Chapter 4. Securities, Markets and Market Indexes
Chapter 5. How Securities are Traded

Part 2 Portfolio and Capital Market Theory

Chapter 6. The Risk and Return from Investing
Chapter 7. Portfolio Theory
Chapter 8. Portfolio Selection and Asset Allocation
Chapter 9. Capital Market Theory and Asset Pricing Models

Part 3 Common Stocks: Analysis, Valuation and Management

Chapter 10. Common Stock Valuation
Chapter 11. Common Stocks: Analysis and Strategy
Chapter 12. Market Efficiency

Part 4 Security Analysis

Chapter 13. Economy/Market Analysis
Chapter 14. Sector/Industry Analysis
Chapter 15. Company Analysis
Chapter 16. Technical Analysis

Part 5 Fixed-Income Securities: Analysis, Valuation and Management

Chapter 17. Bond Yields and Prices
Chapter 18. Bonds: Analysis and Strategy

Part 6 Derivative Securities

Chapter 19. Options
Chapter 20. Future Contracts

Part 7 Investment Management

Chapter 21. Managing Your Financial Assets
Chapter 22. Evaluation of Investment Performance

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E-Text: 9781119673439
Textbook: 9781119667575