Investments: Concepts & Applications is a contemporary exploration of the complexities of modern financial markets integrated with a contextual history of theory. The text maintains a strong emphasis on the techniques and applications of investment management set within a regional context.
This fifth edition continues to link theory and research with the real-world financial markets, including an in-depth analysis of the Global Financial Crisis and expanded coverage on alternative investments.
New to the Edition
- Excel worked examples and spreadsheets have been added to the resources package available on the companion website.
- Important concepts highlighted with new margin icon.
- The only up-to-date Australian text, written from scratch for Australian Investments courses.
- NEW! Help them get hands-on with Excel worked examples and spreadsheets in the Student Companion Website.
- NEW! The best learning pedagogy in Finance has further improved to help students access the material:
- Important concepts highlighted with margin notes
- Revised In The News boxes
- Updated Key Terms and Learning Objectives
- Summary sections throughout consolidate understanding
- Practical boxed examples and Case Studies help students think critically
About the Authors
is the Vice Chancellor and President of Bond University. Previous positions include Executive Dean at the University of Queensland, Dean at the Australian National University in Canberra, and other senior academic positions at the University of Melbourne and Monash University. He holds a PhD, Master and Honours degrees and is a Fellow of the Financial Services Institute of Australasia, Fellow of the Australian Institute of Management and Fellow of CPA Australia. Professor Brailsford’s area of expertise is finance and investments. He was appointed as the inaugural Frank Finn Professor of Finance at the University of Queensland. As well as his Investments text with Cengage, he has published a number of books and research monographs and over 60 research papers.
teaches Honours students in an Advanced Investments class and graduate students in an Executive MBA managerial finance course. Previous positions include Professor at the Royal Melbourne Institute of Technology (RMIT), Head of the Commerce Department at the ANU, and teaching positions at the University of Queensland and the University of Newcastle. Prior to becoming an academic he worked as a programmer and as an accountant, and is a member of the Australian Computer Society (MACS), a Fellow of CPA Australia (FCPA) and a Certified Finance and Treasury Professional (CFTP).Richard's research interests include derivative pricing and derivative use, asset pricing and portfolio theory. He has published in a number of internationally recognised journals, with over twenty refereed publications in the last eight years.
is senior lecturer at the Australian National University (ANU). He holds a PhD in Finance and has lectured at the ANU for three years and at present is Convenor of the Honours Program in Finance. Chris was the lead author for the Brailsford 4e and will continue to be for 5e. Chris' expertise lies in international finance, investments and capital markets. Apart from Brailsford, he has published in a number of journals, including the Pacific-Basin Finance Journal and the International Review of Financial Analysis. In addition, Chris has presented at a number of international and domestic conferences, including the Asia-Pacific Finance Association conference, the Australian Banking and Finance Association conference and the European Financial Management Association conference.