Book Description
This authoritative book enables readers to analyze the various performance and risk attributes of mutual funds, while also serving as a comprehensive reference for students, academics, and general investors alike. Providing a balance of theory and application, the chapters combine clear summaries of existing research with practical guidelines for mutual fund analysis.
The chapters cover a broad range of topics, including understanding the advantages and disadvantages of mutual funds and long and short-term investing, evaluating stock/bond allocations within fund portfolios, assessing fund diversification risk, measuring fund returns and risk, and making fund buy/sell decisions. Throughout the text, step-by-step decision checklists guide readers in the analysis and selection of various mutual funds. Treating all the major theoretical issues in mutual fund analysis and portfolio management, this book is both a thorough resource and a practical guide.
About the author
John A. Haslem is Professor of Finance in the College of Business and Management at the University of Maryland at College Park. He has a PHD in Finance from the University of North Carolina. Professor Haslem's research specialties include empirical studies in commercial banking. He teaches courses in investment, including a course in mutual fund analysis. His research has been published in The Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Business, Journal of Money, Credit and Banking, Financial Analysts Journal, and numerous other US and international journals. Professor Haslem has written books on commercial banking and mutual funds investing. He has consulted for the Director of Supersonic Transport, NASA, U.S. Department of Justice (including expert witness testimony in original case of the U.S. Supreme Court), as well as banks, law firms (as an expert witness) and other private-sector organizations. He has served as the College of Business and Management's first Assistant Dean of Academic Affairs, and was its first Chair of Finance.