This edition of Lofthouse's "Equity Investment Management" not only provides a solid introduction to investment techniques and financial theory, but has been expanded to include discussion of derivatives, bonds and fixed interest, equity investment, as well as private client accounts. This work offers a grounding in the techniques of investment management in a form uniquely suited to the perspective of the fund manager and analyst. Designed as a practitioner book, it gives insights on new instruments and changing market conditions. Topics include: behavioural finance, assessing investment systems, creative accounting and bankruptcy, neglected and new stocks, arbitrage pricing theory, forecasting the economy, business cycle, valuation, emerging markets, and passive investment management.