An investor′s guide to understanding and using financial instruments The Handbook of Financial Instruments provides comprehensive coverage of a broad range of financial instruments, including equities, bonds (asset–backed and mortgage–backed securities), derivatives (equity and fixed income), insurance investment products, mutual funds, alternative investments (hedge funds and private equity), and exchange traded funds. The Handbook of Financial Instruments explores the basic features of each instrument introduced, explains their risk characteristics, and examines the markets in which they trade. Written by experts in their respective fields, this book arms individual investors and institutional investors alike with the knowledge to choose and effectively use any financial instrument available in the market today. John Wiley & Sons, Inc. is proud to be the publisher of the esteemed Frank J. Fabozzi Series . Comprising nearly 100 titles–which include numerous bestsellers— The Frank J. Fabozzi Series is a key resource for finance professionals and academics, strategists and students, and investors. The series is overseen by its eponymous editor, whose expert instruction and presentation of new ideas have been at the forefront of financial publishing for over twenty years. His successful career has provided him with the knowledge, insight, and advice that has led to this comprehensive series. Frank J. Fabozzi , PhD, CFA, CPA, is Editor of the Journal of Portfolio Management , which is read by thousands of institutional investors, as well as editor or author of over 100 books on finance for the professional and academic markets. Currently, Dr. Fabozzi is an adjunct Professor of Finance at Yale University′s School of Management and on the board of directors of the Guardian Life family of funds and the Black Rock complex of funds.

弗蘭剋·J.法博齊是法國北方高等商學院（EDHEC）金融學教授，EDHEC風險研究所高級科學顧問，自1984以來一直擔任《投資組閤管理雜誌》的編輯。持有CFA和CPA，為貝萊德封閉式基金和股權流動性基金的受托人；CFA協會2007 年C. Stewart Sheppard奬得主和CFA協會2015年James R. Vertin奬得主。法博齊於2002年11月入選固定收益分析師協會名人堂。曾任職於耶魯大學、麻省理工學院和普林斯頓大學。作為眾多資産管理方麵書籍的作者和編輯，他獲有紐約城市學院經濟學學士學位和碩士學位以及紐約城市大學研究生院經濟學博士學位。