Used extensively by professionals, organizations and schools across the country, Reilly/Brown/Leeds INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT, 12th Edition, combines solid theory with practical applications to help students learn how to manage their money to maximize earning potential. Streamlined into a succinct 18 chapters, the text has been thoroughly revised to present content that is vital to a thorough understanding of investment management in the most effective way. It uses real-world illustrations and hands-on exercises to bring investment concepts to life for students. The 12th edition continues its tradition of unparalleled international coverage. It also offers expanded discussions of the impact of changes in both technology, regulations and ESG mandates on the functioning and organization of global security markets and devotes three chapters to derivatives securities.