Bruno Solnik is recognized as one of the most outstanding contributors to the international finance profession, and is the 1999 recipient of the prestigious Nicholas Molodovsky Award from the Board of Governors of the Chartered Financial Analyst Institute. He is an advisor to UBS Global Asset Management and has acted as a consultant for numerous asset management firms and pension funds around the world. Dennis McLeavey, Vice President in the Curriculum and Examinations Department at the Chartered Financial Analyst Institute, is a co-author of several journal articles and texts, including the CFA Institute s Analysis of Equity Investments: Valuation.