Advances in Investment Analysis and Portfolio Management (New Series) is an annual publication designed to disseminate developments in the area of investment analysis and portfolio management. The publication is a forum for statistical and quantitative analyses of issues in security analysis, portfolio management, options, futures, and other related issues. The objective is to promote interaction between academic research in finance, economics, and accounting and applied research in the financial community. The chapters in this volume cover a wider range of topics including equity markets, risk return trade-off analysis and portfolio management, and IPOs. In this volume there are 10 chapters, four of them analyze the issues of equity markets: 1. Revisiting U.S. Stock Market Returns: Individual Retirement Accounts; 2. Asset Returns and Monetary Policy in the Emerging Taiwan Financial Markets; 3. On the Intradaily Relationship between Information Revelation and Trade Duration: The Evi