Risk Management in Fixed Income Markets (Financial Translation Series)

Author: Bennett G. GLUBBE, Li
Publisher:
Publish Date: 2005-04-07
Features: The two authors of this book are senior risk management practitioners from a global asset management and risk consulting firm. They skillfully combine finance, economics, mathematics, and common sense to creatively apply new financial simulation techniques to manage fixed income market risk. The book balances theory and practice, introducing various existing and new risk management techniques in a comprehensive yet accessible manner, including duration of interest rate and basis risk, scenario analysis, expected return, portfolio, and hedging optimization. As more financial systems adopt rigorous risk management techniques and apply these techniques in investment decisions, whether you are a Chief Investment Officer, corporate financial officer, portfolio manager, risk manager, trader, academic researcher, or finance student, you will find this book an invaluable guide to navigate the exciting and challenging world of investment.