お店のコメント(スペック情報を含む場合もあり)
内容説明 The introduction of the euro in 1999 marked the starting point of the development of a very liquid and heterogeneous EUR credit market, which exceeds EUR 350bn with respect to outstanding corporate bonds. As a result, credit risk trading and credit portfolio management gained significantly in importance. The book shows how to optimize, manage, and hedge liquid credit portfolios, i.e. applying innovative derivative instruments. Against the background of the highly complex structure of credit derivatives, the book points out how to implement portfolio optimization concepts using credit-relevant parameters, and basic Markowitz or more sophisticated modified approaches (e.g., Conditional Value at Risk, Omega optimization) to fulfill the special needs of an active credit portfolio management on a single-name and on a portfolio basis (taking default correlation within a credit risk model framework into account). This includes appropriate strategies to analyze the impact from credit-relevant newsflow (macro- and micro-fundamental news, rating actions, etc.). As credits resemble equity-linked instruments, we also highlight how to implement debt-equity strategies, which are based on a modified Merton approach.
The book is obligatory for credit portfolio managers of funds and insurance companies, as well as bank-book managers, credit traders in investment banks, cross-asset players in hedge funds, and risk controllers.
商品ジャンル
商品名
最終調査日時
2012/12/01 (Sat) 16:24:01
価格の変動(直近3回 : ¥0は未調査回)
取得日時
販売価格
ポイント
実質価格
在庫状態
2012/12/01 (Sat) 16:24:01
¥11,796
0 %
¥11,796
2012/03/08 (Thu) 21:27:53
¥11,771
0 %
¥11,771
2011/12/15 (Thu) 07:02:58
¥12,178
0 %
¥12,178
サイト内キーワード検索
商品名の検索は通常の商品検索ボックスで。
コメントやスペックなどから検索したい場合はこちらから。
コメントやスペックなどから検索したい場合はこちらから。
広告