Foundational Theories and Techniques for Risk Management A Guide for Professional Risk Managers in Financial Services |
|
| Editor:
| Sheedy, Elizabeth |
| Author:
| Venkatramanan, Aanand
Milne, Alistair
Henderson, Brian J.
Lawrence, Colin
Smith, David M.
Cernauskas, Deborah
Nitzsche, Dirk
Chance, Don
Street, Andrew
Buetow, Gerald W.
Pézier, Jacques
Cuthbertson, Keith
Martellini, Lionel
Wong, Max
Choudhry, Moorad
Glasserman, Paul
Wilmott, Paul
Fusaro, Peter C.
Priaulet, Philippe
Neftci, Salih N.
Bishop, Steven
Weithers, Tim |
| ISBN: | 979-8-9861646-0-1 |
| Publication Date: | May 2022 |
| Publisher: | Professional Risk Managers' Int'l Association (PRMIA)
|
| Book Format: | Digital online |
| List Price: | USD $270.00 |
Book Description:
|
The definitive guide for any professional risk management in the financial services industry, Foundational Theories and Techniques for Risk Management provides a complete reference for financial theory and application, financial instruments, and the financial markets.Part I provides details for financial risk managers managing risk in all areas of finance, from insurance and banking to asset management and institutional investing. Ten experts from around the world discuss every aspect...
More DescriptionThe definitive guide for any professional risk management in the financial services industry, Foundational Theories and Techniques for Risk Management provides a complete reference for financial theory and application, financial instruments, and the financial markets.Part I provides details for financial risk managers managing risk in all areas of finance, from insurance and banking to asset management and institutional investing. Ten experts from around the world discuss every aspect of finance theory and how it is intertwined with the process of risk management. Beginning with an overview of risk and risk aversion, this resource delivers a comprehensive introduction to portfolio mathematics that includes discussion of the efficient frontier, portfolio theory, and the concept of portfolio diversification.Part II provides an invaluable primer into navigating the complex and profitable area of hedge funds, with detailed descriptions of the major financial instruments, the valuation methods most appropriate for each, market risks, price drivers and their variables, and the professionals who participate in each. With the insights of an international group of investment professionals and thinkers, part II addresses the most active financial instruments, giving professional risk managers in financial services an invaluable edge in this high-risk, highly popular field.Part III provides a robust discussion of how financial risk management takes place in the context of the world's major financial markets: the money market, bonds, futures, commodities, stock, and foreign exchange. Beginning with an introduction to the world of financial markets, discussing the importance of liquidity, comparing exchanges to alternative markets, the role of technology, effects of post-trade processing, and new financial markets; each chapter delivers in-depth coverage of specific markets from a leading expert in the field.