From the book - This chapter reviews some of the basic features of bond pricing and bond portfolio management. For many, the material of this chapter will be strictly review. The chapter begins by considering alternative yield concepts and some of the instruments of the bond market that will be ... click here for more details.
From the book - This chapter reviews some of the basic features of bond pricing and bond portfolio management. For many, the material of this chapter will be strictly review. The chapter begins by considering alternative yield concepts and some of the instruments of the bond market that will be ... click here for more details.
From the book - This chapter reviews some of the basic features of bond pricing and bond portfolio management. For many, the material of this chapter will be strictly review. The chapter begins by considering alternative yield concepts and some of the instruments of the bond market that will be ... click here for more details.
From the book - This chapter reviews some of the basic features of bond pricing and bond portfolio management. For many, the material of this chapter will be strictly review. The chapter begins by considering alternative yield concepts and some of the instruments of the bond market that will be ... click here for more details.
Effective risk management requires effective risk measurement and this chapter introduces the concepts of value at risk and cash flow at risk. With these tools, firms can add value by setting appropriate risk budgets and evaluating new projects in terms of their marginal contribution to the firm`s risk profile. ... click here for more details.
This chapter uses the case of long-short hedge fund manager to demonstrate how a quantitative portfolio manager can use value at risk to measure, manage and optimize portfolio risk. The example portfolio includes 12 long and short positions in international stock index futures contracts, futures contracts on a benchmark ... click here for more details.
