Asset and Liability Management Handbook - Hardcover

Hardcover

ISBN 10: 0230277799 ISBN 13: 9780230277793

Publisher: Palgrave Macmillan, 2011

Synopsis

Recent years have shown an increase in development and acceptance of quantitative methods for asset and liability management strategies. This book presents state of the art quantitative decision models for three sectors: pension funds, insurance companies and banks, taking into account new regulations and the industries risks.

About this title

Review:

'Investors without liabilities don't need assets. This is the central message from this timely book that offers the best-in-class thinking from leading academics and practitioners in the field of Asset Liability Management. Anyone managing assets will need to read this book.'  - Prof. Dr. Bernd Scherer, Professor of Finance, EDHEC Business School, London, UK 
 
'The book provides an excellent overview on latest developments in quantitative methods for Asset Liability Management. The contributed articles particularly emphasize applicability aspects with traceable examples. It is a "must read" for everybody responsible for the solution of ALM modeling problems in the banking, insurance and pension fund industry.' - Prof. Dr. Karl Frauendorfer, Dean, School of Finance, University of St. Gallen, Switzerland
 
'This book is ideally timed. It collects together some of the best thinkers working in ALM currently, mixing leading edge academic work with practitioner insights. The focus by industry sector allows experts to enjoy comparing best practice in their own sectors with the frontiers of knowledge in allied disciplines. It also makes a valuable additional resource for trainee actuaries. For those less familiar with the subject, the format gives an appreciation of the range of innovation that ALM is driving across the financial sector.' - Nigel Masters, Immediate Past President, Institute and Faculty of Actuaries, UK

Book Description:

Written by leading experts in the field, practitioners as well as academics, this is an indispensable guide for quantitative and professional executives concerned with managing assets and liabilities

About this edition

• Publisher: Palgrave Macmillan
• Publication date: 2011
• ISBN 10: 0230277799
• ISBN 13: 9780230277793
• Binding: Hardcover
• Number of pages: 550
• Editor: Mitra G., Schwaiger K.