The Handbook of Risk Management and Analysis - Hardcover

Hardcover

ISBN 10: 0471953091 ISBN 13: 9780471953098

Publisher: John Wiley & Sons, 1996

Synopsis

During the past 5–10 years, and especially since the "Big Bang," the advance in mathematical applications to financial analysis and forecasting has been enormous. Mathematical methods are not only being used in forecasting, but also in the vitally important area of risk management. This book is the definitive source for professionals seeking an introduction to the very latest thinking on risk analysis and risk management strategies. Each chapter contains an introductory survey of the area, followed by a technical exposition of the main ideas which are at the forefront of current research.

About this title

Review

"In what started as a second edition of the well received Handbook of Risk Management and Analysis, Carol Alexander has taken up the challenge of the increasing complexity of today′s markets by selecting additional material to cover new aspects of risk modelling and new products, hence the present two volume edition. As before, the authors are well known not only for their expository skills. Sound theories and tried and tested methods are explained; new markets and products are clearly described. This is essential reading for the growing community of quantitatively–minded risk managers.", Dr Jacques Pezier, September 1998, , #

From the Back Cover

Risk Management and Analysis Volume 2 New Markets and Products Edited by Carol Alexander In the two years since the publication of The Handbook of Risk Management and Analysis interest and the practice of management, modelling and control of financial risks has grown enormously. The author/editor has produced two stand–alone or companion volumes. Only one third of the original material remains. New Markets and Products begins with two chapters on emerging markets. The book then goes on to cover markets and products of increasing complexity: standard equity and interest rate derivatives, exotic options, swaps (and swaptions), volatility trading and finally credit derivatives. The contributors are all acknowledged experts in their field: Michael Howell, Mark Fox, Ian King, Chris Rogers, Andrew Street, Riccardo Rebonato, Edmond Levy, Bryan Thomas, Vincent Lacoste, Desmond Fitzgerald and Blythe Masters. New Markets and Products will be an essential reference tool for risk managers, institutional investors, fund managers, bankers, corporate treasurers and financial consultants. "In this volume Carol Alexander has gathered together ten articles that are concerned with important recent developments in financial markets. Two of the articles are concerned with emerging markets. They explore the reasons for their growth and the nature of the investment opportunities available. The remaining eight articles are concerned with derivatives. There are chapters on equity derivatives, interest rate derivatives, exotic options, volatility trading, and credit derivatives. The final chapter on credit derivatives is particularly timely. This market is in the process of transforming the way banks manage credit risk. I have seen no other discussion of the market as comprehensive and useful as that provided by Blythe Masters. Market participants and students alike will find much useful and thought–provoking information in this volume." John Hull, August 1998

Edition details

• Publisher: John Wiley & Sons
• Publication date: 1996
• ISBN 10: 0471953091
• ISBN 13: 9780471953098
• Binding: Hardcover
• Language: English
• Number of pages: 390
• Editor: Alexander Carol