Risk Management
Foundations for a Changing Financial World
Herausgegeben von Haslett, Walter V. "Bud"
Risk Management
Foundations for a Changing Financial World
Herausgegeben von Haslett, Walter V. "Bud"
- Gebundenes Buch
- Merkliste
- Auf die Merkliste
- Bewerten Bewerten
- Teilen
- Produkt teilen
- Produkterinnerung
- Produkterinnerung
Key readings in risk management from CFA Institute, the preeminent organization representing financial analysts
Risk management may have been the single most important topic in finance over the past two decades. To appreciate its complexity, one must understand the art as well as the science behind it. Risk Management: Foundations for a Changing Financial World provides investment professionals with a solid framework for understanding the theory, philosophy, and development of the practice of risk management by Outlining the evolution of risk management and how the discipline has adapted to…mehr
- Jankowski, Todd. Lawton, Philip (ed.)Investment Performance Measurement81,99 €
- Daniel A. StrachmanThe Fundamentals of Hedge Fund Management81,99 €
- Steven PetersonInvestment Theory and Risk Management99,99 €
- Lev DynkinQuantitative Credit Portfolio Management94,99 €
- Charles S. TapieroRisk Finance and Asset Pricing78,99 €
- Ron CobyDiscover the Upside of Down25,99 €
- George A. FontanillsGetting Started in Commodities20,99 €
-
-
-
Risk management may have been the single most important topic in finance over the past two decades. To appreciate its complexity, one must understand the art as well as the science behind it. Risk Management: Foundations for a Changing Financial World provides investment professionals with a solid framework for understanding the theory, philosophy, and development of the practice of risk management by
Outlining the evolution of risk management and how the discipline has adapted to address the future of managing risk
Covering the full range of risk management issues, including firm, portfolio, and credit risk management
Examining the various aspects of measuring risk and the practical aspects of managing risk
Including key writings from leading risk management practitioners and academics, such as Andrew Lo, Robert Merton, John Bogle, and Richard Bookstaber
For financial analysts, money managers, and others in the finance industry, this book offers an in-depth understanding of the critical topics and issues in risk management that are most important to today's investment professionals.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
- Produktdetails
- CFA Institute Investment Perspectives
- Verlag: Wiley & Sons
- Artikelnr. des Verlages: 14590339000
- 1. Auflage
- Seitenzahl: 816
- Erscheinungstermin: 28. September 2010
- Englisch
- Abmessung: 260mm x 183mm x 48mm
- Gewicht: 1585g
- ISBN-13: 9780470903391
- ISBN-10: 0470903392
- Artikelnr.: 31742911
- CFA Institute Investment Perspectives
- Verlag: Wiley & Sons
- Artikelnr. des Verlages: 14590339000
- 1. Auflage
- Seitenzahl: 816
- Erscheinungstermin: 28. September 2010
- Englisch
- Abmessung: 260mm x 183mm x 48mm
- Gewicht: 1585g
- ISBN-13: 9780470903391
- ISBN-10: 0470903392
- Artikelnr.: 31742911
RISK MANAGEMENT. 1990-1999. CHAPTER 1: A Framework for Understanding Market
Crisis (Richard M. Bookstaber) Reprinted from AIMR Conference Proceedings:
Risk Management: Principles and Practices (August 1999):7-19. CHAPTER 2:
Practical Issues in Choosing and Applying Risk Management Tools (Jacques
Longerstaey) Reprinted from AIMR Conference Proceedings: Risk Management:
Principles and Practices (August 1999):52-61. CHAPTER 3: The Three P's of
Total Risk Management (Andrew W. Lo) Reprinted from the Financial Analysts
Journal (January/February 1999):13-26. CHAPTER 4: Reporting and Monitoring
Risk Exposure (Robert W. Kopprasch, CFA) Reprinted from AIMR Conference
Proceedings: Risk Management (April 1996): 25-33. 2000-Present. CHAPTER 5:
Risk Management: A Review (Sébastien Lleo, CFA) Modifi ed from The Research
Foundation of CFA Institute (February 2009). CHAPTER 6: Defining Risk (Glyn
A. Holton) Reprinted from the Financial Analysts Journal (November/December
2004): 19-25. CHAPTER 7: Value and Risk: Beyond Betas (Aswath Damodaran)
Reprinted from the Financial Analysts Journal (March/April 2005):38-43.
CHAPTER 8: A Simple Theory of the Financial Crisis; or, Why Fischer Black
Still Matters (Tyler Cowen) Reprinted from the Financial Analysts Journal
(May/June 2009):17-20. CHAPTER 9: Managing Firm Risk (Bluford H. Putnam)
Reprinted from AIMR Conference Proceedings: Ethical Issues for Today's Firm
(July 2000):51-61. CHAPTER 10: Risk Measurement versus Risk Management (D.
Sykes Wilford) Reprinted from AIMR Conference Proceedings: Improving the
Investment Process through Risk Management (November 2003):17-21. PART II:
MEASURING RISK. CHAPTER 11: What Volatility Tells Us about Diversifi cation
and Risk Management (Max Darnell) Reprinted from CFA Institute Conference
Proceedings Quarterly (September 2009):57-66. CHAPTER 12: Risk2: Measuring
the Risk in Value at Risk (Philippe Jorion) Reprinted from the Financial
Analysts Journal (November/December 1996): 47-56. CHAPTER 13: How Risk
Management Can Benefi t Portfolio Managers (Michelle McCarthy) Reprinted
from AIMR Conference Proceedings: Risk Management: Principles and Practices
(August 1999):62-72. CHAPTER 14: Merging the Risk Management Objectives of
the Client and Investment Manager (Bennett W. Golub) Reprinted from AIMR
Conference Proceedings: Exploring the Dimensions of Fixed-Income Management
(March 2004):13-23. CHAPTER 15: The Mismeasurement of Risk (Mark Kritzman,
CFA, and Don Rich) Reprinted from the Financial Analysts Journal (May/June
2002):91-99. CHAPTER 16: Riskiness in Risk Measurement (Roland Lochoff)
Reprinted from AIMR Conference Proceedings: Exploring the Dimensions of
Fixed-Income Management (March 2004):40-51. CHAPTER 17: The Second Moment
(Don Ezra) Reprinted from the Financial Analysts Journal (January/February
2009): 34-36. CHAPTER 18: The Sense and Nonsense of Risk Budgeting (Arjan
B. Berkelaar, CFA, Adam Kobor, CFA, and Masaki Tsumagari, CFA) Reprinted
from the Financial Analysts Journal (September/October 2006): 63-75.
CHAPTER 19: Understanding and Monitoring the Liquidity Crisis Cycle
(Richard Bookstaber) Reprinted from the Financial Analysts Journal
(September/October 2000):17-22. CHAPTER 20: Why Company-Specifi c Risk
Changes over Time (James A. Bennett, CFA, and Richard W. Sias) Reprinted
from the Financial Analysts Journal (September/October 2006): 89-100.
CHAPTER 21: Black Monday and Black Swans (John C. Bogle) Reprinted from the
Financial Analysts Journal (March/April 2008):30-40. CHAPTER 22: The
Uncorrelated Return Myth (Richard M. Ennis, CFA) Reprinted from the
Financial Analysts Journal (November/December 2009):6-7. PART III: MANAGING
RISK. Alternative Investments. CHAPTER 23: Risk Management for Hedge Funds:
Introduction and Overview (Andrew W. Lo) Reprinted from the Financial
Analysts Journal (November/December 2001): 16-33. CHAPTER 24: Risk
Management for Alternative Investment Strategies (Leslie Rahl) Reprinted
from AIMR Conference Proceedings: Exploring the Dimensions of Fixed-Income
Management (March 2004):52-62. CHAPTER 25: Sources of Change and Risk for
Hedge Funds (Clifford S. Asness) Reprinted from CFA Institute Conference
Proceedings: Challenges and Innovation in Hedge Fund Management (August
2004):4-9, 13-14. CHAPTER 26: Risk Management in a Fund of Funds (S. Luke
Ellis) Reprinted from CFA Institute Conference Proceedings: Challenges and
Innovation in Hedge Fund Management (August 2004):31-39. CHAPTER 27: Hedge
Funds: Risk and Return (Burton G. Malkiel and Atanu Saha) Reprinted from
the Financial Analysts Journal (November/December 2005): 80-88. Credit
Risk. CHAPTER 28: Credit Risk (Jeremy Graveline and Michael Kokalari)
Modifi ed from The Research Foundation of CFA Institute (November 2006).
CHAPTER 29: Tumbling Tower of Babel: Subprime Securitization and the Credit
Crisis (Bruce I. Jacobs) Reprinted from the Financial Analysts Journal
(March/April 2009):17-30. CHAPTER 30: Applying Modern Risk Management to
Equity and Credit Analysis (Robert C. Merton) Reprinted from CFA Institute
Conference Proceedings Quarterly (December 2007):14-22. Derivatives.
CHAPTER 31: The Uses and Risks of Derivatives (Joanne M. Hill) Reprinted
from AIMR Conference Proceedings: Investing Worldwide VI (January
1996):46-58. CHAPTER 32: Effective Risk Management in the Investment Firm
(Mark C. Brickell) Reprinted from AIMR Conference Proceedings: Risk
Management (April 1996):48-55. CHAPTER 33: Risk-Management Programs
(Maarten Nederlof) Reprinted from AIMR Conference Proceedings: Risk
Management (April 1996):15-24. CHAPTER 34: Does Risk Management Add Value?
(Charles W. Smithson) Reprinted from AIMR Conference Proceedings: Corporate
Financial Decision Making and Equity Analysis (July 1995):47-53. CHAPTER
35: Risk Management and Fiduciary Duties (Robert M. McLaughlin) Reprinted
from AIMR Conference Proceedings: Risk Management: Principles and Practices
(August 1999):20-31. Global Risk. CHAPTER 36: Financial Risk Management in
Global Portfolios (R. Charles Tschampion, CFA) Reprinted from AIMR
Conference Proceedings: Investing Worldwide VI (January 1996):67-73.
CHAPTER 37: Universal Hedging: Optimizing Currency Risk and Reward in
International Equity Portfolios (Fischer Black) Reprinted from the
Financial Analysts Journal (July/August 1989):16-22. CHAPTER 38: Strategies
for Hedging (Mark P. Kritzman, CFA) Reprinted from AIMR Conference
Proceedings: Managing Currency Risk (November 1997):28-38. CHAPTER 39:
Currency Risk Management in Emerging Markets (H. Gifford Fong) Reprinted
from AIMR Conference Proceedings: Investing Worldwide VII (September
1996):18-23. CHAPTER 40: Managing Geopolitical Risks (Marvin Zonis)
Reprinted from CFA Institute Conference Proceedings Quarterly (September
2009):22-29. CHAPTER 41: Country Risk in Global Financial Management
(Claude B. Erb, CFA, Campbell R. Harvey, and Tadas E. Viskanta) Reprinted
from The Research Foundation of CFA Institute (January 1998). CHAPTER 42:
Political Risk in the World Economies (Marvin Zonis) Reprinted from AIMR
Conference Proceedings: Investing Worldwide VIII: Developments in Global
Portfolio Management (September 1997):1-6. Nonfi nancial Risk. CHAPTER 43:
A Behavioral Perspective on Risk Management (Andrew W. Lo) Reprinted from
AIMR Conference Proceedings: Risk Management: Principles and Practices
(August 1999):32-37. CHAPTER 44: Behavioral Risk: Anecdotes and Disturbing
Evidence (Arnold S. Wood) Reprinted from AIMR Conference Proceedings:
Investing Worldwide VI (January 1996):74-78. CHAPTER 45: The Ten
Commandments of Operational Due Diligence (Robert P. Swan III) Reprinted
from CFA Institute Conference Proceedings: Challenges and Innovation in
Hedge Fund Management (August 2004):47-52. CHAPTER 46: Models (Emanuel
Derman) Reprinted from the Financial Analysts Journal (January/February
2009):28-33. CHAPTER 47: The Use and Misuse of Models in Investment
Management (Douglas T. Breeden) Reprinted from CFA Institute Conference
Proceedings Quarterly (December 2009): 36-45. CHAPTER 48: Regulating
Financial Markets: Protecting Us from Ourselves and Others (Meir Statman)
Reprinted from the Financial Analysts Journal (May/June 2009):22-31.
Pension Risk. CHAPTER 49: Budgeting and Monitoring Pension Fund Risk
(William F. Sharpe) Reprinted from the Financial Analysts Journal
(September/October 2002):74-86. CHAPTER 50: The Plan Sponsor's Perspective
on Risk Management Programs (Desmond Mac Intyre) Reprinted from AIMR
Conference Proceedings: Risk Management: Principles and Practices (August
1999):38-44. CHAPTER 51: Evaluating a Risk-Management Program (Christopher
J. Campisano, CFA) Reprinted from AIMR Conference Proceedings: Risk
Management (April 1996):41-47. CHAPTER 52: Developing and Implementing a
Risk-Budgeting System (Leo J. de Bever) Reprinted from AIMR Conference
Proceedings: Improving the Investment Process through Risk Management
(November 2003):62-72. CHAPTER 53: Liability-Driven Investment Strategies
for Pension Funds (Roman von Ah) Reprinted from CFA Institute Conference
Proceedings Quarterly (December 2008):39-46. About the Contributors. Index.
RISK MANAGEMENT. 1990-1999. CHAPTER 1: A Framework for Understanding Market
Crisis (Richard M. Bookstaber) Reprinted from AIMR Conference Proceedings:
Risk Management: Principles and Practices (August 1999):7-19. CHAPTER 2:
Practical Issues in Choosing and Applying Risk Management Tools (Jacques
Longerstaey) Reprinted from AIMR Conference Proceedings: Risk Management:
Principles and Practices (August 1999):52-61. CHAPTER 3: The Three P's of
Total Risk Management (Andrew W. Lo) Reprinted from the Financial Analysts
Journal (January/February 1999):13-26. CHAPTER 4: Reporting and Monitoring
Risk Exposure (Robert W. Kopprasch, CFA) Reprinted from AIMR Conference
Proceedings: Risk Management (April 1996): 25-33. 2000-Present. CHAPTER 5:
Risk Management: A Review (Sébastien Lleo, CFA) Modifi ed from The Research
Foundation of CFA Institute (February 2009). CHAPTER 6: Defining Risk (Glyn
A. Holton) Reprinted from the Financial Analysts Journal (November/December
2004): 19-25. CHAPTER 7: Value and Risk: Beyond Betas (Aswath Damodaran)
Reprinted from the Financial Analysts Journal (March/April 2005):38-43.
CHAPTER 8: A Simple Theory of the Financial Crisis; or, Why Fischer Black
Still Matters (Tyler Cowen) Reprinted from the Financial Analysts Journal
(May/June 2009):17-20. CHAPTER 9: Managing Firm Risk (Bluford H. Putnam)
Reprinted from AIMR Conference Proceedings: Ethical Issues for Today's Firm
(July 2000):51-61. CHAPTER 10: Risk Measurement versus Risk Management (D.
Sykes Wilford) Reprinted from AIMR Conference Proceedings: Improving the
Investment Process through Risk Management (November 2003):17-21. PART II:
MEASURING RISK. CHAPTER 11: What Volatility Tells Us about Diversifi cation
and Risk Management (Max Darnell) Reprinted from CFA Institute Conference
Proceedings Quarterly (September 2009):57-66. CHAPTER 12: Risk2: Measuring
the Risk in Value at Risk (Philippe Jorion) Reprinted from the Financial
Analysts Journal (November/December 1996): 47-56. CHAPTER 13: How Risk
Management Can Benefi t Portfolio Managers (Michelle McCarthy) Reprinted
from AIMR Conference Proceedings: Risk Management: Principles and Practices
(August 1999):62-72. CHAPTER 14: Merging the Risk Management Objectives of
the Client and Investment Manager (Bennett W. Golub) Reprinted from AIMR
Conference Proceedings: Exploring the Dimensions of Fixed-Income Management
(March 2004):13-23. CHAPTER 15: The Mismeasurement of Risk (Mark Kritzman,
CFA, and Don Rich) Reprinted from the Financial Analysts Journal (May/June
2002):91-99. CHAPTER 16: Riskiness in Risk Measurement (Roland Lochoff)
Reprinted from AIMR Conference Proceedings: Exploring the Dimensions of
Fixed-Income Management (March 2004):40-51. CHAPTER 17: The Second Moment
(Don Ezra) Reprinted from the Financial Analysts Journal (January/February
2009): 34-36. CHAPTER 18: The Sense and Nonsense of Risk Budgeting (Arjan
B. Berkelaar, CFA, Adam Kobor, CFA, and Masaki Tsumagari, CFA) Reprinted
from the Financial Analysts Journal (September/October 2006): 63-75.
CHAPTER 19: Understanding and Monitoring the Liquidity Crisis Cycle
(Richard Bookstaber) Reprinted from the Financial Analysts Journal
(September/October 2000):17-22. CHAPTER 20: Why Company-Specifi c Risk
Changes over Time (James A. Bennett, CFA, and Richard W. Sias) Reprinted
from the Financial Analysts Journal (September/October 2006): 89-100.
CHAPTER 21: Black Monday and Black Swans (John C. Bogle) Reprinted from the
Financial Analysts Journal (March/April 2008):30-40. CHAPTER 22: The
Uncorrelated Return Myth (Richard M. Ennis, CFA) Reprinted from the
Financial Analysts Journal (November/December 2009):6-7. PART III: MANAGING
RISK. Alternative Investments. CHAPTER 23: Risk Management for Hedge Funds:
Introduction and Overview (Andrew W. Lo) Reprinted from the Financial
Analysts Journal (November/December 2001): 16-33. CHAPTER 24: Risk
Management for Alternative Investment Strategies (Leslie Rahl) Reprinted
from AIMR Conference Proceedings: Exploring the Dimensions of Fixed-Income
Management (March 2004):52-62. CHAPTER 25: Sources of Change and Risk for
Hedge Funds (Clifford S. Asness) Reprinted from CFA Institute Conference
Proceedings: Challenges and Innovation in Hedge Fund Management (August
2004):4-9, 13-14. CHAPTER 26: Risk Management in a Fund of Funds (S. Luke
Ellis) Reprinted from CFA Institute Conference Proceedings: Challenges and
Innovation in Hedge Fund Management (August 2004):31-39. CHAPTER 27: Hedge
Funds: Risk and Return (Burton G. Malkiel and Atanu Saha) Reprinted from
the Financial Analysts Journal (November/December 2005): 80-88. Credit
Risk. CHAPTER 28: Credit Risk (Jeremy Graveline and Michael Kokalari)
Modifi ed from The Research Foundation of CFA Institute (November 2006).
CHAPTER 29: Tumbling Tower of Babel: Subprime Securitization and the Credit
Crisis (Bruce I. Jacobs) Reprinted from the Financial Analysts Journal
(March/April 2009):17-30. CHAPTER 30: Applying Modern Risk Management to
Equity and Credit Analysis (Robert C. Merton) Reprinted from CFA Institute
Conference Proceedings Quarterly (December 2007):14-22. Derivatives.
CHAPTER 31: The Uses and Risks of Derivatives (Joanne M. Hill) Reprinted
from AIMR Conference Proceedings: Investing Worldwide VI (January
1996):46-58. CHAPTER 32: Effective Risk Management in the Investment Firm
(Mark C. Brickell) Reprinted from AIMR Conference Proceedings: Risk
Management (April 1996):48-55. CHAPTER 33: Risk-Management Programs
(Maarten Nederlof) Reprinted from AIMR Conference Proceedings: Risk
Management (April 1996):15-24. CHAPTER 34: Does Risk Management Add Value?
(Charles W. Smithson) Reprinted from AIMR Conference Proceedings: Corporate
Financial Decision Making and Equity Analysis (July 1995):47-53. CHAPTER
35: Risk Management and Fiduciary Duties (Robert M. McLaughlin) Reprinted
from AIMR Conference Proceedings: Risk Management: Principles and Practices
(August 1999):20-31. Global Risk. CHAPTER 36: Financial Risk Management in
Global Portfolios (R. Charles Tschampion, CFA) Reprinted from AIMR
Conference Proceedings: Investing Worldwide VI (January 1996):67-73.
CHAPTER 37: Universal Hedging: Optimizing Currency Risk and Reward in
International Equity Portfolios (Fischer Black) Reprinted from the
Financial Analysts Journal (July/August 1989):16-22. CHAPTER 38: Strategies
for Hedging (Mark P. Kritzman, CFA) Reprinted from AIMR Conference
Proceedings: Managing Currency Risk (November 1997):28-38. CHAPTER 39:
Currency Risk Management in Emerging Markets (H. Gifford Fong) Reprinted
from AIMR Conference Proceedings: Investing Worldwide VII (September
1996):18-23. CHAPTER 40: Managing Geopolitical Risks (Marvin Zonis)
Reprinted from CFA Institute Conference Proceedings Quarterly (September
2009):22-29. CHAPTER 41: Country Risk in Global Financial Management
(Claude B. Erb, CFA, Campbell R. Harvey, and Tadas E. Viskanta) Reprinted
from The Research Foundation of CFA Institute (January 1998). CHAPTER 42:
Political Risk in the World Economies (Marvin Zonis) Reprinted from AIMR
Conference Proceedings: Investing Worldwide VIII: Developments in Global
Portfolio Management (September 1997):1-6. Nonfi nancial Risk. CHAPTER 43:
A Behavioral Perspective on Risk Management (Andrew W. Lo) Reprinted from
AIMR Conference Proceedings: Risk Management: Principles and Practices
(August 1999):32-37. CHAPTER 44: Behavioral Risk: Anecdotes and Disturbing
Evidence (Arnold S. Wood) Reprinted from AIMR Conference Proceedings:
Investing Worldwide VI (January 1996):74-78. CHAPTER 45: The Ten
Commandments of Operational Due Diligence (Robert P. Swan III) Reprinted
from CFA Institute Conference Proceedings: Challenges and Innovation in
Hedge Fund Management (August 2004):47-52. CHAPTER 46: Models (Emanuel
Derman) Reprinted from the Financial Analysts Journal (January/February
2009):28-33. CHAPTER 47: The Use and Misuse of Models in Investment
Management (Douglas T. Breeden) Reprinted from CFA Institute Conference
Proceedings Quarterly (December 2009): 36-45. CHAPTER 48: Regulating
Financial Markets: Protecting Us from Ourselves and Others (Meir Statman)
Reprinted from the Financial Analysts Journal (May/June 2009):22-31.
Pension Risk. CHAPTER 49: Budgeting and Monitoring Pension Fund Risk
(William F. Sharpe) Reprinted from the Financial Analysts Journal
(September/October 2002):74-86. CHAPTER 50: The Plan Sponsor's Perspective
on Risk Management Programs (Desmond Mac Intyre) Reprinted from AIMR
Conference Proceedings: Risk Management: Principles and Practices (August
1999):38-44. CHAPTER 51: Evaluating a Risk-Management Program (Christopher
J. Campisano, CFA) Reprinted from AIMR Conference Proceedings: Risk
Management (April 1996):41-47. CHAPTER 52: Developing and Implementing a
Risk-Budgeting System (Leo J. de Bever) Reprinted from AIMR Conference
Proceedings: Improving the Investment Process through Risk Management
(November 2003):62-72. CHAPTER 53: Liability-Driven Investment Strategies
for Pension Funds (Roman von Ah) Reprinted from CFA Institute Conference
Proceedings Quarterly (December 2008):39-46. About the Contributors. Index.