FREE ACCESS!
Subscribe for
Free Access
to over 4000+
pages of Profiles and Top
20 Rankings.
No obligation ever.
|
|
|
|
|
|
|
Value-at-Risk
Related Books
See also:
Value-at-Risk Related News,
Value-at-Risk Related Scholarly Papers,
or
Value-at-Risk Home Page.
|
| Table of Contents:
|
| |
 |
Credit Risk Measurement
by Anthony Saunders, Linda
Allen
Average Customer Review:
Price: $47.25
Book
Description
The most cutting-edge read on the pricing, modeling, and
management of credit risk available The rise of credit risk
measurement and the credit derivatives market started in the
early 1990s and has grown ever since. For many
professionals, understanding credit risk measurement as a
discipline is now more important than ever. Credit Risk
Measurement, Second Edition has been fully revised to
reflect the latest thinking on credit risk measurement and
to provide credit risk professionals with a solid
understanding of the alternative approaches to credit risk
measurement. This readable guide discusses the latest
pricing, modeling, and management techniques available for
dealing with credit risk. New chapters highlight the latest
generation of credit risk measurement models, including a
popular class known as intensity-based models. Credit Risk
Measurement, Second Edition also analyzes significant
changes in banking regulations that are impacting credit
risk measurement at financial institutions. With fresh
insights and updated information on the world of credit risk
measurement, this book is a must-read reference for all
credit risk professionals.
▲
top |
|
| |
 |
Book
Description
Gary Gastineau and Mark Kritzman team up once again for the
third edition of this classic reference tool designed for
financial analysts and managers. Anyone involved in
financial risk management must have a proper understanding
of the words, terms, and phrases used in this fast paced
field and Dictionary of Financial Risk Management clearly
provides that understanding. Risk management terminology is
a part of almost any financial operation, including cash,
forwards/futures, swaps, options and is found in many
disciplines: probability and statistics, tax and financial
accounting, and law. The vocabulary of the risk manager
continues to expand with the creation of new products and
new concepts. This volume carefully defines and illustrates
all the words and phrases that financial professionals need
to know and understand. The Dictionary of Financial Risk
Management includes listings of common acronyms, profit/loss
diagrams of new financial instruments, and extensive
coverage of derivatives and quantitative techniques. This
invaluable reference guide provides comprehensive
definitions of the key terms and concepts that many
financial professionals need to know on a day-to-day basis.
▲
top |
|
| |
 |
Managing Financial Risk
by Charles W. Smithson
Average Customer Review:
Price: $41.30
Book
Description
Managing Financial Risk is the most authoritative and
comprehensive primer ever published for financial
professionals who must understand and successfully use
derivaties. The previous edition of this professional
financial classic sold over 18,000 copies and emerged as a
leading training tool in the derivatives industry. The book
covers derivative products from the most basic to the most
complex and explains how derivatives are used by each major
player in the market: dealers, financial firms, and
corporations. In addition, the book includes short
contributions from a variety of experts from leading
companies such as Citibank, J.P. Morgan, British Petroleum,
and Ciba-Geigy. Completely updated to include new material
on new products such as commodity swaps and credit swaps,
this edition will cover every aspect of the derivatives
marketplace with insight and authority.
▲
top |
|
| |
|
Price: $55.97
Book
Description
No description available.
▲
top |
|
| |
 |
Risk Budgeting
by Neil D. Pearson
Average Customer Review:
Price: $49.30
Book
Description
Covers the hottest topic in investment for multitrillion
pension market and institutional investors Institutional
investors and fund managers understand they must take risks
to generate superior investment returns, but the question is
how much. Enter the concept of risk budgeting, using
quantitative risks measurements, including VaR, to solve the
problem. VaR, or value at risk, is a concept first
introduced by bank dealers to establish parameters for their
market short-term risk exposure. This book introduces VaR,
extreme VaR, and stress-testing risk measurement techniques
to major institutional investors, and shows them how they
can implement formal risk budgeting to more efficiently
manage their investment portfolios. Risk Budgeting is the
most sophisticated and advanced read on the subject out
there in the market.
▲
top |
|
| |
|
Risk Management : Value at
Risk and Beyond
by M. A. H. Dempster
Price: $56.70
Book
Description
The theory of Value at Risk (VaR), which quantifies the
probability of large losses in financial transactions, won
the Nobel Prize in economics for Robert Merton. As trading
systems have become more complex, however, the dangers of
very large losses have become more acute. The near collapse
of the hedge fund Long-Term Capital Management, based on the
VaR theory, is perhaps the most spectacular example: it was
not stable against large and sudden fluctuations in the
financial markets. This collection of papers by leading
researchers addresses the weaknesses of VaR and how it might
be possible to circumvent them. A crucial question is to
establish what is a good measure of risk, and the further
developments of VaR are considered in this light.
▲
top |
|
| |
|
|
| |
 |
Value-at-Risk
by Glyn A. Holton
Average Customer Review:
Price: $95.00
Book
Description
Value-at-risk (VaR) is a measure of market risk that has
been widely adopted since the mid-1990s for use on trading
floors. This is the first advanced book published on VaR. It
describes how to design, implement, and use scalable
production VaR measures on actual trading floors. It takes
readers from the basics of VaR to the most advanced
techniques, many of which have never been published in book
form.
▲
top |
|
| |
 |
Value at Risk: The New Benchmark for
Managing Financial Risk
by Philippe
Jorion
Average Customer Review:
Price: $40.50
Book
Description
To accommodate sweeping global economic changes, the risk
management field has evolved substantially since the first
edition of Value at Risk, making this revised edition a
must. Updates include a new chapter on liquidity risk,
information on the latest risk instruments and the expanded
derivatives market, recent developments in Monte Carlo
methods, and more. Value at Risk, Second Edition, will help
professional risk managers understand, and operate within,
today's dynamic new risk environment.
▲
top |
|
| |
Back to Book Index
See also:
Value-at-Risk Related News,
Value-at-Risk Related Scholarly Papers,
or
Value-at-Risk Home Page.
Please
keep in mind that some of the content that we make available to you through
this application comes from Amazon Web Services. All such content is
provided to you "as is". This content and your use of it are subject to
change and/or removal at any time.
| HEDGE FUND RISK AND OTHER
DISCLOSURES |
Hedge funds, including fund of funds (“Hedge
Funds”), are unregistered private investment partnerships, funds or
pools that may invest and trade in many different markets,
strategies and instruments (including securities, non-securities and
derivatives) and are NOT subject to the same regulatory requirements
as mutual funds, including mutual fund requirements to provide
certain periodic and standardized pricing and valuation information
to investors. There are substantial risks in investing in Hedge
Funds. Persons interested in investing in Hedge Funds should
carefully note the following:
- Hedge Funds represent speculative investments and involve a
high degree of risk. An investor could lose all or a substantial
portion of his/her investment. Investors must have the financial
ability, sophistication/experience and willingness to bear the
risks of an investment in a Hedge Fund.
- An investment in a Hedge Fund should be discretionary capital
set aside strictly for speculative purposes.
- An investment in a Hedge Fund is not suitable or desirable for
all investors. Only qualified eligible investors may invest in
Hedge Funds.
- Hedge Fund offering documents are not reviewed or approved by
federal or state regulators
- Hedge Funds may be leveraged (including highly leveraged) and
a Hedge Fund’s performance may be volatile
- An investment in a Hedge Fund may be illiquid and there may be
significant restrictions on transferring interests in a Hedge
Fund. There is no secondary market for an investor’s investment in
a Hedge Fund and none is expected to develop.
- A Hedge Fund may have little or no operating history or
performance and may use hypothetical or pro forma performance
which may not reflect actual trading done by the manager or
advisor and should be reviewed carefully. Investors should not
place undue reliance on hypothetical or pro forma performance.
- A Hedge Fund’s manager or advisor has total trading authority
over the Hedge Fund.
- A Hedge Fund may use a single advisor or employ a single
strategy, which could mean a lack of diversification and higher
risk.
- A Hedge Fund (for example, a fund of funds) and its managers
or advisors may rely on the trading expertise and experience of
third-party managers or advisors, the identity of which may not be
disclosed to investors
- A Hedge Fund may involve a complex tax structure, which should
be reviewed carefully.
- A Hedge Fund may involve structures or strategies that may
cause delays in important tax information being sent to investors.
- A Hedge Fund may provide no transparency regarding its
underlying investments (including sub-funds in a fund of funds
structure) to investors. If this is the case, there will be no way
for an investor to monitor the specific investments made by the
Hedge Fund or, in a fund of funds structure, to know whether the
sub-fund investments are consistent with the Hedge Fund’s
investment strategy or risk levels.
- A Hedge Fund may execute a substantial portion of trades on
foreign exchanges or over-the-counter markets, which could mean
higher risk.
- A Hedge Fund’s fees and expenses-which may be substantial
regardless of any positive return- will offset the Hedge Fund’s
trading profits. In a fund of funds or similar structure, fees are
generally charged at the fund as well as the sub-fund levels;
therefore fees charged investors will be higher that those charged
if the investor invested directly in the sub-fund(s).
- Hedge Funds are not required to provide periodic pricing or
valuation information to investors.
- Hedge Funds and their managers/advisors may be subject to
various conflicts of interest.
The above general
summary is not a complete list of the risks and other important
disclosures involved in investing in Hedge Funds and, with respect
to any particular Hedge Fund, is subject to the more complete and
specific disclosures contained in such Hedge Fund’s respective
offering documents. Before making any investment, an investor should
thoroughly review a Hedge Fund’s offering documents with the
investor’s financial, legal and tax advisor to determine whether an
investment in the Hedge Fund is suitable for the investor in light
of the investor’s investment objectives, financial circumstances and
tax situation.
All performance information is believed
to be net of applicable fees unless otherwise specifically noted. No
representation is made that any fund will or is likely to achieve
its objectives or that any investor will or is likely to achieve
results comparable to those shown or will make any profit at all or
will be able to avoid incurring substantial losses. Past performance
is not necessarily indicative, and is no guarantee, of future
results.
The information on the Site is intended for
informational, educational and research purposes only. Nothing on
this Site is intended to be, nor should it be construed or used as,
financial, legal, tax or investment advice, be an opinion of the
appropriateness or suitability of an investment, or intended to be
an offer, or the solicitation of any offer, to buy or sell any
security or an endorsement or inducement to invest with any fund or
fund manager. No such offer or solicitation may be made prior to the
delivery of appropriate offering documents to qualified investors.
Before making any investment, you should thoroughly review the
particular fund’s confidential offering documents with your
financial, legal and tax advisor and conduct such due diligence as
you (and they) deem appropriate. We do not provide investment advice
and no information or material on the Site is to be relied upon for
the purpose of making investment or other decisions. Accordingly, we
assume no responsibility or liability for a ny investment decisions
or advice, treatment, or services rendered by any investor or any
person or entity mentioned, featured on or linked to the Site.
The information on this Site is as of the date(s) indicated,
is not a complete description of any fund, and is subject to the
more complete disclosures and terms and conditions contained in a
particular fund's offering documents, which may be obtained directly
from the fund. Certain of the information, including investment
returns, valuations, fund targets and strategies, has been supplied
by the funds or their agents, and other third parties, and although
believed to be reliable, has not been independently verified and its
completeness and accuracy cannot be guaranteed. No warranty, express
or implied, representation or guarantee is made as to the accuracy,
validity, timeliness, completeness or suitability of this
information.
Any indices and other financial benchmarks
shown are provided for illustrative purposes only, are unmanaged,
reflect reinvestment of income and dividends and do not reflect the
impact of advisory fees. Investors cannot invest directly in an
index. Comparisons to indexes have limitations because indexes have
volatility and other material characteristics that may differ from a
particular hedge fund. For example, a hedge fund may typically hold
substantially fewer securities than are contained in an index.
Indices also may contain securities or types of securities that are
not comparable to those traded by a hedge fund. Therefore, a hedge
fund’s performance may differ substantially from the performance of
an index. Because of these differences, indexes should not be relied
upon as an accurate measure of comparison.
|
|
