The Professional Risk Managers' Guide to Finance Theory and Application (Primia Risk Management) - Hardcover

Hardcover

ISBN 10: 0071546472 ISBN 13: 9780071546478

Verlag: McGraw-Hill Professional, 2007

Inhaltsangabe

This comprehensive reference brings together ten of the world's leading scholars and practitioners, who provide invaluable perspectives on all aspects of finance theory and how they are applied to the process of risk management.

The book begins with an overview of risk and risk aversion, introducing utility functions and the mean-variance criterion. It then delivers a thorough introduction to portfolio mathematics, including discussion of the efficient frontier, portfolio theory, and portfolio diversification.

Written to help you fortify your defenses against extreme, unanticipated outcomes, and to ensure that returns are an adequate reward for risks taken, The Professional Risk Managers' Guide to Finance Theory and Application covers key issues such as:

• The theory of capital allocation
• Capital structure, that is, debt versus equity financing
• The CAPM and multifactor models
• Interest rate models
• The term structure of interest rates
• No-arbitrage pricing of futures and forwards
• Risk-neutral valuation of options

Offering a global view not found elsewhere, The Professional Risk Managers' Guide to Finance Theory and Application arms institutional investors, professional financial analysts and traders, auditors, corporate treasurers, regulators and actuaries with the practical tools to master any financial field.

Über diesen Titel

Über die Autorin bzw. den Autor

The Professional Risk Managers' International Association (PRMIA) is one of the world's leading risk management associations, with over 40,000 members in 179 countries. A non-profit, PRMIA is dedicated to the development of new techniques and best practices for managing financial and investment risks, and offers the only globally endorsed Professional Risk Manager certification program.

Carol Alexander is Professor of Risk Management and Director of Research at the ICMA Centre, UK and Chair of the Academic Advisory Council of PRMIA.

Elizabeth Sheedy is an Associate Professor at the Macquarie Applied Finance Centre in Sydney, Australia.

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Expert analysis of the practical applications of financial theory

If you're a risk manager in the financial sector, The Professional Risk Managers' Guide to Finance Theory and Application offers a comprehensive background in finance theory that is required reading for all finance professionals from investors to actuaries.

Sponsored by the PRMIA Institute and edited by risk management experts Carol Alexander and Elizabeth Sheedy, this one-of-a-kind resource brings together a distinguished group of leading practitioners and scholars from around the globe, who share their viewpoints on all the major areas of finance theory and their relevance for risk management.

The Professional Risk Managers' Guide to Finance Theory and Application walks you through every aspect of:

• Risk attitude
• Portfolio theory and diversification
• Capital allocation and capital structure
• Modelling interest rates
• Futures and forward contracts
• Option valuation

Details zur Ausgabe

• Verlag: McGraw-Hill Professional
• Erscheinungsdatum: 2007
• Sprache: Englisch
• ISBN 10: 0071546472
• ISBN 13: 9780071546478
• Einband: Gebundene Ausgabe
• Auflage: 1
• Anzahl der Seiten: 261
• Herausgeber: Alexander Carol, Sheedy Elizabeth
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar