Professional Perspectives on Fixed Income Portfolio Management, Volume 4
Professional Perspectives on Fixed Income Portfolio Management, Volume 4 is a valuable practitioner-oriented text that addresses the current developments as well as key strategies and central theories in this field. Filled with insightful articles that focus on three important areas of fixed income portfolio management-fixed income analysis and strategies, credit risk and credit derivatives, and structured products-this volume contains hard-won practical knowledge and theory that will allow you to navigate today's market with poise and confidence.
Written by experienced fixed income professionals, this comprehensive volume offers in-depth analysis on a wide range of fixed income portfolio management issues, including: * Risk/return trade-offs on fixed income asset classes * Consistency of carry strategies in Europe * The Euro benchmark yield curve * Quantitative approaches versus fundamental analysis for valuing corporate credit * The implication of Merton models for corporate bond investors * The valuation of credit default swaps * Framework for secondary market collateralized debt obligation valuation
For the financial professional who needs to understand the advanced characteristics of fixed income portfolio management, Professional Perspectives on Fixed Income Portfolio Management, Volume 4 offers the most current thinking from the most experienced professionals in this field. Increase your knowledge of this market and enhance your financial performance for years to come with Professional Perspectives on Fixed Income Portfolio Management, Volume 4.
Excellent Update to a Classic
By A Customer - March 8, 2004
By reading the previous reviews - I assume they are discussing previous Volumes of this excellent new resource. This is a comprehensive and up-to-date review of the some of the most complex issues facing professionals in both the traditional and hedge fund management industries. Of particular note are the chapters on the CDS Basis - this is the first 'complete' discussion of the reasons and practical issues related to trading CDS and also the chapter on Valuation of CDS adds some new analytics to a practitioner's toolbox. As bond markets become more transparent and derivative-based - this book provides the details for less quantitative shops to keep up with the market.