Published in 2012

Operational Risk: New Frontiers Explored

Edited By Ellen Davis

This book, edited by Ellen Davis, offers new modelling techniques for readers’ operational risk approaches and examines some of the more qualitative issues that are on the cutting edge of the industry. The book consists of contributions from operational risk bank executives, regulators, and others in the industry addressing some of the quantitative and practical challenges that have arisen in recent years.

With practical insights from leading experts in the operational risk area, this book is essential reading for anyone who wants to improve their operational risk modelling and also understand issues that are at the cutting edge of the industry.
From: £110.00
- Add to Wishlist
The Handbook of Corporate ... Risk Management

By Stanley Myint and Fabrice Famery

The Handbook of Corporate Financial Risk Management, written by Stanley Myint and Fabrice Famery, guides you intuitively through all possible risk-related problems you will encounter on a regular basis, leading from one component of corporate risk management to the next until you have all the solutions you require. Each section of the book contains a collection of real-life case studies which BNP Paribas have worked on, beginning with the problems these cases exhibited and concluding with the solutions BNP Paribas found best resolved these.

"This topical book could not have come at a better moment. It illustrates the power of a systematic, quantitative and analytical approach to Financial Risk, which is even more important in these turbulent times."
Thomas Bartelt, Head of Financial Risk Controlling, Volkswagen
From: £110.00
- Add to Wishlist
Global Macro: Theory and Practice

Edited By Andrew Rozanov

In the aftermath of the global financial crisis of 2007-09, global macro was one of the few investment strategies that delivered positive returns. Since then global markets have been driven almost solely by macroeconomic decision making; more so than at any time in recent years.

Global Macro: Theory and Practice, edited by industry expert Andrew Rozanov, is the first comprehensive handbook and authoritative guide focusing exclusively on global macro strategies, designed for use by investment professionals involved in constructing and managing institutional portfolios.

"Global Macro: Theory and Practice is an important primer for institutions seeking to understand macro from two sides of the looking glass: the view of practitioners like myself and the view of investors. The broad range of topics covered – discretionary versus systematic approaches, the role of risk management in macro, the role of policy analysis and prediction in macro, among others — will draw institutional investors into the stimulating world I have lived and breathed for three decades."
– PAUL TUDOR JONES II, Co-Chairman and Chief Investment Officer, Tudor Investment Corporation
1 Review(s)

From: £110.00
- Add to Wishlist
Market Risk Modelling, Second ... for Practitioners

By Nigel Da Costa Lewis

This fully updated and revised second edition of Market Risk Modelling expands to incorporate the vast developments in the risk management landscape since the first edition, both in terms of advances in statistical techniques and their application. With new material focusing on key topics such as tail risk modelling and stochastic forecasting, Market Risk Modelling describes easily implementable tools and approaches for use by the time-starved risk manager.

listen to ‘Nigel Da Costa Lewis explains the importance of this 2nd edition of Market Risk Modelling’ on Audioboo
From: £110.00
- Add to Wishlist
Alternative (Re)insurance Strategies: Second Edition

Edited By Morton Lane

A practical guide for all insurance risk professionals, the book includes details of the latest practices in insurance-linked investment, developed since the publication of the first edition. Covering topics such as side pockets, industry loss warranties, fronting, side cars and portfolio optimisation, Alternative (Re)insurance Strategies: Second Edition encapsulates the growth and innovations in this ever popular market.
From: £110.00
- Add to Wishlist
Risk Budgeting, Second Edition: ... Financial Crisis

Edited By Leslie Rahl

This fully updated and revised second edition of the best-selling guide Risk Budgeting expands upon the first edition, continuing to provide a road map for more effective risk allocation and better return per unit of risk taken. This edition reflects in particular the growing focus on risk appetite and governance in the risk budgeting environment.

Another area of focus is Value-at-risk, with a chapter dedicated to the debate. You can read an extract of the chapter here
1 Review(s)

From: £110.00
- Add to Wishlist
Managing Illiquid Assets: Perspectives and Challenges

Edited By Savita Verma, Vijay Krishnaswamy et al

Illiquid assets constitute a challenging asset class with regards to their valuations and ongoing management. The significant and explicit emphasis put on the management and control of liquidity under the new and evolving regulatory regimes such as Basel III is a further testimony of this challenge.

In Managing Illiquid Assets: Perspectives and Challenges the perspectives of experts and practitioners are brought together on managing these high-risk, and frequently complex, financial assets.
From: £110.00
- Add to Wishlist
Inflation Markets: A Comprehensive and Cohesive Guide

By Paul Canty and Markus Heider

At a time when unconventional monetary policy has caused uncertainty about the global inflation outlook to rise considerably, Inflation Markets provides a complete and cohesive guide to fast-growing inflation markets and products, encompassing supply and demand dynamics, economics, financial modelling and trading aspects of inflation markets.
From: £110.00
- Add to Wishlist
The RMB Handbook: Trading, ... and Hedging

By Hai Xin

The Renminbi (RMB), the official currency of the People's Republic of China, is rising in importance in internal foreign exchange and other markets, receiving an increasing amount of attention from politicians, economists, traders, investors, and corporate hedgers. Before 2009, the Chinese renminbi had little to no exposure in the international markets, but this is about to change dramatically thanks to China’s decision to establish RMB as an international reserve currency.

The RMB Handbook provides a comprehensive review of the attitudes to and development of RMB, most importantly offering practical advice to different categories of end-users regarding the various financial instruments linked to RMB, and demonstrating how practitioners can make use of these to achieve their objectives (while working within the parameters of new regulations).
From: £110.00
- Add to Wishlist
Inflation Sensitive Assets: Instruments and Strategies

Edited By Stefania Perrucci and Brice Benaben

Both commodities and inflation-linked products have gained interest in recent years as alternatives and complements to traditional asset classes. The growth in investors’ participation in these markets is a global phenomenon, clearly evident in the increasing volume and types of instruments traded in both the spot and derivatives markets.

In Inflation Sensitive Assets: Instruments and Strategies Stefania Perrucci and Brice Benaben bring together different points of view and practical insights from active market participants including investment banks, asset management, pension funds and central banks.

Designed for practitioners, the book includes important academic contributions, and will be of interest to portfolio managers, risk managers, plan sponsors and researchers alike.

“This book provides an essential resource for investors, consultants and service providers keen to preserve wealth”
Mihir Worah,
Managing Director, Head of Real Return Portfolio Management, PIMCO
From: £110.00
- Add to Wishlist
Managing and Measuring Capital: ... Financial Institutions

Edited By Michael K. Ong

This book edited by industry expert Michael Ong explores how capital is measured and managed by banks and other financial institutions and how current techniques should be improved to address the issues highlighted in the recent crisis.

The first part covers the issues of capital management, allocation, risk attribution and performance determination. The second part focuses on the measurement of
capital. The book is essential for all who witnessed the devastating effects of the crisis, due fundamentally to undercapitalisation.

"...covers all key features of the post-crisis regulatory and risk-management scenario..."

Andrea Resti, Bocconi University

"...The book comes out at an opportune moment to refocus our attention to the basic concepts of economic and regulatory capital."

Ashish Dev, Managing Director, JP Morgan Chase
From: £110.00
- Add to Wishlist
Credit Risk Modelling - ... and Applications

By Terry Benzschawel

Credit Risk Modelling gives you a framework to understand how credit risk is measured, priced and managed.

The importance of accurately modelling and managing credit risk is continuously growing, regulatory changes and evolving risk management practices have led to Banks looking a lot more closely at credit risk.
From: £110.00
- Add to Wishlist