“Structured products are among the fastest growing investment classes in world financial markets. One may dismiss such growth, one may partially acknowledge it as potentially responsive to a healthy matching of financial interests in markets. The latter perspective leads to an anticipation of long lasting and financial product creation” – from the Introduction, by Dilip Madan
'Portfolio management has advanced to a highly specialised and quantitative discipline. This volume provides an overview of the theoretical framework underlying portfolio management as well as an insight into current trends’ – from the Introduction, by Bernd Scherer.
’The rise of credit markets over the past decade has been nothing short of spectacular. Their current state of turmoil is nothing short of mind-boggling. It seems to be a perfect moment for putting together an authoritative collection of papers devoted to various intertwining aspects of credit modelling’ – from the Introduction, by Alexander Lipton