The world’s leading financial thinkers share their insights into the latest developments in credit derivatives In The Credit Derivatives Handbook, some of the world's sharpest financial and legal minds come together to discuss how credit derivatives have evolved from tools restricted to the banking industry into flexible and customizable instruments used by investors of all kinds. You will come away with the knowledge and insight needed to measure and value risk, as well as the ability to put credit derivatives to work. Over fifteen contributors provide in-depth analyses of subjects in their respective areas of expertise, such as: <ul>
<li>Key products, applications, and typical trades, hedging and credit structuring </li>
<li>Pricing of credit default swaps and synthetic CDOs </li>
<li>Design of synthetic CDOs </li>
<li>Copula models, with illustrative examples </li>
<li>Credit derivatives in investment portfolios </li>
<li>Opportunities for structuring credit derivatives in accordance with Islamic finance</li>
</ul>
Comprehensive in scope but executed in meticulous detail, The Credit Derivatives Handbook provides a complete, global perspective of what the editors consider “one of the most important financial innovations of recent times.”

Credit Derivatives Handbook: Global Perspectives, Innovations, and Market Drivers

Business & Money

Gregoriou, Greg N.

Ali, Paul U

Economics

McGraw=Hill

[flap] 
For investors, risk is about the odds of losing money, and Value at Risk (VaR) is grounded in that common-sense fact. VAR modeling answers, “What is my worst-case scenario?” and “How much could I lose in a really bad month?” However, there has not been an effective guidebook available to help investors and financial managers make their own VaR calculations--until now. The VaR Implementation Handbook is a hands-on road map for professionals who have a solid background in VaR but need the critical strategies, models, and insights to apply their knowledge in the real world. Heralded as “the new science of risk management,” VaR has emerged as the dominant methodology used by financial institutions and corporate treasuries worldwide for estimating precisely how much money is at risk each day in the financial markets. The VaR Implementation Handbook picks up where other books on the subject leave off and demonstrates how, with proper implementation, VaR can be a valuable tool for assessing risk in a variety of areas-from equity to structured and operational products. This complete guide thoroughly covers the three major areas of VaR implementation--measuring, modeling risk, and managing--in three convenient sections. Savvy professionals will keep this handbook at their fingertips for its:
<ul>
<li>Reliable advice from 40 recognized experts working in universities and financial institutions around the world </li>
<li>Effective methods and measures to ensure that implemented VaR models maintain optimal performance </li>
<li>Up-to-date coverage on newly exposed areas of volatility, including derivatives</li>
</ul>
Real-world prosperity requires making informed financial decisions. The VaR Implementation Handbook is a step-by-step playbook to getting the most out of VaR modeling so you can successfully manage financial risk.

The VAR Implementation Handbook

Investing

The first in-depth analysis of inherent deficiencies in present practices “A book like this helps reduce the chance of a future breakdown in risk management.” Professor Campbell R. Harvey, the Fuqua School of Business, Duke University “A very timely and extremely useful guide to the subtle and often difficult issues involved in model risk―a subject which is only now gaining the prominence it should always have had.” Professor Kevin Dowd, Nottingham University Business School, the University of Nottingham “This book collects authoritative papers on a timely and important topic . . . and should lead to many new insights.” Professor Philip Hans Franses, Erasmus School of Economics, Erasmus University “Inadequate valuation and risk management models have played their part in triggering the recent economic turmoil felt around the world. This timely book, written by experts in the field of model risk, will surely help risk managers and financial engineers measure and manage risk effectively.” Dr. Fabrice Douglas Rouah, Vice President, State Street Corporation “This invaluable handbook has been edited by experts . . . and should prove to be of great value to investment finance and credit risk modelers in a wide range of disciplines related to portfolio risk, risk modeling in finance, international money and finance, country risk, and macroeconomics.” Professor Michael McAleer, Erasmus School of Economics, Erasmus University About the Book: If we have learned anything from the global financial collapse of 2008, it is this: the mathematical risk models currently used by financial institutions are no longer adequate quantitative measures of risk exposure. In The Risk Modeling Evaluation Handbook, an international team of 48 experts evaluates the problematic risk-modeling methods used by large financial institutions and breaks down how these models contributed to the decline of the global capital markets. Their conclusions enable you to identify the shortcomings of the most widely used risk models and create sophisticated strategies for properly implementing these models into your investing portfolio. Chapters include:
<ul>
<li>Model Risk: Lessons from Past Catastrophes (Scott Mixon) </li>
<li>Effect of Benchmark Misspecification on Riskadjusted Performance Measures (Laurent Bodson and George Hübner) </li>
<li>Carry Trade Strategies and the Information Content of Credit Default Swaps (Raphael W. Lam and Marco Rossi) </li>
<li>Concepts to Validate Valuation Models (Peter Whitehead) </li>
<li>Beyond VaR: Expected Shortfall and Other Coherent Risk Measures (Andreas Krause) </li>
<li>Model Risk in Credit Portfolio Modeling (Matthias Gehrke and Jeffrey Heidemann) </li>
<li>Asset Allocation under Model Risk (Pauline M. Barrieu and Sandrine Tobolem)</li>
</ul>
This dream team of the masters of risk modeling provides expansive explanations of the types of model risk that appear in risk measurement, risk management, and pricing, as well as market-tested techniques for mitigating risk in loan, equity, and derivative portfolios. The Risk Modeling Evaluation Handbook is the go-to guide for improving or adjusting your approach to modeling financial risk.

The Risk Modeling Evaluation Handbook: Rethinking Financial Risk Management Methodologies in the Global Capital Markets

Hoppe, Christian

Wehn, Carsten S.

Finance

The Handbook of Trading: Strategies for Navigating and Profiting from Currency, Bond, and Stock Markets (McGraw-Hill Financial Education Series)

Corporate Governance and regulatory presssures have been much in the news lately. How they affect the bottom line of corporations has been difficult to quantify, and research is just beginning to be published that addresses this crucial question. This book is the first collection for new research about the impact of takeover regulation and corporate governance on M&amp;A financial results. It will be essential reading to any M&amp;A specialist, an investment banker, a hedge fund manager, a private equity director, or a venture capitalist. Also a must read for financial analysts who follow M&amp;A targets. The book presents research from around the world so it provides a global perspective on this important topic. *The first and only book of research on takeover regulation and corporate governance affecting M&amp;A results *Stands out from all the "How to" books on M&amp;A and M&amp;A disaster books because it provides solid high-quality research on what works and how different decisions affect company and shareholder value *Research provides a guideline for decisionmakers in investment banks, private equity companies, and for financial analysts

Corporate Governance and Regulatory Impact on Mergers and Acquisitions: Research and Analysis on Activity Worldwide Since 1990 (Quantitative Finance)

Renneboog, Luc

Academic Press

Reconsidering Funds of Hedge Funds: The Financial Crisis and Best Practices in Ucits, Tail Risk, Performance, and Due Diligence

This book proposes new methods to value equity and model the Markowitz efficient frontier using Markov switching models and provide new evidence and solutions to capture the persistence observed in stock returns across developed and emerging markets.

Nonlinear Financial Econometrics: Markov Switching Models, Persistence and Nonlinear Cointegration

Pascalau, Razvan

PALGRAVE~MACMILLAN

Market microstructure, the study of financial market frictions at a micro level, helps us refine our understanding of what may be driving market liquidity and provides tools to investors of all stripes to profit from this knowledge. In Stock Market Liquidity, editors and financial experts Francois-Serge Lhabitant and Greg Gregoriou bring together the best minds in the business to address this issue and discuss their thoughts on other innovative topics associated with liquidity in today’s markets.

Stock Market Liquidity: Implications for Market Microstructure and Asset Pricing (Wiley Finance)

Lhabitant, François-Serge

John Wiley&Sons, Inc.

This book consists of chapters by contributors (well-known professors, practitioners, and consultants from large and well respected money management firms within this area) offering the latest research in the OpRisk area. The chapters highlight how operational risk helps firms survive and prosper by givingreaders the latest, cutting-edge techniques in OpRisk management. Topics discussed include: Basel Accord II, getting ready for the New Basel III, Extreme Value Theory, the new capital requirements and regulations in the banking sector in relation to financial reporting (including developing concepts such as OpRisk Insurance which wasn't a part of the Basel II framework). The book further discussed quantitative and qualitative aspects of OpRisk, as well as fraud and applications to the fund industry.

Operational Risk Toward Basel III: Best Practices and Issues in Modeling, Management, and Regulation

wiley

Introducing Data Envelopment Analysis (DEA) -- a quantitative approach to assess the performance of hedge funds, funds of hedge funds, and commmodity trading advisors.  Steep yourself in this approach with this important new book by Greg Gregoriou and Joe Zhu. "This book steps beyond the traditional trade-off between single variables for risk and return in the determination of investment portfolios. For the first time, a comprehensive procedure is presented to compose portfolios using multiple measures of risk and return simultaneously. This approach represents a watershed in portfolio construction techniques and is especially useful for hedge fund and CTA offerings." -- Richard E. Oberuc, CEO, Burlington Hall Asset Management, Inc. Chairman, Foundation for Managed Derivatives Research Order your copy today!

Evaluating Hedge Fund and CTA Performance: Data Envelopment Analysis Approach + CD-ROM

Zhu, Joe

See the best price to sell, buy, or rent books by Gregoriou, Greg N.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Gregoriou, Greg N.