Bond Portfolio Investing and Risk Management
1st Edition
Published on 16. September 2010
286 pages
978-0-07-171325-2 (ISBN)
Available for download
Description
Learn the fine art of risk measurement and control-from a senior member of PIMCO!Bond Portfolio Investing and Risk Management is designed for one purpose-to help you do the most important part of your job.A top player in the upper echelon of PIMCO, Vineer Bhansali understands the nuances and complexities of managing risk in fixed-income investing better than anyone. In this highly practical guide, he puts his years of experience and the latest research to work in order to help you contend with such issues as: - Liquidity and stress risks
- Asset allocation
- Market anomalies
- Cross-market relationships
- Tail-risk measurement
- Cyclical returns
- Macroeconomic data
Bond Portfolio Investing and Risk Management details the tools used to offset risk, including their advantages and drawbacks, and explains when to use each one. Bhansali provides practical investment techniques to give you a firm handle on the value and risk of a fixed-income instrument.
- Asset allocation
- Market anomalies
- Cross-market relationships
- Tail-risk measurement
- Cyclical returns
- Macroeconomic data
Bond Portfolio Investing and Risk Management details the tools used to offset risk, including their advantages and drawbacks, and explains when to use each one. Bhansali provides practical investment techniques to give you a firm handle on the value and risk of a fixed-income instrument.
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Vineer Bhansali
Bond Portfolio Investing and Risk Management
Book
10/2010
McGraw-Hill Professional
€117.70
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Content
Section 1: Bond Basics: Treasury bonds and the Yield Curve/Corporate Bonds and Credit Risk/ Derivatives/ Mortgages/ Municipal Bonds/Real Return Bonds; Section 2: Probability Theory and Stochastic Processes: Normal Random Variables/The Central Limit Theory/ The Probability Distribution for Corporate Bonds Returns/ Correlated Random Variables/ Random Walks/Survival Probabilities/ Correlated Random Walks/Simulation; Section 3: Term Structure Models: One Factor Models and Two Factor Models/Bond Prices, Volatilities/Eurodollar Futures/Futures and Forward Contracts/ Macroeconomics and Two Factor Models; Section 4: Options: Call and Put Options on a Stock/The Merton Model/Options on Interest Rate Sensitive Securities; Section 5: Portfolio Allocation: Utility Functions/The Sharpe Ratio/Beyond Mean and Variance/ Value at Risk/ Examples
