A timely guide to understanding and implementing creditderivatives
Credit derivatives are here to stay and will continue to play arole in finance in the future. But what will that role be? Whatissues and challenges should be addressed? And what lessons can belearned from the credit mess?
Credit Risk Frontiers offers answers to these and otherquestions by presenting the latest research in this field andaddressing important issues exposed by the financial crisis. Itcovers this subject from a real world perspective, tackling issuessuch as liquidity, poor data, and credit spreads, as well as thelatest innovations in portfolio products and hedging and riskmanagement techniques.
* Provides a coherent presentation of recent advances in thetheory and practice of credit derivatives
* Takes into account the new products and risk requirements of apost financial crisis world
* Contains information regarding various aspects of the creditderivative market as well as cutting edge research regarding thoseaspects
If you want to gain a better understanding of how creditderivatives can help your trading or investing endeavors, thenCredit Risk Frontiers is a book you need to read.
Tomasz Bielecki
Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlage Kapitalanlagen u. Wertpapiere