Overview

This text discusses in detail quantitative and qualitative approaches in the investment process. The analysis of individual trades is just a part of smart portfolio management and this book explores the broader insights behind successful trading. Several key trade types are analyzed plus their relevant tools. The continuing significance of derivatives and credit diversification to bond investors is further examined in this analysis of the market.

Full Product Details

Author:   F. Hagenstein ,  Tim Bangemann
Publisher:   Palgrave Macmillan
Imprint:   Palgrave Macmillan
Dimensions:   Width: 14.00cm , Height: 1.70cm , Length: 21.60cm
Weight:   0.465kg
ISBN:  

9780333993682

ISBN 10:   0333993683
Pages:   230
Publication Date:   15 April 2002
Audience:   Professional and scholarly ,  Professional and scholarly ,  Professional & Vocational ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

ACTIVE DIVERSIFICATION OF FIXED-INCOME PORTFOLIOS The Investment Process and Benchmark Selection Tactical Allocation and its Building Blocks Top-down Approach for a Euroland Portfolio DURATION MANAGEMENT Factors Influencing Duration Management Decision-Making Methods for Duration YIELD CURVE MANAGEMENT Market Directionality of Yield Curves Barbell Analysis Strips Rolldown Analysis Box Trade Analysis BASIS MANAGEMENT Cheapest-to-Deliver Analysis Delivery Option Calendar Spreads Portfolio Replication VOLATILITY MANAGEMENT Volatility and Yields Yield Volatility Option Risk Parameters Efficient Gamma Trading Options Markets and Economic Data Releases CREDIT MANAGEMENT Introduction Characteristics of Corporate Bonds The Top-Down Approach Merton's Approach to Evaluating a Corporate Bond Market Drivers of Credit Spreads Efficient Frontiers and the Sharpe Ratio Industry Selection The Bottom-Up Approach Indentures of Corporate Bonds Corporate Bonds and Defaults

Reviews

Author Information

FRANK HAGENSTEIN is Head of Credit Fund Management at Union-Investment, Germany. - DR. TIM BANGEMANN is a Government Bond Trader at UBS Warburg, London.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions