Credit Derivative Strategies
Details the state-of-the-art techniques for picking credit hedge funds, analysing event risk and identifying relative value opportunities, allowing investors and traders to exploit the current explosion in credit derivatives trading.
In the past two years, trading in credit derivatives — deals that transfer credit risk between parties — has doubled to US$10 billion per day. This market explosion is being driven by professional investors and loan managers at banks, insurance companies, hedge funds, corporations and third-party asset managers who use credit derivatives to generate income and to hedge against risk. Everyone from Alan Greenspan to Warren Buffet has an opinion on how credit derivatives are changing markets.
In the decade since the credit derivatives market started, financial professionals have become more sophisticated than most of the books on the subject. Credit Derivative Strategies closes the gap, with state-of-the-art techniques for picking credit hedge funds, analyzing event risk, identifying relative value opportunities and choosing synthetic CDOs (securities created from loan portfolios).
REVIEWS :Hardback, 288 Pages, Dimensions 234 x 156 MM Language English.
Investment strategies;
Risk management strategies;
Pricing and valuation;
Product Catalogue
Rohan Douglas, editor of this volume, is the founder and CEO of Quantifi Inc. He has more than twenty years of experience in the global financial industry. Prior to founding Quantifi, he was the director of global credit derivatives research at Salomon Smith Barney.
During his ten years at Salomon, he also worked in interest rate derivatives, emerging markets, and global fixed income and was responsible for postgraduate recruiting for fixed income research in New York. Douglas is also an adjunct professor at Polytechnic University in New York and teaches in the financial engineering graduate program.