improved investment performance. It gives practical guidance to financial service firms and investors to help them understand …

literature dealing with macroeconomic consequences of microeconomic risk management. This book is concerned with the impact of …

others. This statement coincides with the increasing use of arbitrage-related hedge fund strategies whereas it collides with … Werner examines aggregate short sales and convertible bond arbitrage, which is a typical hedge fund strategy that involves a … difference in the trading pattern, information content and resulting impact on stock returns of arbitrage- versus valuation …

Cross-border transactions involve a variety of financial operations, including arbitrage, hedging, speculation … performance of multinational firms. The book aims to provide an integrated treatment of multinational financial operations, whilst …

Chapter 1: Introduction -- Chapter 2: Mechanics of Securitization.-Chapter 3: Securitization Structures.-Chapter 4: A … Historical and Regional Overview of Securitization -- Chapter 5: Effects of Securitization on Banks and the Financial System … -- Chapter 6: Valuation of ABS under Asymmetric Information.-Chapter 7: The Role of Securitization in 2007-2009 Crisis.-Chapter 8 …

academics and professionals from around the world, this book covers in detail issues in securitization, financial risk … management and innovation, structured finance and derivatives, life and non-life pure risk management, market and financial … reinsurance, CAT risk management, crisis management, natural, environmental and man-made risks, terrorism risk, risk modelling …

This book examines the controversial issue of securitization in a global, historical context. It traces its origins and … compares evidence of securitization across countries, linking differences to variations in legal, political, and cultural … regimes. By incorporating the history and current status of securitization (including sources of value and risk) with …