内容简介
Booksoncomplexhedginginrumentsareoftenmoreconfusingthantheinrumentsthemselves."HedgingInruments&RiskManagement"bringsclaritytothetopic,givingmoneymanagerstheraightforwardknowledgetheyneedtoemployhedgingtoolsandtechniquesinfourkeymarkets--equity,currency,fixedincome,andmortgage.Usingreal-worlddataandexamples,thishigh-levelbookshowspractitionershowtodevelopacommonsetofmathematicalandatiicaltoolsforhedginginvariousmarketsandthenoutlinesseveralhedgingrategieswiththehioricalperformanceofeach.
作者简介
PatrickCusatis,Ph.D.isanassiantprofessoroffinanceatPennateUniversityatHarrisburgandaprincipalatAppliedFinancePartners,LLC.Hewasformallyaninvementbankerandderivativesportfoliomanagerandhasconsultedtomanyfinancialinitutionsandmunicipalities.HeisthecoauthorofMunicipalDerivativeSecurities:UsesandValuationandreetsmartGuidetoValuingaock.MartinThomas,Ph.D.isaprincipalatAppliedFinancePartners,LLC.HeisanExecutiveinResidenceatDrexelUniversitywhereheteachesgraduatecoursesinFinanceintheLeBowCollegeofBusiness.Aformerfinancialservicesexecutive,hehasextensiveexpertisehelpingcompaniestodevelopvalue-basedapproachestofinancialdecisionmaking.