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Risk management and financial institutions /
Further Reading; Practice Questions and Problems (Answers at End of Book); Further Questions; Part One Financial Institutions and Their Trading; 2 Banks; 2.1 Commercial Banking; 2.2 The Capital Requirements of a Small Commercial Bank; 2.2.1 Capital Adequacy; 2.3 Deposit Insurance; 2.4 Investment Ban...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
John Wiley & Sons, Inc.,
[2018]
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| Edición: | Fifth edition. |
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Intro; Risk Management and Financial Institutions; Contents in Brief; Contents; Business Snapshots; Preface; New Material; Slides; Questions and Problems; Instructor Material; Acknowledgments; 1 Introduction; 1.1 Risk vs. Return for Investors; 1.1.1 Quantifying Risk; 1.1.2 Investment Opportunities; 1.2 The Efficient Frontier; 1.3 The Capital Asset Pricing Model; 1.3.1 Assumptions; 1.3.2 Alpha; 1.4 Arbitrage Pricing Theory; 1.5 Risk vs. Return for Companies; 1.5.1 Bankruptcy Costs; 1.5.2 Financial Institutions; 1.5.3 Regulation; 1.6 Risk Management by Financial Institutions; 1.7 Credit Ratings.
- Practice Questions and Problems (Answers at End of Book)Further Questions; 3 Insurance Companies and Pension Plans; 3.1 Life Insurance; 3.1.1 Term Life Insurance; 3.1.2 Whole Life Insurance; 3.1.3 Variable Life Insurance; 3.1.4 Universal Life; 3.1.5 Variable-Universal Life Insurance; 3.1.6 Endowment Life Insurance; 3.1.7 Group Life Insurance; 3.2 Annuity Contracts; 3.3 Mortality Tables; 3.4 Longevity and Mortality Risk; 3.4.1 Longevity Derivatives; 3.5 Property-Casualty Insurance; 3.5.1 CAT Bonds; 3.5.2 Ratios Calculated by Property-Casualty Insurers; 3.6 Health Insurance.
- 3.7 Moral Hazard and Adverse Selection3.7.1 Moral Hazard; 3.7.2 Adverse Selection; 3.8 Reinsurance; 3.9 Capital Requirements; 3.9.1 Life Insurance Companies; 3.9.2 Property-Casualty Insurance Companies; 3.10 The Risks Facing Insurance Companies; 3.11 Regulation; 3.11.1 United States; 3.11.2 Europe; 3.12 Pension Plans; 3.12.1 Are Defined Benefit Plans Viable?; Summary; Further Reading; Practice Questions and Problems (Answers at End of Book); Further Questions; 4 Mutual Funds, ETFs, and Hedge Funds; 4.1 Mutual Funds; 4.1.1 Index Funds; 4.1.2 Costs; 4.1.3 Closed-End Funds.
- 4.2 Exchange-Traded Funds4.3 Active vs. Passive Management; 4.4 Regulation; 4.5 Hedge Funds; 4.5.1 Fees; 4.5.2 Incentives of Hedge Fund Managers; 4.5.3 Prime Brokers; 4.6 Hedge Fund Strategies; 4.6.1 Long/Short Equity; 4.6.2 Dedicated Short; 4.6.3 Distressed Securities; 4.6.4 Merger Arbitrage; 4.6.5 Convertible Arbitrage; 4.6.6 Fixed Income Arbitrage; 4.6.7 Emerging Markets; 4.6.8 Global Macro; 4.6.9 Managed Futures; 4.7 Hedge Fund Performance; Summary; Further Reading; Practice Questions and Problems (Answers at End of Book); Further Questions; 5 Trading in Financial Markets; 5.1 The Markets.