Investment Risk Management

Abstract

All investments carry with them some degree of risk. In the financial world, individuals, professional money managers, financial institutions, and many others encounter and must deal with risk. Risk management is a process of determining what risks exist in an investment and then handling those risks in the best-suited way. This is important because it can reduce or augment risk depending on the goals of investors and portfolio managers. The main purpose of Investment Risk Management is to provide an overview of developments in risk management and a synthesis of research involving these developments. The book examines ways to alter exposures through measuring and managing those exposures and provides an understanding of the latest strategies and trends within risk management. The scope of the coverage is broad and encompasses the most important aspects of investment risk management. Its 30 chapters are organized into six sections: (1) foundations of risk management, (2) types of risk, (3) quantitative assessment of risk, (4) risk and risk classes, (5) hedging risk and (6) going forward. The book should be of particular interest to sophisticated practitioners, investors, academics, and graduate finance students. Investment Risk Management provides a fresh look at this intriguing but complex subject. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/9780199331963/toc.html Contributors to this volume - David E. Allen H. Kent Baker Harold C. Barnett Philippe Bertrand Elias Boukrami Othmane Boukrami M. Martin Boyer Mark Bradshaw Udo Broll Nicolas Burkler Pilar Grau Carles Ludwig B. Chincarini Martin ?ihak Didier Cossin Aswath Damodaran Ramon P. DeGennaro Chanaka P. Edirisinghe Greg Filbeck Gregg Fisher Felix Gasser Franca Glenzer Hunter M. Holzhauer Claus Huber Norbert J. Jobst Kose John Bjorn Jorgensen Raimund M. Kovacevic Andreas Krause Markus Leippold Monica Marin Sumit Mathur James T. Moser Tim Nguyen Samuel Ouzan Razvan Pascalau Georg Ch. Pflug Alois Pichler Robert J. Powell Simone Raab Samir Saadi Gabriele Sabato Pavel V. Shevchenko Abhay K. Singh Cristian I. Tiu Dimitris Tsouknidis Bert van Lier Peter Welzel Kit Pong Wong Hui Zhu