Financial
Risk
Management
Philippe Jorion and Sarkis Khoury
March 1995
Hardback, 272 pages, ISBN: 1-55786-591-4
Publisher: Blackwell
238 Main Street, Cambrdige, MA 02142
Phone: (617) 547-7110
Fax: (617) 547-0789
To order: (800) 366-6151
Summary
This book is about the global management of financial risks.
Unlike other texts, it takes an integrated approach to the topic,
and provides
an in-depth coverage of interest-rate risk, stock-portfolio risk
and exchange-rate risk.
Because we believe in a global approach risk management, we have written
the first textbook which, to our knowledge, provides a detailed
coverage of international investment methods, including security and
currency selection, and of the effect of barriers to capital movements.
This shows that domestic investment is a subset of
the global asset allocation decision, and also that it impossible
to evaluate the risk of domestic securities without reference to
international factors.
Audience:
Advanced MBA courses in investment and portfolio management
Table of Contents
Chapter I. Overview
Chapter II. The Fixed-Income Market: Nature and Dynamics
Chapter III. Interest Risk Management: Hedging Assets and Liabilities
Chapter IV. The Foreign Exchange Market: Nature and Dynamics
Chapter V. Currency Risk Management: Hedging and Speculating
with Options and Futures
Chapter VI. Portfolio Diversification: Domestic Dimensions
Chapter VII. Portfolio Diversification: International Dimensions
Chapter VIII. The Search for Higher Returns: Anomalies
Philippe Jorion