Asset and Risk Management by Louis Esch, Robert Kieffer, Thie... - 9780471491446

Asset and Risk ManagementRisk Oriented Finance\nAuthor(s): Louis Esch, Robert Kieffer, Thierry Lopez\nPublisher: John Wiley & Sons Inc, United States\nImprint: John Wiley & Sons Inc\nISBN-13: 9780471491446, 978-0471491446\nSynopsis\nThe aim of this book is to study three essential components of modern finance Risk Management, Asset Management and Asset and Liability Management, as well as the links that bind them together. It is divided into five parts:\n\nPart I sets out the financial and regulatory contexts that explain the rapid development of these three areas during the last few years and shows the ways in which the Risk Management function has developed recently in financial institutions.\nPart II is dedicated to the underlying theories of Asset Management and deals in depth with evaluation of financial assets and with theories relating to equities, bonds and options.\nPart III deals with a central theory of Risk Management, the general theory of Value at Risk or VaR,A