Wiley Finance
1 primary work • 2 total works
Book 432
A cutting–edge text on credit portfolio management
Credit risk. A number of market factors are causing revolutionary changes in the way it is measured and managed at financial institutions. Charles Smithson, author of the bestselling Managing Financial Risk, introduces a portfolio management approach to credit in his latest book. Understanding how to manage the inherent risks of this market has become increasingly important over the years. Credit Portfolio Management provides readers with a complete understanding of the alternative approaches to credit risk measurement and portfolio management. This definitive guide discusses the pricing and managing of credit risks associated with a variety of off–balance–sheet products such as credit default swaps, total return swaps, first–to–default baskets, and credit spread options; as well as on–balance–sheet customized structured products such as credit–linked notes, repackage notes, and synthetic collateralized debt obligations (CDOs). Filled with expert insight and advice, this book is a must–read for all credit professionals.
Charles W. Smithson, PhD (New York, NY), is the Managing Partner of Rutter Associates and Executive Director of the International Association of Credit Portfolio Managers (IACPM). He is the author of five books, including The Handbook of Financial Engineering and Managing Financial Risk (now in its Third Edition).
Credit risk. A number of market factors are causing revolutionary changes in the way it is measured and managed at financial institutions. Charles Smithson, author of the bestselling Managing Financial Risk, introduces a portfolio management approach to credit in his latest book. Understanding how to manage the inherent risks of this market has become increasingly important over the years. Credit Portfolio Management provides readers with a complete understanding of the alternative approaches to credit risk measurement and portfolio management. This definitive guide discusses the pricing and managing of credit risks associated with a variety of off–balance–sheet products such as credit default swaps, total return swaps, first–to–default baskets, and credit spread options; as well as on–balance–sheet customized structured products such as credit–linked notes, repackage notes, and synthetic collateralized debt obligations (CDOs). Filled with expert insight and advice, this book is a must–read for all credit professionals.
Charles W. Smithson, PhD (New York, NY), is the Managing Partner of Rutter Associates and Executive Director of the International Association of Credit Portfolio Managers (IACPM). He is the author of five books, including The Handbook of Financial Engineering and Managing Financial Risk (now in its Third Edition).
An up-to-date guide to credit risk measurement and credit portfolio management Managing Credit Portfolios is a fully revised and updated edition of author Charles Smithson's 2003 title, Credit Portfolio Management. This new book focuses more on the implementation aspects of credit risk, paying special attention to both performance and active management. Smithson takes the time to discuss the implementation, performance measurement, and management of credit risks associated with a variety of loans and off-balance sheet products, such as credit defaults swaps, total return swaps, first-to-default baskets, and credit spread options. He also addresses on-balance sheet customized structure products, including credit-linked notes, repackaged notes, and synthetic collateralized debt obligations (CDOs). Throughout the book, he has included descriptions of the 2007-2008 subprime credit crisis and highlighted the lessons learned. Filled with in-depth insights and expert advice, this book is a must-read reference for those interested in credit derivatives and credit markets. Charles W. Smithson, PhD (New York, NY), is the Founding Partner of Rutter Associates.
He is the author of five books, including the Wiley title Credit Portfolio Management (978-0-471-32415-7).
He is the author of five books, including the Wiley title Credit Portfolio Management (978-0-471-32415-7).