Book Description

Takes a multifaceted look at the major issues of interest rate risk management, including a controversial new tie-in to risk-based capital. This definitive text inlcudes a review of the major types of risk affecting financial institutions and the critical issues affecting financial institutions and the critical issues affecting risk-based capital, included the impact on asset-liability management. ... Read more

Book Description

The bond market is one of the largest and most important financial markets in the world. For professional investors, building and managing a portfolio of bonds to achieve above-market returns is a continual challenge. In Selected Topics in Bond Portfolio Management, leading experts discuss state-of-the-art strategies for managing indexed, corporate, high-yield, municipal, and global bond portfolios. Each chapter includes questions and answers to enhance the reader's understanding. ... Read more

Book Description

An informative overview of the nature of bonds and the functions of the bond house. ... Read more

Book Description

The revision of this important work contains all new data on thelong-overlooked convertible securities market. It offers invaluable informationon the analytical as well as the statistical tools which investors need to addquality to their investment portfolios. Topics include: convertible securitiesas an asset class and as an alternative investment * market capitalization ofconvertible securities * an overview of the equity warrant market * specialprovisions in the warrant markets * finding undervalued warrants, and more. ... Read more

Reviews (2)

Second-Hand Book-Bin Candidate Extraordinaire
Here is an investment volume screaming for a reason to exist. Since there are now at least a couple of near up-to-the-moment resources on convertible securities information, anyone who picks up a book like this is likely to be looking for some insights or practical advice on how to buy and handle these increasingly complex instruments. If that's what the reader is looking for, s/he won't find it here. So what does one find?

Over the past 2 years I've rummaged through several Noddings books, his work from the 1970s to this present volume, and they're all cliffhangers. That is, Noddings promises to guide you somewhere, and indeed he guides you to the top of a cliff --where he leaves you hanging. Interestingly, the best observations he currently offers concern warrant hedging, which is getting increasingly difficult to do successfully. Thus what's the point of the observations, here? Most of the rest of the book is a bit like looking at an owner's manual for something you don't own, with lots of diagrams and no supporting text/instructions.

Although this is an investment volume screaming for a reason to exist, there is a screaming need for good how-to literature on convertibles and convertible hedging. Noddings should have filled this need decades ago (when he started writing prolifically about this stuff), and might have kept a worthy and useful corner niche to readers hungry to understand this market. Instead, Noddings has a much larger and expanding corner of the second-hand book bin, which is exactly where this volume will go once you've spent about 20 minutes with it.

Not great.
A large proportion of this book is devoted to tables of data that by the time you get round to reading will be well out of date. ...Furthermore, as a relative newcomer to convertibles, I frankly I can't see who would find this book useful. For beginners, it skimps over the details leaving you with the feeling you haven't learned very much and the pages and pages of numbers leave you feeling angry that you've wasted your money. As for the experts, anyone who's actually in the business would know all this stuff already, and would know enough to fill in the gaps (and there are a lot of gaps). Which begs the question: why and for whom was this book written ?!

... ... Read more

Book Description

Offering access to the leading minds of different industries, each essay in these books is written by a different C-level executive from Fortune 500 companies. Their insights provide tips, secrets, and glimpses into the future of each profession or topic. Each book features a list of the best and brightest industry leaders, resulting in all-star casts of respected and revered contributors on each topic. Their business perspectives reveal methods for analyzing markets, increasing worth, motivating teams, establishing goals, strategic planning, building brands, ensuring customer profitability, balancing professional and personal lives, building great relationships, continuing research and education, learning time management, and more. ... Read more

Book Description

A 470 page guide of ratings and analysis providing insight into the financial risk and performance of over 4,300 bond and money market mutual funds.Includes the reliable Weiss Mutual Fund Ratings as well as individual evaluations of each fund's risk andperformance.Also includes each fund's Bear Market/Bull Market scores and a list of the Top Performing Bond Mutual Funds with the lowest risk.Updated quarterly in February (Winter), May (Spring), August (Summer), November (Fall). ... Read more

Book Description

Valuation and Selection of Convertible Bonds offers practical guidelines for selecting convertible bonds and making efficient investment decisions. Based on modern option theory and the most recent developments in investment analysis (including a chapter on Euro-bonds), this sourcebook will prove invaluable to both professional investors and individuals involved with similar financial transactions. ... Read more