State-of-the-art techniques and tools needed to facilitate effective credit portfolio management and robust quantitative credit analysis Filled with in-depth insights and expert advice, Active Credit Portfolio Management in Practice serves as a comprehensive introduction to both the theory and real-world practice of credit portfolio management. eBook Details. Active Credit Portfolio Management in Practice. In this detailed field guide, they lay out the steps for actually implementing approaches to ACPM in today's dynamic business environment and discuss how financial institutions of all sizes can benefit from more prudent use of quantitative credit and portfolio management. Anna Schneebeli is Senior Credit Portfolio Manager in the Credit Portfolio Analytics group of Credit Risk Management at Credit Suisse in Zurich. In 1997, he started in the financial sector and changed to the credit methodology division at Deutsche Bank in 1999 where his main duties comprised portfolio modelling and structured credit products. Filled with in-depth insights and expert advice, Active Credit Portfolio Management in Practice serves as a comprehensive introduction to both the theory and real-world practice of credit portfolio management. And since differentiating the usefulness of models is key to effective system implementation, Bohn and Stein have dedicated an entire chapter to model validation. November 2016, Amazing book and the best part is learning this stuff right from the author/professor at NYU. Dr. Fredrik Akesson heads the Credit Portfolio Analytics team at Credit Suisse in Zurich since mid of 2008. Previously, he co-led Moody's KMV's (MKMV's) Global Research group and led MKMV's Credit Strategies group. Um die Gesamtbewertung der Sterne und die prozentuale Aufschlüsselung nach Sternen zu berechnen, verwenden wir keinen einfachen Durchschnitt. Prime-Mitglieder genießen Zugang zu schnellem und kostenlosem Versand, tausenden Filmen und Serienepisoden mit Prime Video und vielen weiteren exklusiven Vorteilen. Our Price: $175.00. Es liegen 0 Rezensionen und 0 Bewertungen aus Deutschland vor, Entdecken Sie jetzt alle Amazon Prime-Vorteile. ISBN: 978-3-527-50198-4. There was a quick response and I had the item in hand within 5 days. Preise inkl. Zugelassene Drittanbieter verwenden diese Tools auch in Verbindung mit der Anzeige von Werbung durch uns. The introduction of the euro in 1999 marked the starting point of the development of a very liquid and heterogeneous EUR credit market, which exceeds EUR 350bn with respect to outstanding corporate bonds. The introduction of the euro in 1999 marked the starting point of the development of a … This work features invaluable real-life insights into the developing area of active credit portfolio management (ACPM) from a team of Credit Suisse authors. This work features invaluable real-life insights into the developing area of active credit portfolio management (ACPM) from a team of Credit Suisse authors. Reader Ratings: (0 reviews) >>> Click here to rate or review this item. Its content comprises of three main parts: The framework for managing credit risks, Active Credit Portfolio Management in practice and Hedging techniques and toolkits. Jochen Felsenheimer, Philip Gisdakis, Michael Zaiser. USt. Dieser Artikel kann nicht per 1-Click® bestellt werden. It equips you with the tools and techniques needed for success in your own credit portfolio management. Um die Gesamtbewertung der Sterne und die prozentuale Aufschlüsselung nach Sternen zu berechnen, verwenden wir keinen einfachen Durchschnitt. As a result, the concept of “active portfolio credit risk management” has become important in recent years. Wählen Sie die Kategorie aus, in der Sie suchen möchten. Finden Sie hilfreiche Kundenrezensionen und Rezensionsbewertungen für Active Credit Portfolio Management: A Practical Guide to Credit Risk Management Strategies auf Amazon.de. The goal of this active credit portfolio management (ACPM) approach is to achieve a risk-return optimal portfolio composition instead of pursuing the conventional transaction-oriented approach, whereby bank loans are statically held until maturity or default. ISBN: 978-3-527-50198-4. Januar 2013. Credit Portfolio Management (CPM) denotes a set of principles, tools, processes that underpin the management of Credit Portfolios (collections of credit assets). Wiederholen Sie die Anforderung später noch einmal. Wählen Sie ein Land/eine Region für Ihren Einkauf. He finished his Diploma in Theoretical Physics at the University of Karlsruhe and holds a PhD in Mathematics from the University of Bochum. ISBN: 978-3-527-50198-4 March 2006 581 Pages. Sie hören eine Hörprobe des Audible Hörbuch-Downloads. Christian Bluhm heads the Credit Portfolio Management unit of Credit Suisse's Credit Risk Management department in Zurich. You submitted the following rating and review. Stefan BenvegnA' heads the Portfolio Credit Risk Measurement & Steering sector at Credit Suisse in Zurich. It will be of interest to anyone involved in credit management including credit traders in investment banks and risk managers. Active Credit Portfolio Management von Jochen Felsenheimer, Philip Gisdakis, Michael Zaiser (ISBN 978-3-527-50198-4) bestellen. Bohn and Stein are two of the great innovators in quantitative credit risk, who translated theory into commercial implementation and introduced many of the measurement and validation methods currently used in practice today. From the Back Cover . Lesen Sie ehrliche und unvoreingenommene Rezensionen von unseren Nutzern. For liquid credit risks, market-leading banks have already moved away from the classical buy-and-hold paradigm towards Active Credit Portfolio Management (ACPM). Bücher bei Weltbild.de: Jetzt Active Credit Portfolio Management von Jochen Felsenheimer versandkostenfrei bestellen bei Weltbild.de, Ihrem Bücher-Spezialisten! Free delivery on qualified orders. Write your review . in HypoVereinsbank's Group Credit Portfolio Management in Munich. Jochen Felsenheimer, Philip Gisdakis, Michael Zaiser. Hinzufügen war nicht erfolgreich. He recently coauthored a book on instruments and methods for credit risk transfer.Dr. I bought it and then e-mailed the owner to see if I would be able to get it asap. Wir verwenden Cookies und ähnliche Tools, um Ihr Einkaufserlebnis zu verbessern, um unsere Dienste anzubieten, um zu verstehen, wie die Kunden unsere Dienste nutzen, damit wir Verbesserungen vornehmen können, und um Werbung anzuzeigen. Schnelle Lieferung, auch auf Rechnung - lehmanns.de He holds a diploma in physics and a PhD in high energy physics from the university of Bonn. Before he joined Credit Suisse in 2005 he was a project manager and a physics group leader at CERN in Geneva.Dr. Before joining Credit Suisse in 2004 he worked for three years in the Credit Portfolio Management group at UBS AG in Zurich. Theory is illustrated with practical application. 0. and credit portfolio management – across loan, bond and credit derivative markets – is increasingly complex. Read an Excerpt . April 2009, Insightful, encyclopedic reference from two market innovators, Rezension aus den Vereinigten Staaten vom 7. The authors have written a text that is technical enough both in terms of background and implementation to cover what practitioners and researchers need for actually applying these types of risk management tools in large organizations but which at the same time, avoids technical proofs in favor of real applications. Prior to joining Credit Suisse in 2005 he worked for the Department of Banking at the University of Munster where he examined in his dissertation the impact of bargaining power in financial contracting. Wählen Sie ein Land/eine Region für Ihren Einkauf. One of the longest-standing investing debates is over the relative merits of active portfolio management versus passive management. Everyday low prices and free delivery on eligible orders. This book will also serve as a valuable reference for academics interested in current developments in ACPM. He finished his Diploma in Business Administration at the Black Forest University Villingen-Schwenningen and is a CFA Charterholder.Dr. Active credit portfolio management started to accelerate really about [four] years ago with the development of the credit derivatives market…” quote: RISK Magazine, May 2006. Active Credit Portfolio Management in Practice presents a framework for understanding and selectively implementing effective credit risk management and credit portfolio management systems—one which can help organizations better position themselves in this evolving environment. Read Active Credit Portfolio Management: A Practical Guide to Credit Risk Management Strategies book reviews & author details and more at Amazon.in. Today, this trend also applies to semi-liquid and even illiquid credit portfolios. The defining characteristic of credit portfolio management activities is that Credit Riskis assessed and managed not on a standalone basis but in an aggregate, portfolio, setting. This hands-on guide provides you with: a set of goals and measurable achievements for your ACPM efforts; a solid self-contained quantitative toolkit needed for your daily business of credit portfolio management, applicable to portfolio analysis as well as in hedging and investment decision-making; a range of techniques used by major banks in modern credit portfolio management including new and not widely known techniques such as a pricing component based on the so-called 'cost-to-securitise'; learning points including challenges and 'words of caution' based on real-life experience gained by the team of authors in their daily business; tips for dealing with common problems associated with active credit portfolio management; special guidance on the treatment of illiquid credit portfolios; and, an outlook regarding potential future expectations of ACPM.This book is recommended reading for anyone actively managing credit portfolios, especially portfolio managers in banks and other financial institutions such as insurance companies and funds. 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