This reference is for financial professionals and advanced students and scholars working in asset management trading and risk control of banks and insurance companies. It looks at tensions
revealed by the financial crisis between classical, well-established models and emerging issues in valuation models, derivatives pricing, risk calculation, and managing portfolios. Chapters are
grouped in sections on the need to readjust valuation models even for plain ’vanilla’ derivatives; models for valuation of equities and markets; challenges for risk management, such as default
probabilities and distributional assumptions; investment decisions; new requirements for regulation and accounting; and empirical observations. Wehn is affiliated with DekaBank, Frankfurt.
Hoppe is affiliated with Commerzbank AG Frankfurt. Gregoriou is affiliated with McGill University and the Journal of Derivatives and Hedge Funds. Annotation ©2013 Book News, Inc., Portland, OR
(booknews.com)
