INDICE: Foreword Illustration concept Introduction 1 Derivative financial instruments 1.1 Introduction 1.1.1 Definition and overview 1.1.2 Background andhistory 1.1.3 The advantages of derivative financial instruments 1.1.4 Transaction themes 1.2 Forwards and futures 1.2.1 Forward contracts 1.2.2 Futures contracts 1.2.3 Differences between forwards and futures 1.2.4 Pricing 1.3 Swaps1.3.1 Basic types 1.3.2 Swap replication 1.3.3 Swap valuation 1.4 Options 1.4.1 Forms of trading 1.4.2 Payoff profiles 1.4.3 Options strategies 1.4.4 Factors influencing option pricing 1.4.5 Put-call parity 1.4.6 Replication 1.4.7 Option pricing 1.4.8 Greek letters 1.4.9 Exotic options 1.5 Summary recap 1.6 Additional reading 2 Structured products 2.1 Introduction 2.2 What are structured products? 2.2.1 Definition 2.2.2 Overview 2.3 Certificates 2.3.1 Index certificates 2.3.2 Basket certificates 2.3.3 Distinctions between structured products and mutual funds 2.3.4 Innovative developments 2.4 Products with maximum return 2.4.1 Discount certificates 2.4.2 Reverse convertibles 2.4.3 Innovative developments 2.5 Capital protected products 2.5.1 Plain-vanilla capital protected products 2.5.2 Innovative developments 2.6 The market for structured products 2.6.1 Parties involved 2.6.2 The lifecycle of structured products 2.7 Summary recap 2.8 Additional reading 3 The investment process 3.1 Introduction 3.2 Overview of the investment process 3.3 Investor analysis 3.3.1 The concept of risk/return classes 3.3.2 The investor analysis 3.4 Strategic asset allocation(SAA) 3.4.1 Definition of investment segments 3.4.2 Determining strategic weightings 3.5 Tactical asset allocation (TAA) 3.6 Implementation within the portfolio 3.6.1 The core/satellite approach 3.6.2 Portfolio management 3.7 Reporting 3.7.1 Performance reporting 3.7.2 Risk reporting 3.8 Summary recap 3.9 Additional reading 4 The use of structured products in asset management 4.1 Introduction 4.2 The deployment of structured products within core portfolios 4.2.1 Creating a core portfolio of conventional investments 4.2.2 Tactical optimization of the core portfolio 4.3 The deployment of structured products within satellite portfolios 4.4 Currency management using derivative financial instruments 4.5 Reporting 4.5.1 Nominal versus effective exposure: 'unbundling' 4.5.2 Effective exposure 4.5.3 Value-at-risk 4.6 Summary recap Concluding remarks Index of charts and figures Key word index Authors
- ISBN: 978-0-470-82330-9
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 400
- Fecha Publicación: 01/07/2008
- Nº Volúmenes: 1
- Idioma: Inglés