Kai Rudolph is Senior Credit Portfolio Manager at Credit Suisse in Zurich. Wählen Sie ein Land/eine Region für Ihren Einkauf. CAD $239.00. Es liegen 0 Rezensionen und 0 Bewertungen aus Deutschland vor, Entdecken Sie jetzt alle Amazon Prime-Vorteile. This book carefully lays the background for these topics (and some others). Hinzufügen war nicht erfolgreich. Prime-Mitglieder genießen Zugang zu schnellem und kostenlosem Versand, tausenden Filmen und Serienepisoden mit Prime Video und vielen weiteren exklusiven Vorteilen. 1. by on November 14, 2020. Carsten Knecht is Senior Credit Portfolio Manager in the Credit Portfolio Analytics group of Credit Risk Management at Credit Suisse (CS) in Zurich. Preise inkl. Credit portfolio management (CPM) is a key function for banks (and other financial institutions, including insurers and institutional investors) with large, multifaceted portfolios of credit, often including illiquid loans. And since differentiating the usefulness of models is key to effective system implementation, Bohn and Stein have dedicated an entire chapter to model validation. He holds a diploma in physics and a PhD in high energy physics from the university of Bonn. Active Credit Portfolio Management: A Practical Guide to Credit Risk Management Strategies. The models and systems their teams have developed are in use in hundreds of large and small financial institutions worldwide. Wählen Sie ein Land/eine Region für Ihren Einkauf. I bought it and then e-mailed the owner to see if I would be able to get it asap. One of the longest-standing investing debates is over the relative merits of active portfolio management versus passive management. Viele übersetzte Beispielsätze mit "active portfolio management" – Deutsch-Englisch Wörterbuch und Suchmaschine für Millionen von Deutsch-Übersetzungen. Written by a team of authors working in Credit Suisse's Credit Portfolio Management Unit in Zurich, this book offers you invaluable real-life insights into this developing area of credit portfolio management.It presents you with the latest thinking about ACPM, starting with a discussion of the various organisational frameworks and potential mandates for an ACPM unit, explaining mathematical concepts underlying portfolio management activities, elaborating investment and hedging cases and corresponding business cases and finally ending with fresh thoughts on the so-called 'cost-to-securitise' as a valuable component in a pricing framework for illiquid credit risks. Read an Excerpt . Lesen Sie ehrliche und unvoreingenommene Rezensionen von unseren Nutzern. This work features invaluable real-life insights into the developing area of active credit portfolio management (ACPM) from a team of Credit Suisse authors. It equips you with the tools and techniques needed for success in your own credit portfolio management. eBook Details. Active Credit Portfolio Management. Active Credit Portfolio Management A Practical Guide to Credit Risk Management Strategies by Jochen Felsenheimer, Philip Gisdakis and Michael Zaiser Product code: 23107 ISBN: 3527501983, ISBN13: 9783527501984, 582 pages, hardback Published by John Wiley & Sons, 1st edition, 2005 Description of… Read an Excerpt Chapter (PDF) Preface (PDF) Table of Contents (PDF) Index (PDF) Description . Sie hören eine Hörprobe des Audible Hörbuch-Downloads. Momentanes Problem beim Laden dieses Menüs. Description. Before he joined Credit Suisse in 2005 he was a project manager and a physics group leader at CERN in Geneva.Dr. 581 pages. Active Credit Portfolio Management (ACPM) 16 Framework at 30,000 Feet 19 Building Blocks of Portfolio Risk 23 Using PDs in Practice 32 Value, Price, and Spread 34 Defining Default 38 Portfolio'Performance Metrics 38 Data and Data Systems 42 Review Questions 43 CHAPTER 2 ACPM in Practice 45 Bank Valuation # 50 Organizing Financial Institutions: Dividing into Two Business Lines 52 … Stattdessen betrachtet unser System Faktoren wie die Aktualität einer Rezension und ob der Rezensent den Artikel bei Amazon gekauft hat. The book is a valuable, up to date guide for portfolio management practitioners. It will be of interest to anyone involved in credit management including credit traders in investment banks and risk managers. Review feedback? Bitte versuchen Sie es erneut. 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. 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. Financial institutions without the infrastructure to measure, monitor, and manage their credit exposure run the risk of sudden and large credit losses. He started his banking career in the Credit Risk Analytics department of Deutsche Bank. Um die Gesamtbewertung der Sterne und die prozentuale Aufschlüsselung nach Sternen zu berechnen, verwenden wir keinen einfachen Durchschnitt. Geben Sie es weiter, tauschen Sie es ein, © 1998-2020, Amazon.com, Inc. oder Tochtergesellschaften, Active Credit Portfolio Management in Practice, Übersetzen Sie alle Bewertungen auf Deutsch, Lieferung verfolgen oder Bestellung anzeigen, Recycling (einschließlich Entsorgung von Elektro- & Elektronikaltgeräten). ACPM implementation has its challenges but by leveraging Basel II implementation efforts, banks can … It is a rich comfortable read for those with some exposure but wanting insight into the what and why of these models. Geben Sie es weiter, tauschen Sie es ein, © 1998-2020, Amazon.com, Inc. oder Tochtergesellschaften. The authors' Website provides additional software tools in the form of Excel spreadsheets, Matlab code and S-Plus code. Um die Gesamtbewertung der Sterne und die prozentuale Aufschlüsselung nach Sternen zu berechnen, verwenden wir keinen einfachen Durchschnitt. Active Credit Portfolio Management von Jochen Felsenheimer, Philip Gisdakis, Michael Zaiser (ISBN 978-3-527-50198-4) bestellen. Finden Sie alle Bücher, Informationen zum Autor, State-of-the-art techniques and tools needed to facilitate effective credit portfolio management and robust quantitative credit analysis, Diesen Roman kann man nicht aus der Hand legen…. Lieferung verfolgen oder Bestellung anzeigen, Recycling (einschließlich Entsorgung von Elektro- & Elektronikaltgeräten). Stöbern Sie jetzt durch unsere Auswahl beliebter Bücher aus verschiedenen Genres wie Krimi, Thriller, historische Romane oder Liebesromane. In Stock Hardcover CAD $239.00. 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. The book also contains supplemental material to complement it and facilitate its use for either classroom instruction or self-study. Stattdessen betrachtet unser System Faktoren wie die Aktualität einer Rezension und ob der Rezensent den Artikel bei Amazon gekauft hat. 581 pages . Active Credit Portfolio Management in Practice presents a framework for understanding and selectively implementing effective credit risk management and credit portfolio management systemsone which can help organizations better position themselves in this evolving environment. In particular, each chapter ends with review questions and exercises. Availability: On order, usually ships in 3-7 business days. 0. Januar 2013. Quantity: Select type: Hardcover. 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. Weitere. Wiley Finance (Book 384) Thanks for Sharing! Weitere Informationen finden Sie auf dieser Seite: Nachdem Sie Produktseiten oder Suchergebnisse angesehen haben, finden Sie hier eine einfache Möglichkeit, diese Seiten wiederzufinden. Ihre zuletzt angesehenen Artikel und besonderen Empfehlungen. ISBN: 978-3-527-50198-4. Further to his PhD he holds a MSc in Economics and Finance from the Warwick Business School and a Diploma in Economics from the University of Konstanz.Dr. Active Credit Portfolio Management in Practice "This is an excellent book written by two authors who have a wealth of credit modeling experience." practicing active credit portfolio management, there is not a singular business model employed by the various types of financial institutions who have developed credit portfolio management groups. 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. Nevertheless, the chapters are structured in such a way that readers currently lacking a background in portfolio management or credit risk will quickly get to grips with these topics. April 2009, Insightful, encyclopedic reference from two market innovators, Rezension aus den Vereinigten Staaten vom 7. 149 6.2.2 Economic Treatment of Hedging and Securitizations . Jochen Felsenheimer, Philip Gisdakis, Michael Zaiser. It equips you with the tools and techniques needed for success in your own credit portfolio management. Reader Ratings: (0 reviews) >>> Click here to rate or review this item. Credit Portfolio Management (CPM) denotes a set of principles, tools, processes that underpin the management of Credit Portfolios (collections of credit assets). Free delivery on qualified orders. Amazon.in - Buy Active Credit Portfolio Management: A Practical Guide to Credit Risk Management Strategies book online at best prices in India on Amazon.in. His main duties are the evaluation and implementation of value adding risk transfer measures for optimising the credit portfolio's risk/return profile. Active Credit Portfolio Management - A Practical Guide To Credit Risk Management Strategies By: Felsenheimer, Jochen; Gisdakis, Philip; Zaiser, Michael. Anna Schneebeli is Senior Credit Portfolio Manager in the Credit Portfolio Analytics group of Credit Risk Management at Credit Suisse in Zurich. OK, close 0. Finden Sie hilfreiche Kundenrezensionen und Rezensionsbewertungen für Active Credit Portfolio Management: A Practical Guide to Credit Risk Management Strategies auf Amazon.de. This book draws from the wealth of their experience and knowledge and is a masterful overview of single obligor default probability models (structural, econometric, reduced form), model validation, and portfolio models. Additional informationincluding source codeis located on the authors' companion Web site: www.creditrisklib.com. In passive management, investors expect a return that closely replicates the investment weighting and returns of a benchmark index and will often invest in an index fund Außerdem analysiert es Rezensionen, um die Vertrauenswürdigkeit zu überprüfen. Jochen Felsenheimer, Philip Gisdakis, Michael Zaiser. Juni 2011. (in Deutschland bis 31.12.2020 gesenkt). Today, this trend also applies to semi-liquid and even illiquid credit portfolios. The ACPM approach enables a more profitable management of credit risks, based on a risk/return-oriented active management of tailor-made hedging and investment measures with a focus on economic risk transfer, diversification, capital efficiency and profitable leverage. in HypoVereinsbank's Group Credit Portfolio Management in Munich. With almost twenty years of experience in the credit arena, authors Jeffrey Bohn and Roger Stein are well versed in both the theory and practice of active credit portfolio management (ACPM). November 2016, Amazing book and the best part is learning this stuff right from the author/professor at NYU. Stefan BenvegnA' heads the Portfolio Credit Risk Measurement & Steering sector at Credit Suisse in Zurich. Prior to his position at Credit Suisse he worked in market risk and credit risk departments at Bayerische Landesbank in Munich. Prior to that he was responsible for Structured Finance Analytics (CDOs, ABS, RMBS, etc.) Bernd Hofmann is Senior Credit Portfolio Manager in the Credit Portfolio Consulting group of Credit Risk Management at Credit Suisse (CS) in Zurich. Active Credit Portfolio Management in Practice. Dieser Artikel kann nicht per 1-Click® bestellt werden. He holds a Master of Business Research, MBR and a PhD in Finance from the Munich School of Management. Buy Active Credit Portfolio Management: A Practical Guide to Credit Risk Management Strategies by Felsenheimer, Jochen, Gisdakis, Philip, Zaiser, Michael (ISBN: 9783527501984) from Amazon's Book Store. Active Credit Portfolio Management in Practice (Wiley Finance Editions), (Englisch) Gebundene Ausgabe – 21. Sie hören eine Hörprobe des Audible Hörbuch-Downloads. Bitte versuchen Sie es erneut. He started as a credit analyst for regional banks in Germany. and credit portfolio management – across loan, bond and credit derivative markets – is increasingly complex. Nur noch 1 auf Lager (mehr ist unterwegs). September 2010. Filled with in-depth insights and expert advice, Active Credit Portfolio Management in Practice opens with an informative introduction to credit analysis, credit portfolio management, and a number of organizational issues associated with ACPM in practice. Dr. Fredrik Akesson heads the Credit Portfolio Analytics team at Credit Suisse in Zurich since mid of 2008. USt. Mar 2006. Active management (also called active investing) refers to a portfolio management strategy where the manager makes specific investments with the goal of outperforming an investment benchmark index or target return. He finished his Diploma in Business Administration at the Black Forest University Villingen-Schwenningen and is a CFA Charterholder.Dr. Despite numerous advances in the world of creditranging from new methods for analyzing, managing, and trading credit risk to innovations in the structure of and markets for bank loans, bonds, and credit derivativesthere is still much room for improvement. This book presents state-of-the-art techniques and tools that are needed to facilitate effective credit portfolio management and robust quantitative credit analysis. As active participants in each of these markets, credit portfolio managers today are frequently facing a variety of issues for the first time. Ich möchte dieses Buch auf dem Kindle lesen. The introduction of the euro in 1999 marked the starting point of the development of a … Nachdem Sie Produktseiten oder Suchergebnisse angesehen haben, finden Sie hier eine einfache Möglichkeit, diese Seiten wiederzufinden. He holds a diploma in business mathematics from the University of Leipzig.Dr. Je nach Lieferadresse kann die USt. 8 Agenda What is credit portfolio management and why is it important Quantitative risk models The basic parameters of credit risk models and financial institutions’ capital requirements. CREDIT PORTFOLIO MANAGEMENT AT THE TAIL END OF THE CREDIT CYCLE SURVEY GOAL IACPM Members share their views on the state of CPM today, their priorities, goals and objectives, and how the practice is evolving and expanding in terms of structure, reporting, tools and its role in the enterprise. Wählen Sie eine Sprache für Ihren Einkauf. A Guide to Active Credit Portfolio Management: Spotlight on Illiquid Credit Risks, (Englisch) Gebundene Ausgabe – 31. 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