Fixed-income investment
Subtitle: recent research
By: edited by Thomas S.Y. Ho.
Contributors: Ho, Thomas S. Y.; GAT Fixed-Income Conference (2nd : 1993 : Tucson, Ariz.)
Publisher: Irwin Professional Pub.
Published: 1995
Place of publication: Burr Ridge, Ill
Language: eng
Number of pages: 229
Subjects: Fixed-income securities -- United States; Investments -- United States
Description: Fixed-income Investment brings you the recent research about fixed-income securities, including advances in investment technologies. Managers of investment portfolios and asset/liability managers will find these insights invaluable in today's volatile investment climate.

Here is a probing look of the latest risk valuation and analysis techniques, including stochastic models of prepayments along interest rate paths, decomposition of option-embedded securities into their "primitive" parts, a consistent framework for evaluating corporate debt and equity.

Fixed-income Investment also examines new approaches to structured portfolio management, including how pathwise immunization helps standardize the behavior of portfolios under different interest-rate scenarios, bond dynamic hedging using a return attribution system, optimization techniques combined with stochastic horizon analysis and more.
Notes: Includes bibliographical references.
"Proceedings from the second annual GAT conference."
"The GAT Fixed-Income Conference, held in Tucson, Arizona, in 1993"--Pref.