Description
GLOBAL INVESTMENT RISK MANAGEMENT outlines hands-on systems, policies, and procedures to help you make the most of the returns available in in a foreign country markets, whilst keeping closer track of the risks–not only those risks you’ll see but those you cannot. This practical guide to understanding and managing all aspects of international investment risk–from currency and equity risk to interest rate and commodity risk–includes: When, how, and why to use futures, options, swaps, and customized derivatives; Emerging markets investment strategies that can assist you seize ground-floor opportunities–whilst hedging against financial meltdowns; Cautionary tales of mega-billion dollar investment debacles–and how they could have been have shyed away from; Long-term global diversification strategies from asset allocation pioneer Roger C. Gibson; Steps to design a detailed risk management program that fits your institution’s risk and investment objectives; A detailed introduction and explanation of Value at Risk (VaR); Internet resources for valuable and cost-free global investment risk management information. Combining the knowledge and experience of 20 of the world’s foremost global investment experts, GLOBAL INVESTMENT RISK MANAGEMENT is the first guidebook that explains–in practical and easy-to-consider language–how to consider and hedge against everpresent international investment risks. It’ll allow you to expand the boundaries of your investment program, ensuring that your organization makes full use of the world of investment opportunities, whilst sensibly and strategically hedging against international investment risks. Contributors include: David Beers. Vinod Chandrashekaran. Jason Cook. Christopher L. Culp. Ray Dalio. Roger C. Gibson. Steve H. Hanke. Joanne M. Hill. Michael J. Howell. Richard Johnston. Ira G. Kawaller. Ron Mensink. Ranga Nathan. Andrea M.P. Neves. Todd E. Petzel. Steven A. Schoenfeld. Istvan Szoke. Lee Thomas. Maria E. Tsu. Richard Vogel. Ezra Zask