DUBLIN--(BUSINESS WIRE)--
Research and Markets (http://www.researchandmarkets.com/research/hrcq62/risk_budgeting)
has announced the addition of the "Risk
Budgeting, Second Edition: Risk Appetite and Governance in the Wake of
the Financial Crisis" book to their offering.
This fully updated and revised second edition of the best-selling guide
Risk Budgeting expands upon the first edition, continuing to provide a
road map for more effective risk allocation and better return per unit
of risk taken. This edition reflects in particular the growing focus on
risk appetite and governance in the risk budgeting environment.
The second edition of Risk Budgeting expands upon its original themes to
encompass risk appetite and risk governance, the importance and
visibility of which have increased exponentially in the wake of the
financial crisis.
While risk budgeting was just emerging as a best practice for pension
funds and asset managers when the first edition was published in 2000,
there have been many developments since, the prime example being the
2007/8 financial crisis, which cast a shadow over the quantitative
techniques and tools used to mitigate and budget for risk up until that
point. As Leslie Rahl herself says in the book's Introduction, the years
subsequent to the crisis (which also saw the collapse of Bear Stearns,
the bankruptcy of Lehman Brothers, and the federal takeover of Fannie
Mae) fundamentally changed the landscape of risk management to such a
degree that the original methods of approaching risk have become
obsolete.
Key Topics Covered:
Introduction by Leslie Rahl and Peter Niculescu
Chapter 1 - Risk Governance and Risk Appetite Statements
Chapter 2 - Value-at-Risk: a dissenting opinion
Chapter 3 - Holistic Risk Budgeting
Chapter 4 - Theory of Risk Budgeting
Chapter 5 - Risk Budgeting for Active Investment Managers. The Green
Zone: Assessing the Quality of Returns
Chapter 6 - Pension Funds and Incentive Compensation: A Story Based on
the Ontario Teachers' Experience
Chapter 7 - Risk Budgeting for Banks
Chapter 8 - Risk Budgeting in the Evolution of Insurance Company Risk
Management
Chapter 9 - Hedge Fund Risk Budgeting
Chapter 10 - Private Equity Risk Budgeting
For more information visit http://www.researchandmarkets.com/research/hrcq62/risk_budgeting
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S.
Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking
and Financial Services
Source: Research and Markets
| Copyright: | Copyright Business Wire 2012 |
| Wordcount: | 365 |
