Systemic liquidity risk and bipolar markets wealth management in todays macro risk on/risk off financial environment
The dramatic and well chronicled crisis of 2007/8 marked a watershed moment for all stakeholders in global capital markets. In the aftermath, financial markets have become even more tightly coupled as correlations in returns across multiple asset classes have been at historically elevated levels. I...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Chichester, West Sussex :
John Wiley & Sons
c2013.
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| Edición: | 1st ed |
| Colección: | Bloomberg (UK)
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009849110406719 |
| Sumario: | The dramatic and well chronicled crisis of 2007/8 marked a watershed moment for all stakeholders in global capital markets. In the aftermath, financial markets have become even more tightly coupled as correlations in returns across multiple asset classes have been at historically elevated levels. Investors and fund managers are, to a much larger degree than previously and often much more than they realize, subject to the risk of severe wealth destruction. The ultimate hazard, which is not adequately characterized by the widely touted notion of tail risk, is the systemic risk which arises wh |
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| Notas: | Description based upon print version of record. |
| Descripción Física: | 1 online resource (365 p.) |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9781118818459 9781118410806 9781283869416 9781118410752 |
