Managing Illiquid Assets : Perspectives and Challenges pdf download

Valuing and managing non-cash assets is a constant concern in financial institutions, even in the so-called “normal” market with low volatility. When markets are volatile, under pressure from liquidity, or during a severe credit crunch, worry can quickly become a full-time occupation. In this new book, the authors cover various aspects of the valuation and ongoing management of non-liquid assets that contribute to this task, including: liquidity risk management perspectives and challenges; External methods and approaches in the literature for valuing non-cash assets; Liquidity issues related to the US mortgage debt market; Key regulatory responses to the financial crisis in liquidity risk management; Key issues related to liquidity risk in the Basel III regime. A new mathematical model for combining liquidity value adjustment for OTC contracts; Best risk management practices; And the limitations of existing risk management systems with respect to the future of risk management. By bringing together the views of experts and specialists in the management of these high-risk and often complex financial assets, all the key issues related to the valuation of non-cash assets are examined.
persian
Managing Illiquid Assets : Perspectives and Challenges pdf download 1ebook.org

Leave a Comment