Douglas J. Lucas, Laurie S. Goodman, Frank J. Fabozzi

Collateralized Debt Obligations (eBook, PDF)

Structures and Analysis

• Format: PDF

Produktbeschreibung

Since first edition's publication, the CDO market has seen tremendous growth. As of 2005, $1.1 trillion of CDOs were outstanding -- making them the fastest-growing investment vehicle of the last decade. To help you keep up with this expanding market and its various instruments, Douglas Lucas, Laurie Goodman, and Frank Fabozzi have collaborated to bring you this fully revised and up-to-date new edition of Collateralized Debt Obligations. Written in a clear and accessible style, this valuable resource provides critical information regarding the evolving nature of the CDO market. You'll find in-depth insights gleaned from years of investment and credit experience as well as the examination of a wide range of issues, including cash CDOs, loans and CLOs, structured finance CDOs and collateral review, emerging market and market value CDOs, and synthetic CDOs. Use this book as your guide and take advantage of this dynamic market and its products.

---

Dieser Download kann aus rechtlichen Gründen nur mit Rechnungsadresse in A, B, BG, CY, CZ, D, DK, EW, E, FIN, F, GR, HR, H, IRL, I, LT, L, LR, M, NL, PL, P, R, S, SLO, SK ausgeliefert werden.

Produktdetails

• Verlag: John Wiley & Sons
• Seitenzahl: 528
• Erscheinungstermin: 21. Juni 2006
• Englisch
• ISBN-13: 9780470045312
• Artikelnr.: 37289978

Autorenporträt

DOUGLAS J. LUCAS is Executive Director and Head of CDO Research at UBS. He is also Chairman of The Bond Market Association's CDO Research Committee and ranked top three in CDO research in the Institutional Investor's fixed income analyst survey. Lucas has been involved in the CDO market for nearly two decades, having developed Moody's rating methodology for CDOs in 1989. LAURIE S. GOODMAN, PHD, is Managing Director and co-Head of Global Fixed Income Research at UBS. She manages U.S. Securitized Products and Treasury/Agency/Derivatives Research. Goodman has worked on Wall Street for over twenty years and is well regarded by the investor community, having won more #1 slots on the Institutional Investor All-American Fixed Income Team than any other analyst. FRANK J. FABOZZI, PHD, CFA, CPA, is an Adjunct Professor of Finance and Becton Fellow at Yale University's School of Management and a Fellow of the International Center for Finance. Fabozzi is the Editor of the Journal of Portfolio Management.

Inhaltsangabe

Preface. About the Authors. PART ONE: INTRODUCTION TO CASH CDOs. CHAPTER 1:
Cash CDO Basics. CHAPTER 2: Cash Flow CDOs. PART TWO: LOANS AND CLOs.
CHAPTER 3: High-Yield Loans: Structure and Performance. CHAPTER 4. European
Bank Loans and Middle Market Loans. PART THREE: STURCTURED FINANCE CDOs AND
COLLATERAL REVIEW. CHAPTER 5: Review of Structured Finance Collateral:
Mortgage-Related Products. CHAPTER 6: Review of Structured Finance
Collateral: Nonmortgage ABS. CHAPTER 7: Structured Finance Default and
Recovery Rates. CHAPTER 8: Structured Finance Cash Flow CDOs. PART FOUR:
OTHER TYPES OF CASH CDOs. CHAPTER 9: Emerging Market CDOs. CHAPTER 10:
Market Value CDOs. PART FIVE: SYNTHETIC CDOs. CHAPTER 11: Introduction to
Credit Default Swaps and Synthetic CDOs. CHAPTER 12: Synthetic Balance
Sheet CDOs. CHAPTER 13: Synthetic Arbitrage CDOs. CHAPTER 14: A Framework
for Evaluating Trades in the Credit Derivatives Market. CHAPTER 15:
Structured Finance Credit Default Swaps and Synthetic CDOs. PART SIX:
DEFAULT CORRELATION.. CHAPTER 16: Default Correlation: The Basics. CHAPTER
17: Empirical Default Correlations: Problems and Solutions. PART SEVEN: CDO
EQUITY. CHAPTER 18: Why Buy CDO Equity? CHAPTER 19: CDO Equity Returns and
Return Correlation. PART EIGHT: OTHER CDO TOPICS. CHAPTER 20: Analytical
Challenges in Secondary CDO Market Trading. CHAPTER 21: The CDO Arbitrage.
CHAPTER 22: How to Evaluate a CDO and Manage a CDO Portfolio. CHAPTER 23:
Quantifying Single-Name Risk Across CDOs. CHAPTER 24: CDO Rating
Experience. INDEX.