This innovative collection, written by securitization professionalsand edited by finance guru Frank Fabozzi, thoroughly explains thebasics and the mechanics of securitization and shows howsecuritization can help more institutions offer innovativefixed-income products. Further, it discusses the effects of the capital markets onsecuritization and helps financial professionals decide whether ornot to securitize. Filled with strategies and techniques, financialprofessionals will learn how to use float asset-backed offeringsand how to hedge against risk and default.
Book Details:
- Author: Frank J. Fabozzi
- ISBN: 9780470330272
- Year Published: 2001
- Pages: 248
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
This innovative collection, written by securitization professionalsand edited by finance guru Frank Fabozzi, thoroughly explains thebasics and the mechanics of securitization and shows howsecuritization can help more institutions offer innovativefixed-income products. Further, it discusses the effects of the capital markets onsecuritization and helps financial professionals decide whether ornot to securitize. Filled with strategies and techniques, financialprofessionals will learn how to use float asset-backed offeringsand how to hedge against risk and default.
Securitization and structured finance are more than passive instruments of defined properties, they are rapidly changing the face of financial markets. Accessing Capital Markets through Securitization offers investors cutting edge information on these techniques of financial engineering, which will provide investors with improved risk-return outcomes, in turn increasing the potential values of both buyer’s and seller’s assets.
Discusses market innovation in securitization. Describes the interactions of technological changes, the breakdown of financial market boundaries, and the increasing potential volatility of global capital markets. Supplies investors with the basics of securitization. Describes why securitization is attractive to owners of financial assets. Provides strategies and choices in understanding the structure, economics, and risk of securitization. Describes the ongoing structural changes in the financial services industry from many different angles.
About the Author
Frank J. Fabozzi, Ph.D., CFA, is a financial consultant, the editor of the Journal of Portfolio Management, and an Adjunct Professor of Finance at Yale University’s School of Management strategic choices of asset sales; as well as MBS/ABS Loss terminology.