Frank Fabozzi teams up with Bruce Collins to outline the ins and outs of the derivatives process for equity investors in Derivatives and Equity Portfolio Management. A significant investment tool of growing interest, derivatives offer investors options for managing risk in a diversified portfolio. The book integrates the derivatives process into portfolio management and is replete with applications from an author with extensive Wall Street experience. The authors explain the key topics of this tool for investors and portfolio managers seeking to improve their investment returns. Subjects included in this in-depth guide include: listed equity contracts; using listed options in equity portfolio management; risk management with stock index futures; OTC equity derivatives.
Book Details:
- Author: Bruce M. Collins
- ISBN: 9780470327968
- Year Published: 1999
- Pages: 230
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
Frank Fabozzi teams up with Bruce Collins to outline the ins and outs of the derivatives process for equity investors in Derivatives and Equity Portfolio Management. A significant investment tool of growing interest, derivatives offer investors options for managing risk in a diversified portfolio. The book integrates the derivatives process into portfolio management and is replete with applications from an author with extensive Wall Street experience. The authors explain the key topics of this tool for investors and portfolio managers seeking to improve their investment returns. Subjects included in this in-depth guide include: listed equity contracts; using listed options in equity portfolio management; risk management with stock index futures; OTC equity derivatives.
1. Introduction 2. Listed Equity Options and Futures 3. Using Listed Options in Equity Portfolio Management 4. The Basics of Option Pricing 5. Pricing Stock Index Futures 6. Arbitrage Trades with Stock Index Futures 7. Basis and Spread Trading with Stock Index Futures 8. Hedging with Stock Index Futures 9. Asset Allocation with Stock Index Futures 10. Overview of OTC Equity Derivatives 11. Applications of Equity Derivatives to Portfolio Management 12. Pricing Issues with OTC Options
About the Author
Bruce M. Collins is an Associate Professor of Finance at Western Connecticut State University. Dr. Collins has held positions such as Vice President and the head of equity derivatives products research at Lehman Brothers and the First Boston Corporation. More recently, he has served as a financial consultant on the markets and asset performance has. Dr. Collins has also written extensively on equity investment strategies and equity derivatives. His articles have appeared in The Financial Analysts Journal. Dr. Collins earned a PhD in Financial Economics from Fordham University. Frank J. Fabozzi is editor of the Journal of Portfolio Management and an Adjunct Professor of Finance at Yale University’s School of Management. Frank is a Chartered Financial Analyst and Certified Public Accountant. He is on the board of directors of the Guardian Life family of funds and the BlackRock complex of funds. He earned a doctorate of economics from the City University of New York in 1972 and in 1994 received an honorary doctorate of Human Letters from Nova Southeastern University. Frank is a Fellow of the International Center for Finance at Yale University.