The fixed income markets in emerging countries represent a new and potentially lucrative area of investment for professionals. But along with the possibility of big returns, there is much greater risk. The Handbook of Emerging Fixed Income and Currency Markets shows investors how to identify solid investment opportunities in these markets, assess the risk potential, and develop an investment approach to ensure long-range profits. Featuring contributions from leading experts around the world, this book provides a comprehensive and authoritative guide to these exciting new markets.
Book Details:
- Author: Frank J. Fabozzi
- ISBN: 9780470330227
- Year Published: 1997
- Pages: 235
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
The fixed income markets in emerging countries represent a new and potentially lucrative area of investment for professionals. But along with the possibility of big returns, there is much greater risk. The Handbook of Emerging Fixed Income and Currency Markets shows investors how to identify solid investment opportunities in these markets, assess the risk potential, and develop an investment approach to ensure long-range profits. Featuring contributions from leading experts around the world, this book provides a comprehensive and authoritative guide to these exciting new markets.
1. Introduction – Frank J. Fabozzi and Alberto Franco 2. Emerging Fixed Income and Local Currency: An Investment Management View – Luis R. Luis 3. Integrating Emerging Market Bonds into a Global Portfolio – Steven I. Dym 4. Local Fixed Income Instruments in Latin America – Marcelo Castro and Efstathia Pilarinu Guide to the U.S. High-Yield arket for Corporate Emerging 5. 5. Market Issuers and Investors – Joseph Bencivenga 6. Sovereign Credit Ratings: A Primer – David T. Beers and Marie Cavanaugh 7. 7. Rating the Transition Economies – Helena Hessel 8. Challenges in the Credit Analysis of Emerging Market Corporate Bonds – Christopher Taylor 9. Relative Value Concepts within the Eurobond Market – Peter J. Carril 10. Price Sensitivity and Risk Measures for Brady Bonds – Steven Dym 11. Local Fixed Income Arbitrage – Marcelo Castro and Efstathia Pilarinu 12. The Emerging Markets Repo Market – Jonathan S. Cooper 13. The Economics of Retiring Brady Debt – Robert S. Gay 14. Infrastructure and Project Financing in Emerging Markets – Paul G. McKeon 15. Exchange Rate Mechanisms in Emerging Markets – Daniel Barkan and Jonathan Silber 16. Options on Exotic Currencies – Alastair W. Sloan
About the Author
Frank J. Fabozzi 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. Alberto Franco is a Senior Managing Director at Bankers Trust Company.