Inflation Risks and Products [Englisch] [Gebundene Ausgabe]

The recent exceptional surge in inflation has been a global phenomenon and has had an important impact on the financial markets across the globe. Inflation risk has become a key priority for financial players. This has led them to focus on inflation related financial products like property derivatives, infrastructure assets and commodities on the connection between inflation and short term-rates. "Inflation Risks and Products: The Complete Guide" explains in detail both the connection of financial instruments with inflation risk, and what are the opportunities in the inflation-linked products today and their strategic application in the future. This multi-contributor book allows you to learn from the sector's foremost experts from investment banks, asset management, hedge funds, debt management, insurance, pension funds and risk management consulting.Presenting you with solid, practical guidance and illustrated with global case studies, "Inflation Risks and Products" will help you to improve your investment and hedging strategies and gain a clear understanding of: the complex relationship between inflation and inflation related products like property derivatives and infrastructure asset and commodities; the products and the development of the fast growing inflation market; how to overcome the challenges of modelling and pricing innovative structured and derivatives inflation products; trading strategies; the latest investment opportunities for hedge funds and asset and liability managers; and the benefits of inflation-linked products for sovereign and corporate issuers. This is essential reading for product structurers, inflation traders, corporate and financial institution treasurers, hedge fund managers, pension funds, asset and liability managers, securitisation professionals, and accounting professionals.

The recent exceptional surge in inflation has been a global phenomenon and has had an important impact on the financial markets across the globe. Inflation risk has become a key priority for financial players. This has led them to focus on inflation related financial products like property derivatives, infrastructure assets and commodities on the connection between inflation and short term-rates. "Inflation Risks and Products: The Complete Guide" explains in detail both the connection of financial instruments with inflation risk, and what are the opportunities in the inflation-linked products today and their strategic application in the future. This multi-contributor book allows you to learn from the sector's foremost experts from investment banks, asset management, hedge funds, debt management, insurance, pension funds and risk management consulting.Presenting you with solid, practical guidance and illustrated with global case studies, "Inflation Risks and Products" will help you to improve your investment and hedging strategies and gain a clear understanding of: the complex relationship between inflation and inflation related products like property derivatives and infrastructure asset and commodities; the products and the development of the fast growing inflation market; how to overcome the challenges of modelling and pricing innovative structured and derivatives inflation products; trading strategies; the latest investment opportunities for hedge funds and asset and liability managers; and the benefits of inflation-linked products for sovereign and corporate issuers.

This is essential reading for product structurers, inflation traders, corporate and financial institution treasurers, hedge fund managers, pension funds, asset and liability managers, securitisation professionals, and accounting professionals.

Brice Benaben is currently a Managing Director and Global Head of Inflation at Deutsche Bank. In the past he was the global head of inflation structuring at ABN AMRO. His team was structuring a wide range of inflation-linked products and innovative solutions for hedge funds, pension funds, corporates, financial institutions, and project finances both in Europe and the USA. He was initially involved in linkers trading as a portfolio manager in the International Finance Corporation (World Bank group) in Washington DC. Then, as head of fixed income and portfolio strategies in Credit Agricole Indosuez (Calyon), he worked with sophisticated investors on risk budgeting frameworks, focusing particularly on inflation strategies within fixed income portfolios. He also advised major European sovereign issuers on various debt management issues; this includes optimising the funding strategies for debt portfolio, mixing nominal and inflation-linked bonds with risk-adjusted cost quantitative models. Brice speaks regularly at conferences and has co-written various papers on asset management and debt management with inflation-linked products. Brice is a graduate of Oxford University, where he studied applied mathematics.Sebastien Goldenberg is Managing Director and Global Head of Inflation-Linked Products at Citi.His teams are trading all inflation-linked bonds, swaps and options and exotics across the globe.He has more than nine years experience in the inflation market, having worked as global head of trading for inflation products at ABN AMRO and having been in charge of inflation trading at Credit Agricole Indosuez in Paris (CALYON). Sebastien a holds Masters degree in applied mathematics and finance from Universite Paris Dauphine and from the French business school, ESSEC.