Life settlements and longevity structures : pricing and risk management /

Recent turbulence in the financial markets has highlighted the need for diversified portfolios with lower correlations between the different investments. Life settlements meet this need, offering investors the prospect of high, stable returns, uncorrelated with the broader financial markets. This bo...

Full description

Bibliographic Details
Main Author: Aspinwall, Jim
Other Authors: Chaplin, Geoff, Venn, Mark
Format: eBook
Language:English
Language Notes:English.
Published: Chichester, U.K. : Wiley, 2009.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Recent turbulence in the financial markets has highlighted the need for diversified portfolios with lower correlations between the different investments. Life settlements meet this need, offering investors the prospect of high, stable returns, uncorrelated with the broader financial markets. This book provides readers of all levels of experience with essential information on the process surrounding the acquisition and management of a portfolio of life settlements; the assessment, modelling and mitigation of the associated longevity, interest rate and credit risks; and practical approaches.
Physical Description:1 online resource (ix, 264 pages) : illustrations
Format:Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:Includes bibliographical references and index.
ISBN:9781119206446
1119206448
9780470746899
0470746890
0470684852
9780470684856
9786613372413
6613372412