Financial markets: portfolio and risk management.

Summary The back cover states: "This book presents the concepts and modern techniques of financial market analysis and their application to portfolio management and, more generally, to risk management. It allows the reader to become familiar with: the institutional and operational framework, efficiency, risk, diversification, the various financial assets and their valuation models, and portfolio management and risk management instruments. This 6th edition, which has been completely updated, sheds new light on a number of topics: liquidity and counterparty risks . changes in financial regulations . financial innovation (high-frequency trading) . credit derivatives and structured products. Written with a constant concern for clarity, emphasizing applications rather than long mathematical demonstrations, and illustrated with numerous examples, this book is intended for both students and finance professionals.