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Two senior executives with BlackRock, a money management and risk advisory firm here, have written a new book on approaches to risk management in the capital markets.
In Risk Management: Approaches for Fixed Income Markets, Bennett Golub and Leo Tilman, a managing director and director at BlackRock respectively, outline ways that portfolio managers can make better investment decisions.
The book addresses topics such as measuring interest rate exposure, measuring yield curve risk, measuring basis risk, and measuring mortgage-related risks. It also helps people understand the process of modeling yield curve ...