Systemic Liquidity Risk and Bipolar Markets: Wealth Management in Today's Macro Risk On/Risk Off Financial Environment

by Clive M. Corcoran

The dramatic and well chronicled crisis of 2007/8 marked a watershed moment for all stakeholders in global capital markets. In the aftermath, financial markets have become even more tightly coupled as correlations in returns across multiple asset classes have been at historically elevated levels. Investors and fund managers are, to a much larger degree than previously and often much more than they realize, subject to the risk of severe wealth destruction...

• Format: Hardcover
• Language: English
• ISBN: 1118409337
• ISBN13: 9781118409336
• Release Date: January 2013
• Publisher: Bloomberg Press
• Length: 351 Pages
• Weight: 1.75 lbs.
• Dimensions: 1.2" x 6.7" x 9.6"