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Contribution Details

Type Book/Research Monograph
Scope Discipline-based scholarship
Title Property Derivatives: Pricing, Hedging and Applications
Organization Unit
Authors
  • Jürg Syz
Status Published in final form
Language
  • English
Place of Publication Berlin
Publisher Wiley-Blackwell Publishing, Inc.
ISBN 9780470998021
Number of Pages 252
Date 2008
Abstract Text Property derivatives have the potential to revolutionize real estate - the last major asset class without a liquid derivatives market. The new instruments offer ease and flexibility in the management of property risk and return. Property funds, insurance companies, pension and life funds, speculators, hedge funds or any asset manager with a view on the real estate market can apply the new derivatives to hedge property risk, to invest synthetically in real estate, or for portfolio optimization. Moreover, developers, builders, home suppliers, occupiers, banks, mortgage lenders and governmental agencies can better cope with their real estate exposure using property derivatives. This book is a practical introduction to property derivatives and their numerous applications. Providing a comprehensive overview of the property derivatives market and indices, there is also in-depth coverage of pricing, hedging and risk management, which will deepen the readers understanding of the market's mechanisms. Covering both the theoretical and practical aspects of the property derivatives markets; this book is the definitive reference guide to a new and fast-growing market.
Digital Object Identifier 10.1002/9781119208594
Other Identification Number merlin-id:5890
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