Wealth Management by Dimitris N. Chorafas
Look inside with Google Book Preview
Wealth Management
By Dimitris N. Chorafas

Wealth Management

Private Banking, Investment Decisions, and Structured Financial Products

By (author) See other recent books by Dimitris N. Chorafas
Format: Hardback

Normal Price: $145.00
Your Price: $130.50 AUD, inc. GST
Shipping: $7.95 per order
You Save: $14.50! (10% off normal price)
Plus...earn $6.52 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply, Not for Xmas



Wealth Management by Dimitris N. Chorafas

Book Description

This book has two themes: Private Banking and investment decisions regarding Structural Financial Products. Dr. Dimitris Chorafas examines in a rigorous way whether structured financial products are advisable investments for retail and institutional investors and, if yes, which risks they entail. As our society becomes increasingly affluent, and state-supported pension schemes find it difficult to survive, a growing number of high net-worth individuals, and families, have become retail investors - looking for ways and means to optimize wealth management, and Private Banking deals with these sorts of clients. Private banking also deals with clients that are institutional investors, such as pension funds, mutual funds, and insurance companies, as well as not-for-profits, foundations and companies explicitly set up for wealth management. Both institutional and retail investors are being offered by the banks they work with structured products. Typically, these are securities that provide them with a redemption amount, with may be either with full or partial capital protection, and some type of return. The book examines structured financial products, their polyvalent nature, and the results which could be expected from them. Return on structural instruments, which are essentially derivatives, is paid in function of a specific investment strategy on selected underlying asset(s). This essentially means on the performance of the underlyings, obtained by asset managers, which may be banks or hedge funds, through purchase or sale of embedded options. But there are risks. Both risk and return from structured products are related to three main issues: the volatility of future value of an underlying, the uncertainty of future events, and the exposure of the product. Every type of investment is subject to market forces, and the more leveraged a portfolio is, the greater will probably be both the assumed risk and the expected reward. The fact that structured financial products appeal, or at least are being marketed, to both retail investors and institutional investors makes the dual approach deliberately chosen in this book most advisable. This book addresses all these issues in a practical manner with numerous case studies and real-world examples drawn from the author's intensive research. *Because it is based on intensive research, the book is rich in practical examples and case studies *Addresses the growing trend towards the use of structured financial instruments in private banking *Thorough treatment of structured financial products that keeps maths to a minimum

Buy Wealth Management book by Dimitris N. Chorafas from Australia's Online Bookstore, Boomerang Books.


Book Details

ISBN: 9780750668552
ISBN-10: 0750668555
Format: Hardback
(234mm x 165mm x 28mm)
Pages: 352
Imprint: Butterworth-Heinemann Ltd
Publisher: Elsevier Science & Technology
Publish Date: 1-Nov-2005
Country of Publication: United Kingdom

Books By Author Dimitris N. Chorafas

Financial Cycles by Dimitris N. Chorafas Financial Cycles, Hardback (March 2015)

Chorafas argues that to overcome the more narrow limits of the business cycle, we need to go beyond its traditional six to seven year focus and address the longer term.

Business Efficiency and Ethics by Dimitris N. Chorafas Business Efficiency and Ethics, Hardback (December 2014)

Business Efficiency and Ethics presents both the theory of business efficiency and ethics, and a wealth of case studies based on practical experience. This unique perspective offers a framework for identifying this behaviour and reestablishing appropriate business behavior standards.

Banks, Bankers, and Bankruptcies Under Crisis by Dimitris N. Chorafas Banks, Bankers, and Bankruptcies Under Crisis, Hardback (July 2014)

Banks, Bankers, and Bankruptcies Under Crisis uses case studies of failed banks, banks that would have failed without taxpayer intervention, and in some cases banks obliged to merge under government pressure, to better understand global banking today.

Changing Role of Central Banks by Dimitris N. Chorafas Changing Role of Central Banks, Hardback (September 2013)

The Changing Role of Central Banks derives lessons from current economic and financial challenges as well as failures in confronting them. Through this approach, it brings under perspective political and social reactions to major economic problems of the last ten years, particularly those pertaining to money and initiatives taken by central banks.

» View all books by Dimitris N. Chorafas

Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Wealth Management book by Dimitris N. Chorafas and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review


Author Biography - Dimitris N. Chorafas

Since 1961, Dr Dimitris N. Chorafas has advised financial institutions and industrial corporations in strategic planning, risk management, computers and communications systems, and internal controls. A graduate of the University of California, Los Angeles, the University of Paris, and the Technical University of Athens, Dr Chorafas has been a Fulbright scholar. Financial institutions which have sought his assistance include the Union Bank of Switzerland, Bank Vontobel, CEDEL, the Bank of Scotland, Credit Agricole, sterreichische L nderbank (Bank Austria), First Austrian Bank, Commerzbank, Dresdner Bank, Mid-Med Bank, Demir Bank, Banca Nazionale dell'Agricoltura, Istituto Bancario Italiano, Credito Commerciale and Banca Provinciale Lombarda. Among multinational corporations Dr Chorafas has worked as consultant to top management, are: General Electric-Bull, Univac, Honeywell, Digital Equipment Corp, Olivetti, Nestl , Omega, Italcementi, Italmobiliare, AEG-Telefunken, Olympia, Osram, Antar, Pechiney, the American Management Association and host of other client firms in Europe and the United States. Dr Chorafas has served on the faculty of the Catholic University of America and as visiting professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology. Also, the University of Alberta, Ecole d'Etudes Industrielles de l'Universit de Gen ve, and Technical University of Karlsruhe. More than 6,000 banking, industrial and government executives have participated in his seminars in the United States, England, Germany, other European countries, Asia and Latin America.

Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Dimitris N. Chorafas close
Financial Cycles by Dimitris N. Chorafas
Business Efficiency and Ethics by Dimitris N. Chorafas
Banks, Bankers, and Bankruptcies Under Crisis by Dimitris N. Chorafas
Changing Role of Central Banks by Dimitris N. Chorafas
Breaking Up the Euro by Dimitris N. Chorafas
Household Finance by Dimitris N. Chorafas
Basel III, the Devil and Global Banking by Dimitris N. Chorafas
Sovereign Debt Crisis by Dimitris N. Chorafas
Cloud Computing Strategies by Dimitris N. Chorafas
Risk Pricing by Dimitris N. Chorafas
Capitalism without Capital by Dimitris N. Chorafas
Financial Boom and Gloom by Dimitris N. Chorafas
Introduction to Derivative Financial Instruments: Bonds, Swaps, Options and Hedging by Dimitris N. Chorafas
Risk Accounting and Risk Management for Accountants by Dimitris N. Chorafas
Risk Management Technology in Financial Services by Dimitris N. Chorafas
Stress Testing for Risk Control Under Basel II by Dimitris N. Chorafas
Strategic Business Planning for Accountants by Dimitris N. Chorafas
IFRS, Fair Value and Corporate Governance by Dimitris N. Chorafas
Management of Bond Investments and Trading of Debt by Dimitris N. Chorafas
Management of Equity Investments by Dimitris N. Chorafas
»
BoomerangBooks.com.au close