FRM Part II Book 4: Risk Management and Investment Management; Current Issues in Financial Markets (2015 SchweserNotes)

Kaplan, Inc., 2015. — 218 p. — ISBN 978-1-4754-3115-5.The final in the eight books set designed to prepare for the GARP FRM Exam (2015).Contents:Portfolio construction.Portfolio Risk: Analytical methods.VaR and risk budgeting.Risk Monitoring and Performance Measurement.Portfolio Performance Evaluation.Illiquid assets.Hedge Funds.Performing due diligence.Clearinghouse overconfidence.High frequency trading and its impact on Markets.Controlling risk in a lighting-speed trading environment.How do exchanges control the risk of High speed trading?Report on cyber security in the banking sector.The changing landscape for derivatives.Valuing derivatives: funding value adjustments and fair value.Self test.