Risk management and measurement are now, without doubt, the hottest topics in the finance world Today, quantifying risk management is not only a management tool — but is also used by regulators for banks and ахрозfinance houses Beyond Value at Risk provides a comprehensive guide to recent developments and existing approaches to VaR and risk management, going beyond traditional approaches to the subject and offering a new, far-reaching perspective on investment, hedging and porбешйщtfolio decision-making The key to this distinctive approach is a new decision rule — the ‘Generalised Sharpe Rule, and its practical applications Beyond Value at Risk provides the answers to key questions, including: How to implement VaR and related systems in the real world; How to make vital investment decisions and estimate their effect; How to make hedging decisions; How to manage a portfolio It offers financial professionals, academics and students comprehensive coveraбпаииge of VaR both in theory and practice Автор Kevin Dowd Kevin Dowd.