Inflation-Linked Products: A Guide for Investors and Asset & Liability Managers (Bloomberg Financial)

This multi-author book presents the global phenomenon of inflation-linked products. You will benefit from the experience of 24 industry experts who explain the surge of interest in inflation-linked government bonds and the full range of securities and derivatives that have been created to meet the growing demand from pension funds and other investors. Inflation-Linked Products: A Guide for Investors and Asset & Liability Managers addresses the salient points concerning the investor and issuer. Learning from the experience of industry experts – including Brice Benaben, Benoît Coeuré, Bob Litterman, Darius Mirfendereski, Dan Bernstein, Etienne Koehler and more – from various industries, such as investment banks, asset management, hedge funds, debt management, insurance, pension funds and risk management consulting – you will gain an excellent understanding of: - The products and the development of the fast growing inflation market. - How to overcome the challenges of modelling and pricing innovative structured and derivatives products. - Trading strategies. - The latest investment opportunities for hedge funds and asset & liability managers. - Hedging strategies and their use as an efficient tool for pension funds and insurance companies. - The benefits of inflation-linked products for sovereign and corporate issuers. Inflation-Linked Products presents you with solid, practical guidance written with one aim: to quickly and effectively improve your investment and hedging strategies. The book covers recent product development (for example, inflation derivatives and options) and the opportunities for long-term investors & liability managers. It clearly focuses on the issues you face and presents you with workable solutions to many of your most frequently encountered challenges – effectively demonstrating how inflation products can be structured and used successfully. This indispensable volume explains how inflation-linked products are used for profit today, and their strategic application in the future. It is essential reading for: product structurers, inflation traders, corporate and financial institution treasurers, hedge funds, pension funds, asset & liability managers, securitisation professionals and accounting professionals.