Class notes - Valuing hard-to-value assets - The author considers some of the lessons learned from the recent credit crisis. In particular, he reflects on the difficulties faced by many institutions in valuing illiquid structured finance instruments, and makes some suggestions on how this process can be improved.
| Year of publication: |
2008
|
|---|---|
| Authors: | Smithson, Charles |
| Published in: |
Risk : managing risk in the world's financial markets. - London : Incisive Financial Publ, ISSN 0952-8776, ZDB-ID 10494753. - Vol. 21.2008, 9, p. 120-122
|