Professional Perspectives on Fixed Income Portfolio Management (Frank J. Fabozzi Series)

Rating:
Summary: Excellent Update to a Classic
Review: By reading the previous reviews - I assume they are discussing previous Volumes of this excellent new resource.
This is a comprehensive and up-to-date review of the some of the most complex issues facing professionals in both the
traditional and hedge fund management industries.
Of particular note are the chapters on the CDS Basis - this is the first 'complete' discussion of the reasons and practical issues related to trading CDS and also the chapter on Valuation of CDS adds some new analytics to a practitioner's toolbox.
As bond markets become more transparent and derivative-based - this book provides the details for less quantitative shops to keep up with the market.

Rating:
Summary: Disappointing
Review: Fabozzi was the "editor" of this volume but he offered no comment or introduction. Some of the articles appeared to have been hastily written. The articles in the book are so brief and inadequate, and yet the book contains no suggested further readings or bibliography. Given the book's disappointing quality and brevity (262 pages), I strongly object to its price of 75 US dollars. I have seen better books with Fabozzi's name on them.

Rating:
Summary: Excellent Update to a Classic
Review: Fabozzi was the "editor" of this volume but he offered no comment or introduction. Some of the articles appeared to have been hastily written. The articles in the book are so brief and inadequate, and yet the book contains no suggested further readings or bibliography. Given the book's disappointing quality and brevity (262 pages), I strongly object to its price of 75 US dollars. I have seen better books with Fabozzi's name on them.

Rating:
Summary: Useful and worth owning
Review: I own both volumes of Prof Prosp on FIPM and plan to buy the third one as well as soon as it becomes available. With as many books that Fabozzi edits, I don't expect him to do a foreword--his job is to pull together the experts and I think he's done that well. I think the book does a good job of hitting the key issues, and offering a comprehensive overview. It's worth having on the shelf, especially in conjunction with the next volume.