A Value Investing-Based Approach to Catastrophe Bonds and Tail Risk Hedging
21 Pages Posted: 11 Mar 2015
Date Written: March 9, 2015
This paper is a compilation of two articles that were written on the subject of catastrophe bond valuation (Part 1 of the paper) and tail risk hedging (Part 2 of the paper) from a value investing perspective. The paper presents a practical introduction to these topics that was written to the value-oriented readership of Marc Faber’s popular investment periodical, "The Gloom, Boom & Doom Report" in 2013 and 2014.
Keywords: Catastrophe Bonds, Risk Management, Hedging
JEL Classification: D81, G10, G11
Suggested Citation: Suggested Citation