All risk management articles – Page 7
-
Special Report
What is risk parity?
All theory is grey, dear friend /And green the golden tree of life. The words of Mephistopheles in the first volume of Goethe’s Faust distinguish academia from the attractions and contradictions of the real world
-
Special Report
Risk parity: Variations on a theme
Risk parity investing can be modified to work better in the current difficult environment
-
Special Report
Tail risk parity
Risk parity approaches can be redesigned to tackle the possibility of extreme market events
-
Special Report
Are risk parity funds staying true to their name?
There is a growing divide between the theory behind risk parity strategies and the investment products on offer
-
Special Report
Risk Parity Funds: Mixed performance despite low volatility targets
Risk parity funds have experienced mixed performance in recent years despite targeting low volatility
-
Special Report
Risk parity strategies making inroads in DC
UK pension schemes are increasingly attracted to risk parity funds. Are trustees and members have enough information to make informed decisions?
-
Special Report
Risk parity cost: The price of protection
How much should a risk parity strategy cost?
-
Special Report
Risk parity and commodity investing
Joseph Mariathasan assesses the role of risk parity strategies in commodities
-
Special Report
Risk parity: The interest rate challenge
Risk parity managers say they are ready to meet the challenge of acute interest rate uncertainty
-
News
OECD calls for standardisation to create tradable longevity market
Think tank says investors must be more comfortable with notion of tradable longevity
-
Special Report
Risk and Portfolio Construction: A corner turned
The consensus is that 2012 saw the trough of the 30-year downdraft in interest rates. Daniel Ben-Ami tests the strength of this conviction and describes the scenarios that could threaten it
-
Special Report
Risk and Portfolio Construction: From solo to tango
As the bond markets move from bullish to bearish, David Turner asks if we need new assumptions about asset class correlations
-
Special Report
Risk and Portfolio Construction: A new era for risk parity
Jennifer Bollen asks whether the end of the bond bull market signals the death of the traditional risk parity model
-
Special Report
Risk and Portfolio Construction: Risk parity preferences
The asset allocation strategy can reduce drawdowns, but doesn’t improve long-term returns, argues Andrew Clare. Moreover, those findings are reversed when risk parity is applied within an asset class
-
Special Report
Risk and Portfolio Construction: Rising interest
Chris Redmond asks whether absolute return bonds could play a bigger role in institutional portfolios
-
Special Report
Risk and Portfolio Construction: Rates of change
To a large extent today the question of what to do in portfolio construction is really a question of what to do about interest rates.
-
Special Report
Risk and Portfolio Construction: Keep calm and carry on
Against the broad consensus that rising bond yields have to be bad for bonds, Charlotte Moore finds that being short duration can be punishing if those yields rise more slowly than the market expects
-
Special Report
Risk and Portfolio Construction: Beefing up the midfield
Investors that need both to limit the volatility of their funding-levels and achieve returns in excess of their liabilities face the twin challenge of low-growth and rock-bottom interest rates. In response, Lynn Strongin Dodds finds them adapting their traditional ‘barbell’ portfolios, albeit slowly, into something more broadly diversified
-
Special Report
Risk and Portfolio Construction: Annus horribilis?
After a 30-year bond bull market and an arguably easy run for risk parity, in 2013 practitioners suddenly found themselves grappling with significant problems in multiple asset classes. Jennifer Bollen asks four leading managers how they coped with the consequences of last summer’s bonds slump
-
Special Report
Risk and Portfolio Construction: All change
Tapan Datta asks how investors can begin to address uncertainty in a rising yield environment, in bond portfolios, multi-asset portfolios and LDI strategies
