Victor Wong
- Features
The unknown hedge fund fat tail
Victor Wong finds investors are beginning to appreciate the potential scale of losses from quantitative hedge fund strategies
- Features
Practical flaws in the liability-driven theory
Victor Wong argues for a more realistic view of LDI. It may not solve all of a pension scheme's cashflow worries but can nevertheless be an effective tool in managing asset/liability mismatch risks
- Features
Crowding out enterprise annuity pensions
Victor Wong argues that, with China's basic pension system under increasing pressure, the enterprise annuity programme may be a casualty