Sponsors must reduce the mismatch risk in their plans as much as their financial position allows.
Plan sponsors want smart passive instead.
Pension plan sponsors and other investors with long time horizons often rely on high allocations to equities to help them achieve their long-term return objectives. However, they may find it difficult to reconcile the volatility of equity markets with the desire to improve their liability matching. One option to address this problem is to consider […]
Value at Risk author, Philippe Jorion to again headline Risk Management Conference.
So huge is the debt load that they’ll need to save 8% of their income for six years just to get down to the 1999 level of 65% (still a record high).
As Canadians approach retirement, they are generally expected to ratchet down the risk level of their portfolios. But a recent survey suggests that the market crash of 2008-2009 has scared many pre-retirees into positions that are far too conservative. According to a survey by Ipsos Reid, Canadians over the age of 50 are holding 25% […]
The post-crisis landscape offers Canadian banks unprecedented opportunities.
Real assets held up during the credit crisis—how will they fare post-crisis?
Newer VaR models allow estimated portfolio volatility to change according to market conditions.
Micro evaluation offers a more intuitive estimation of VaR than modeling.