Risk
Seeing systemic risks
William Burckart and Brian Tomlinson discuss why systems-level thinking and evolving portfolio management beyond conventional approaches is the way of the future.
William Burckart and Brian TomlinsonApril 19, 2021
Research
Systemic tail risk
A research paper by executives at the Dutch Central Bank, De Nederlandsche Bank, examines tail risk, and shows that historical tail betas are able to capture the sensitivity to future systematic tail risk. The paper can be downloaded here Systemic tail risk
Amanda WhiteJanuary 31, 2014
Investor Profile
UMR: growth from government bonds?
“We have to move faster than our competitors,” says the chief executive of French retirement fund Union Mutualiste Retraite, Charles Vaquier. It is a phrase that you can hear uttered by business leaders at all sectors and levels, but one that institutional investors rarely emphasise. In chatting about its investment strategy, it soon becomes apparent […]
Dan BillinghamJanuary 30, 2013
Research
US Department of Treasury surveys systemic risk
Part of the mandate given to US regulators by the Dodd Frank Act is to measure and monitor systemic risk, but more than one risk measure is needed to capture the complex and adaptive nature of the financial system. The Office of Financial Research, part of the US Department of Treasury, has put together a […]
Uncategorised posts
Former SEC head hits out at Dodd-Frank
Former head of the US Securities Exchange Commission, Harvey L Pitt, has one simple piece of advice for investors wondering if, a year after the sweeping Dodd-Frank reforms were enacted, regulation has been adequately strengthened to avoid another financial crisis.
SAM RILEYDecember 21, 2011
Uncategorised posts
No rewards as systemic risk and turbulence ratings soar
The market is reflecting a high state of systemic risk and turbulence, and investors should adjust their allocation to growth assets accordingly, says Lucas Turton, chief investment strategist of Windham Capital Management.
Amanda WhiteOctober 19, 2011