Portfolio Stress Testing

The Fundamentals of Market Crises: Avoiding a Financial Black Hole

Advisers should be forming judgments about the likelihood of developing market crises and discussing them with clients. Although markets regularly…

Why benchmark selection is a form of client communication

Many advisers use collective investment funds for their clients’ investment needs. In many cases, these are managed relative to some…

Investment portfolio stress-testing

Recent events have demonstrated to advisers, clients, and wealth managers that risk remains ever-present. Beyond the challenges and implications of…

Downside protection: how to stress-test portfolio diversification

Different aspects of portfolio stress-testing have been explored in previous articles, including general overviews; classification; detail on specific approaches; setting…

Value-at-Risk: lets explore what it really means

Advisers need to be able to assess portfolios and fund risks for their clients. Market risk is often seen as…

Stress-testing P1 portfolios

Assessing portfolio risks is never straightforward, and extreme asset moves can negatively impact portfolios in ways which may not be…

The alchemy of risk (and communicating risk to clients)The alchemy of risk (and communicating risk to clients)

In this article Dr Quintin Rayer looks at issues around risk in financial products; the risk of the form may…

Implementing a Portfolio Stress-testing Programme

In previous articles, Quintin Rayer gave an overview of portfolio stress-testing, what it can and cannot do, offered a definition,…

Testing Ground

Quintin looks at how stress testing can help estimate portfolio impacts with restructuring to limit the downside. With guidance, advisers…

Artificial portfolio stress-testing and how advisers add value to this process

In previous articles, Quintin Rayer gave an overview of portfolio stress-testing, what it can and cannot do, offered a definition,…