Portfolio Stress Testing

A Flaw in the Ointment

Quintin looks at how putting portfolios through stress testing can make sure that trustees are actively working to protect these…

Historical Portfolio Stress-testing

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

Testing Times, Part 2

In a follow-up to his article of October 2016 in the STEP Journal, Quintin discusses the pros and cons of…

Testing Times (ACCA)

Quintin explains how trustees can use investment stress-testing to identify the weak points in a portfolio. Professional accountants are frequently…

The different types of portfolio stress-testing

In previous articles published on DISCUS, Quintin Rayer gave a brief overview of portfolio stress-testing, what it can and cannot…

A more detailed look at portfolio stress-testing

In a previous article Quintin Rayer gave a brief overview of portfolio stress-testing.  This follow-up article looks more closely at…

Portfolio Construction Theory 2017

Quintin has authored the 2017 edition of the Chartered Institute for Securities & Investment (CISI) workbook for the Portfolio Constr…

Managing risk: stress-testing investment portfolios

Risk is always a hot topic and Quintin Rayer overviews the stress testing of investment portfolios. Assessing portfolio risk in…

An investigation of hypothetical variance-covariance matrix stress-testing

This paper investigates an example of stress-testing a portfolio of conventional assets against market risks using artificial scenarios based around…

Dissecting portfolio stress-testing

Putting meaningful numbers to portfolio risks is challenging. Conventional risk measures are often considered not to fully capture all risks…