Technical Practitioners

This section features articles for technical practitioners in investment management. It includes advanced research and analysis often involving complex mathematics. All articles in this section will have gone through the peer review process and have featured in journals, technical manuals or qualification textbooks. They are written for professionals or academics looking to progress an in-depth knowledge.

Global warming and extreme weather investment risks

Environmentally focused investors often consider climate risks. However, potential liabilities for damages from extreme weather events due to emissions from…

Read article

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…

Read article

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

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

Read article

Hypothesis: Risk, like Mass and Energy, Can Neither be Created nor Destroyed.  Discuss

Quintin and Will imagine the title as an essay question in a final financial examination and use this as a…

Read article

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…

Read article