Much has been written about how 2020 was unprecedented, challenging and exhausting — take your pick of adjectives. It was also a white-knuckle ride for many Canadian defined benefit plan sponsors as they watched the funded status of their pension plans plummet sharply and then rebound. Most plans’ funded statuses are now at, or even […]
Greece's catch-22: a toxic deal or a disorderly exit.
How the EU could help the medicine go down in Greece.
Given all the finger-pointing going on in the Eurozone, pundits provide a sober reminder that there will be few winners as this financial crisis unfolds.
Newer VaR models allow estimated portfolio volatility to change according to market conditions.