How to manage the risks of de-risking.
The ancient Romans are widely considered to have been master engineers and builders. One of their many innovations was the design and construction of a massive network of roads spanning across what would encompass much of continental Europe. Since Rome was the centre of the Roman Empire, the system of roads was created to facilitate the flow of people, goods and weaponry to and from the Roman capital—hence the idiom “all roads lead to Rome.”
Since the global credit crisis, investors have become more attuned to risk in general and to portfolio volatility in particular. The investment industry has responded with a dizzying array of products and strategies designed to help manage volatility. A clearer understanding of these sources of volatility reduction can mean that investors are better placed to make informed assessments of their relative attractiveness.
Coverage of the 2012 Risk Management Conference.
Coverage of the 2011 Global Investment Conference