Topic
Derivatives
747 published works
Wills, Trusts & Estates Prof Blog
Derivatives and the Prudent Investor Rule
Robert J. Aalberts (Ernst Lied Professor of Legal Studies, University of Nevada – Las Vegas) and Percy S. Poon (Associate Professor of Finance, University of Nevada – Las Vegas) have…
Pension Risk Matters
Pension Risk Rollercoaster
In "All risk and no reward?", Peter Davy describes the shift to a risk-based paradigm which, for some fiduciaries, is a brave new world. No longer likely to be encouraged…
Pension Risk Matters
Operational Risk and Over-the-Counter Derivatives
The term "operational risk" is typically defined as the risk that results from incomplete, poor or failed internal controls, people and/or systems. Sometimes the term is used as part of…
Pension Risk Matters
Vive Le Liability-Driven Investing
Global Investor Magazine cites survey results from J.P. Morgan Asset Management that show a surge of interest in liability-driven investing (LDI). An impressive forty-eight percent of respondents admit to using,…
Pension Risk Matters
Derivatives Get the Blame
In a recent Washington Times article entitled "Derivatives: Global roulette wheel", editor-at-large Arnaud de Borchgrave describes a global market now topping $300 trillion as reason to "fasten your seat belt".…
Pension Risk Matters
Derivatives and Hedge Funds
Derivatives have long been the proverbial "black sheep" of finance. A few highly publicized losses and it's off to the races with bad headlines galore. Don't get me wrong. I'm…
Pension Risk Matters
Derivatives: The $270 Trillion Gorilla
The just released pension fund asset management guidelines, courtesy of OECD (Organisation for Economic Co-operation and Development), state that "legal provisions should address the use of derivatives and other similar…