RISK MANAGEMENT & CRASH PREVENTION
CUT YOUR PORTFOLIO'S DRAWDOWN
- Investors behave irrationally and withdraw money in the worst moments during market crashes.
- This exacerbates the difficulties of institutional investors during these challenging times.
- Minimizing the risk of being caught by a market crash is the key to retaining investors and the related management fees.
- The corresponding reduction in volatility boosts the Sharpe ratio and attracts new investors.
OUR MODELS
- Value at Risk and Expected Shortfall estimated with copulas and deep neural networks
- Detailed Stress Testing and planning.
- Factorial risk decomposition.
- Volatility filters extrapolated from equity options
- Early warning signals.
- Volatility forecasting
SELECTED REFERENCES
- Barone-Adesi Giovanni, “Multi-Factor Analysis of Bond Portfolios: Critical Implications for Hedging and Investing”, Palgrave McMillan, 2015
- Christoffersen Peter, “Elements of Financial Risk Management”, Academic Press 2016.
- Fouque Jean-Pierre, and Langsam Joseph A., “Handbook of Systemic Risk”, Cambridge University Press, 2013
- Resti Andrea, Sironi Andrea, ” Risk Management and Shareholder Value in Banking: From Risk Measurement Models to Capital Allocation Policies”, Wiley, 2007
- Spiznagel Mark, and Taleb Nassim, “Safe Haven: investing for Financial Storm”, Wiley, 2021