Many countries are vulnerable to external shocks such as a spike in oil prices, a drop in a competitor's currency or a collapse in world-wide tourism following a terrorist attack somewhere else. Can governments hedge their economies against these risks using financial instruments in the same way that a home-owner insures against a flood? How would they do it and should they do it?
Avinash Persaud is the founder and Chairman of Intelligence Capital. Prior to founding Intelligence Capital and the GAM Persaud Investment Funds, he was Head of Global Research at State Street Corporation. Previously, he was Global Head of Currency and Commodity Research at JP Morgan. He held the Mercers' Memorial Chair in Commerce at Gresham College between 2002 and 2005, is a Governor of the London School of Economics and a Trustee, a member of the Board of the Global Association of Risk Professionals and the Chair of the CBC Working Group on investment flows. He is the winner of the Institute of International Finance's Jacques de Larosiere Award in Global Finance and an Amex Bank Award as well as a prolific author.
Avinash Persaud, 25 April 2012Does Europe need a fiscal union to support its monetary union? This column argues that the cause of Europe’s problems is not public sector ill ...
THE HAGUE, The Netherlands, May 23, 2012 /PRNewswire/ -- AEGON N.V. is to cancel its listing on the Official List maintained by the UK Listing Authority and its admission to t...
84 days ago - MoneyScience: MoneyScience's blog - Risk Management
The Global Association of Risk Professionals, (GARP, www.garp.org ) presented its 2011 Risk Manager of the Year Award today to Aaron Brown, Head of Risk Management for AQR Cap...
Douglas Rediker on how a smouldering financial crisis could push existing power structures beyond their limits. The interview is part of the Risk Response Network’s “What ...
yesterday - Rantings on Markets, Economics and Business Strategy
To summarize for new readers, we were very bearish on banks going into the 2008 collapse. At the time I even wrote on here that I liquidated my family’s holdings in Wa...
