Blog: The Education of an Investment Risk Manager, Part III

The Aleph Blog 54 days ago

News: The Education of an Investment Risk Manager, Part III

54 days ago - The Aleph Blog

There’s kind of a rule of thumb in Asset-Liability management, that you match liquidity over the next 12 months, and match interest rate sensitivity overall.  I would d...

News: Don’t Become the Market

371 days ago - The Aleph Blog

It was late 1993, and I knew that we could make a lot of money if I sold floating-rate Guaranteed Investment Contracts.  Let me quote an earlier piece:My goal as an actuarial...

Blog: Don’t Become the Market

The Aleph Blog 371 days ago

News: If banks get deposit insurance even with proprietary trading, why aren't investments in hedge funds guaranteed not to lose money by USA too?

610 days ago - Hedge Fund Tweets

If banks get deposit insurance even with proprietary trading, why aren't investments in hedge funds guaranteed not to lose money by USA too?