Posts Tagged: Value at Risk

UCITS IV was passed into law on 1st July and will take effect in July 2011. UCITS aims to provide fund managers with the ability to market a single fund in all the countries of the EU whilst only registering the fund in one country thus greatly reducing administrative costs and so making cross border products Read more…

System working well: Send more money. Or so goes the “successful” roulette player’s apocryphal telegram home.Securities Industry News logo

Today, you might be forgiven for assuming this was a message from an investment manager pleading for more money from its clients. The market meltdown that began three years ago certainly caught most investors and market professionals by surprise Read more…

Back in mid 2007, when the credit crisis first started to unleash its trail of wreckage, everyone was using risk models that focused on market risks. All these models assumed Liquidity was always available, but when everyone’s risk model says “sell”, who is going to buy and if no one will buy then there is only one  Read more…

The financial crisis has provoked a lot of naval gazing and blame in different proportions. One of the factors that got a lot of blame was “Value at Risk” or “VaR” for short. This statistical measure was presented by some as a cure-all for identifying areas of risk and so when things went badly wrong Read more…