Description: In this article the author notes that investment strategy development is fundamentally a communications exercise between the investment and actuarial functions. The article explores four questions with respect to investment strategy: 1 how to make money 2 how to avoid earnings fluctuations 3 how to avoid catastrophic loss and 4 how to choose a new investment idea.

Description: This article explains the 2009 changes to the Global Credit Default Swap contract and North American conventions. It is reprinted with permission from The Markit Magazine.

Description: This article presents some thoughts on the role of the investment actuary in the United Kingdom. It is a topical subject, prompted by a feeling that the U.K. profession is not fulfilling its potential in this specialty. The article has three main themes: a Some historical perspective b What the professional actuary uniquely has to offer the investment marketplace and c What the consulting actuaries in the U.K. currently offer their clients.

Description: Article, Swaps and the Swaps Yield Curve by Joseph G. Haubrich, reprinted with permission. From Risks and Rewards, February 2004, Issue No. 44. This article was originally published in Economic Commentary in December 2001. Reprinted with permission.

Description: Hedge funds have grown tremendously over the last few years and will continue to grow, with invested assets currently being estimated at well over $1 trillion worldwide. The author concludes “I do strongly believe that the contradictory philosophies of traditional investment management versus hedge funds have to be carefully considered, reflected upon and evaluated ...”

Description: Municipal Reinvestment Contracts by Victor Modugno from Risks and Rewards Newsletter, September 2000, Issue No. 35.

Description: Interview with investment actuary Carl Hess, head of Towers Watson global investment practice, on his background and career path.

Description: The author notes that equity investment management is often classified into a number of different styles, the simplest being growth and value. In discussing both approaches the author also brings in the concept of momentum and concludes that momentum should be an additional parameter reviewed in the investment decision.

Description: Describes progress of the 134 portfolios entered in the 2016 contest. Categories are: Create Alpha, Accumulation, and Drawdown.