Description: Is Risk/Return a sound tool for decision-making? No. It is not consistent, not objective, distorts decision and degrades governance. Why? What shall we do then?

Description: The following vidoe is from Eric Milner, ASA MAAA Vice President and Actuary at Risk Strategies Company. IN this video he takes us through the intricated world of investment, risks, asset allocation, and fundamental theories of quantitative finance. The session begins by dissecting Market Risk, Credit Risk, Liquidity Risk, and Operational Risk, emphasizing the importance of not just identifying but quantifying and managing these risks intelligently. Strategies for Asset Allocation and Diversification are discussed alongside cornerstone theories such as Arbitrage Pricing Theory (APT), Modern Portfolio Theory (MPT), and the Capital Asset Pricing Model (CAPM). The Efficient Market Hypothesis and Behavioral Finance shed light on market dynamics and the impact of psychological influences on financial decision-making, providing a comprehensive understanding essential for sophisticated investment strategies and informed financial analysis. Contributors: Eric Milner, ASA, MAAA; Richard Vaccaro, FSA, MAAA ; Diyi Zhao ASA, MAAA; Jon Forster ASA, MAAA

Description: Investment opportunities are driven by events in the economy and how participants in the financial markets react to those events. This keynote address will highlight current economic themes and their impact on investment opportunities.

Description: What is the impact of aging populations on economic growth and interest rates?” “Are low interest rates and inflation a short-term phenomenon?” “How will returns from different asset classes be impacted by future demographic trends?” “What are the differences between different countries and regions around the world?”

Description: Diverse Risks 2016 Call for Essays

Description: Introduces terms and concepts of Takaful (Islamic) insurance and describes the processes, goals and constraints that apply to the investments of such insurers.

Description: In this session, senior pension and insurance investment professionals will share their thoughts on current investment topics. Attendees will hear about leading edge investment ideas and practices from industry leaders.

Description: In this video Eric Milner, ASA MAAA explores financial risk management and hedging strategies, catering to both seasoned professionals and newcomers. It covers essential topics such as hedging techniques to stabilize portfolios, determining optimal hedging rations, and assuring risks using metrics like Value at Risk (VaR). Additionally, it delves into various risk management categories including credit, interest rate, foreign exchange, equity, volatility, and liquidity, emphasizing the importance of understanding these strategies for maintaining financial stability in dynamic markets. Contributors: Eric Milner, ASA, MAAA ; Fiona Fan FSA, MAAA; Emelia Bruera, FSA; Jon Forster ASA, MAAA

Description: This session will serve as a guide on how to implement a factor-based optimization in the Strategic Asset Allocation process. The session will review a factor-based investing approach and cover the top-down macroeconomic drivers of risk and return for various asset classes. We will then illustrate implementation of this investing approach and determination of an optimal Strategic Asset Allocation through a pension fund case study. There will be an interactive element to the session as the factor sensitivities of various portfolios can be examined in real-time.

Description: The article discusses the characteristics of the high-yielding bank loan asset class.