Description: Read the February 2020 issue of Risks & Rewards newsletter published by the Investment Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Feature article discussing the current state of interest rates globally.

Description: Column from the chairperson of the Investment Section.

Description: Risk Management and Actuaries—SOA Risk Management Task Force Update

Description: In this article chairperson Anthony Dardis takes a look back at the achievements of the Investment Section Council halfway through his tenure as chair.

Description: In reference to the book Fooled by Randomness by Nassim Nicholas Taleb, Steven Scoles describes our ability to detect patterns in certain aspects of life and how these patterns may in fact be simple randomness.

Description: As we meet with pension plan sponsors and consultants across Canada we find that the subject of liability-driven investing LDI comes up repeatedly even when we do not initiate the discussion. We also find that LDI seems to mean something different to each person we meet. Is LDI just a new name for asset/liability management ALM? Or is LDI just about hedging interest rate risks with fancy securities? In this article we describe a framework for understanding what LDI is, how it relates to ALM, and how it can be used to solve real-life problems for Canadian pension funds.

Description: This article discusses the new profession of financial engineering and the fit of actuaries in this profession.

Description: This article gives an overview and explanation of behavioral finance.

Description: Column on the latest Investment Section activities.