Description: An introduction to the Product Development Section's new subgroup supporting interested in the practice of in force management.

Description: Derives appropriate hedge ratios for CPPI strategies, taking into account discrete hedge times and market dislocations (gap risk).

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: The theme of this paper relates to solving portfolio selection problems using linear programming. The authors extend the linear optimization framework for Conditional Value-at-Risk-based portfolio selection problems to optimization over a more general class of risk measure known as the class of Coherent Distortion Risk Measure. From Actuarial Research Clearing House, 2012 Vol. 1.

Description: Diverse Risks 2016 Call for Essays

Description: To be financially "well" is unique to an individual. Following a hierarchy of needs is key, along with saving more than the talking heads tell you to.

Description: Feature article describing how due to the recent financial crisis, fund trustees, plan sponsors, and administrators are reconsidering traditional asset-allocation strategies.

Description: Feature article discussing the creation and effects of orphaned VEBAs, Voluntary Employee Benefit Associations.

Description: Feature article discussing whether or not genetic algorithms can be used by actuaries.

Description: This session will demonstrate the advantages of approaches to duration matching and cash flow matching. Plan examples and sponsor’s objectives will be presented. An overview of when to choose one approach versus a blend of the two approaches will also be covered.