All GLG News Analyses Filed Under: Asset Management & Private Banking

1. Many global financial institutions have Chief Risk Officers.2. The risk function is being addressed more often by the board, something that this post's author advocates for pension funds.3. There is a cited need to do more work in the area of credit and energy derivatives.4. Not all financial institutions...

Pension funds are embracing a new opportunity in property derivatives.  First, managers of pension funds must be careful to understand the derivative, its underlying asset, and the impact on the return/risk of the pension fund's portfolio.  Second, managers of pension funds can not focus on...

The  subprime mortgage  crises  reminds  me  of  the  story  of  Lost  Horizon  and  the  concept  of  Shangri-La - a utopia  which  does  not  exist.Convay  in  the  novel  finds ...

Markets may be underestimating geopolitical risks, and would be roiled by a full-scale conflagration in the Middle East.

1. Property derivatives allow for exposure to this asset class without direct investing.2. Incremental risks specific to the structure of property derivatives must be taken into account.3. The UK property derivatives market has grown to $10 billion in the two years since inception. Use of good quality...

The  last  one  year  has  seen  a  seachange in  the  nature  of  global  securities  markets. The  growing  importance of  hedge funds, the volatility  of  asian  markets, the  hardening of  interest ...

-  Russian sells off shares in transparent manner.-  Russian investment is not risk free.-  Invest with knowledge and review historical trends.-  Russias energy market is growing with new energy sites being discovered and brought to the market.

China's pension issues are real.The question is, "How will China's government address the pension issues?"Watch out.  Changes must be forthcoming.

The reality of pension fund management is simple:  fund managers have a fiduciary responsibility.  What that means is risk management is at the heart of managing pension funds.  Today, more than ever, risk management must go beyond the quest for higher returns. 

1. The hedge fund industry is changing in terms of rigor applied to fund selection.2. High net worth individuals may have relied more on trust. Institutional investors are asking tougher questions about risk.3. Hedge funds that have failed may have a hard time attracting institutional investors.