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risk management


Top 10 CFA Digest Downloads from 2014 Reflect Investor Ambitions
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So far in 2014, the top 10 most popular CFA Digest downloads (on www.cfapubs.org) reflect enduring investor ambitions to improve the way they do their jobs and serve clients, explore new financial innovations and techniques, better interpret the past, and improve understanding of investing practice, especially global investing.

Top 10 CFA Institute Conference Proceedings from 2014 Reflect Investor Anxieties
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So far in 2014, the 10 most popular Conference Proceedings downloads reflect persistent investor anxieties about volatility, currency, downside risk, pensions, active management, and the future of the finance profession.

Fresh Perspectives for European Investors: Currency, Asset Allocation, and Risk Management
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Selections from CFA Institute Conference Proceedings for investment professionals ready to challenge their investment processes, practices, and mindsets.

Weekend Reads for Investors: Howard Marks on Risk and the “Zone of Imprudence”
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Equity fund managers are underperforming their benchmarks again this year, continuing a trend that started sometime shortly after the Big Bang.

New Twists to the Active vs. Passive Debate
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The growing popularity of passive equity investing seems to be an unstoppable feature of the evolving investment industry. With many difficult and potentially confusing theoretical investment issues still unresolved, Mark Harrison, CFA, revisits some aspects of the active versus passive debate.

Solar Flares and Risk Management for Investors
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Although solar flares can wreak massive damage, investors and risk managers are woefully unprepared for the risk.

Nobel Laureate Robert Engle on High-Frequency Trading and Portfolio Management
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In the second part of our interview with Nobel laureate Robert Engle, he discusses the application of ARCH models in high-frequency trading and how he thinks risk models should be applied in portfolio management.

CFA Institute Magazine: Guarding Portfolios against Bubble Risk
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Why have financial bubbles happened more frequently in the past three decades? With economists and policymakers unable to find satisfactory answers, investors must find ways of guarding portfolios against bubble risk, as investment strategist Nicholas Sargen explains.

Nobel Laureate Robert Engle on VaR, Systemic Risk, and Liquidity
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Nobel laureate Robert Engle discusses the development of the ARCH model, the global financial crisis, systemic risk, and forecasting liquidity with ARCH models.

Is Mainstream Finance Theory Adrift?
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An important new monograph from the CFA Institute Research Foundation explores a fundamental question in the wake of the global financial crisis: Has finance theory failed investors?