Events Calendar - DIVERSIFICATION AND RISK MANAGEMENT STRATEGIES...

CFA Society of Orange County > Events Calendar > DIVERSIFICATION AND RISK MANAGEMENT STRATEGIES IN TIMES WHEN VOLATILITY AND CORRELATIONS HIT RECORD HIGHS

Events Calendar: DIVERSIFICATION AND RISK MANAGEMENT STRATEGIES IN TIMES WHEN VOLATILITY AND CORRELATIONS HIT RECORD HIGHS

Title

DIVERSIFICATION AND RISK MANAGEMENT STRATEGIES IN TIMES WHEN VOLATILITY AND CORRELATIONS HIT RECORD HIGHS

Event Description

As investors have struggled to cope with bear markets over the past decade, more attention has been focused on alternative investments and tools that can be used to achieve the goals of managing portfolio risk, increasing income, and enhancing long-term risk-adjusted returns. This presentation discusses a number of risk-management strategies and related benchmark indices, including the protective put, the buy-write, the collateralized put-write, the protective collar, and the use of futures and options on the CBOE Volatility Index (VIX) that measures implied volatility. Twenty-two years of historical data show that certain options-based benchmark indices have generated attractive risk-adjusted returns, with stock-like returns and bond-like volatility. A key source of return for options writers has been a persistence of "overpricing" for index options. The presentation will also review past studies by Duke University, EnnisKnupp, Ibbotson Associates, and Callan Associates, and it will explore the benefits and disadvantages of key options strategies.

Event Type

Educational

Education Topic

Risk Management

Start Time

3/24/2010 11:30 AM

End Time

3/24/2010 1:30 PM

City

Newport Beach

State/Province

Event Country

USA

Event Region

Americas

Location Info

The Island Hotel

Cabana Room

690 Newport Center Drive

Newport Beach, CA 92660

Speaker

Matt Moran

CE Credits

SER Credit

Currency

US Dollars

Member Price

Non-Member Price

Candidate Price

Registration

Click here to register.

Attachments

Content Type: MyCFA Calendar