The Management of Asymmetric Risk in a Modern Investment Portfolio

由于强制性退休金立法，所有澳大利亚人未来的生活方式都取决于投资基金的成功管理。风险管理是基金管理的一个重要组成部分。这个项目将产生实用的管理工具，使投资组合经理能够显著地增强他们的风险管理策略。风险管理与业绩之间的直接联系促使基金经理谨慎管理其风险敞口。任何降低投资组合风险的发展最终都会提高投资组合的回报。养老金投资的更高回报将提高所有澳大利亚人未来的生活水平。

Due to compulsory superannuation legislation, the future lifestyle of all Australians is dependent upon the successful management of investment funds. A large component of funds management is risk management. This project will generate practical management tools to enable portfolio managers to significantly enhance their risk-management strategies. A direct link between risk management and performance drives funds managers to carefully manage their risk exposure. Any developments that reduce the risk of a portfolio will ultimately enhance portfolio returns. Higher returns on superannuation investments will result in an improved future standard of living for all Australians.