Pension Funds
Pension funds are plans designed to save and invest in order to provide income for plan beneficiaries upon retirement. The …
portfolio management
Overview of Institutional Investors
Common Characteristics Note the following five common characteristics that cause institutional investors to differ from individual investors: Scale (size). Institutions tend …
Framework for Individual Risk Management
In general, risk management for individuals is the process of identifying threats to the value of household assets and developing an appropriate …
Human and Financial Capital
An investor’s total wealth is composed of both human capital and financial capital. Human capital (HC) is the discounted present value of expected future …
Managing Risk of Investment Real Estate
A single investment in a real estate asset can be large and constitute a significant portion of an investor’s assets, …
Managing Risk of Private Business Equity
Privately held businesses may be more concentrated, the standalone and nonsystematic risk tends to be very high, and the asset …
Yield Enhancements and Other Strategies
Investors can enhance the yield of a concentrated stock position while decreasing its volatility by writing covered calls against some …