“RISK BUDGETING FOR PENSION FUNDS AND INVESTMENT MANAGERS USING VAR...

4. “Risk Budgeting for Pension Funds and Investment Managers Using VAR,” Ch. 6,

Michelle McCarthy, Risk Budgeting: A New Approach to Investing, Leslie Rahl, ed. (Risk

Books, 2000)

Purpose:

To test the candidate’s knowledge of risk management for a pension fund.

LOS: The candidate should be able to