Thursday, April 29, 2009
Senior Vice President of Willis Re Inc.
Group (Risk) Therapy – Cultural Theory and the Current Market Crisis
Sometimes we get too caught up in the risk management models and forget that one of the main things in our models is human behavior. And humans are social animals who form associations based upon their view of risk according to Social Theory. Ingram takes this 1990 idea about political cultures and shows how it can be used to explain some of the issues and likely futures that arise from the current financial crisis by looking at both individual and group motivations and choices.
Friday, May 1, 2009
Associate Professor of Finance, York University
Executive Director of The IFID Centre
Are You a Stock or a Bond? Create Your Own Pension Plan for a Secure Financial Future
With volatile financial markets, individual investors are faced with even greater responsibility for their own retirement as corporations transfer the pension burden off their balance sheet. Moshe Milevsky will address the implications of this retirement risk shift and why it is more important than ever for human capital and financial capital – are you a stock or a bond? – to be analyzed jointly. Milevsky will also discuss FinSurance product design; spending retirement in Monte Carlo; sequence-of-returns in the risk zone; personal inflation rates for retirees; modern product allocation vs. traditional asset allocation as well as the role of pension annuities in the optimal lifecycle portfolio.