Working Papers

A few Risk topics requiring more in-depth analysis are subject to separate working papers in the below Section. 

Evaluate Causation between Variables with Limited Historical Data

Estimating Profitability of Future Investments: Highlights and Challenges

Maximising Wealth in Unpredictable and Irrational Financial


Leverage and Exposures under the AIFM Directive

Understanding and Defining Liquidity Risk

Arithmetic Returns vs. Logarithmic Returns

Corporate Valuation Methods: Advantages and Disadvantages

Risk Management in Mutual Funds 

Modelling a Custom Index: A Selection of Technical and Strategic Considerations

Picking the Right Risk-Adjusted Performance Metric

Extracting Liquidity Risk from Cross-Sectional Returns

Positive Gamma vs. Positive Convexity: A Same Interpretation?