working papers

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


Leverage and Exposures under the AIFM Directive

Understanding and Defining Liquidity Risk

Arithmetic Returns vs. Logarithmic Returns

Picking the Right Risk-Adjusted Performance Metric

Extracting Liquidity Risk from Cross-Sectional Returns

Positive Gamma vs. Positive Convexity: A Same Interpretation?