The last five years have witnessed a great momentum in the research into measures of financial risk. After many years …-friendly solutions have been proposed. These new measures of risk should be of great interest for investors, financial institutions as … perspective across a wide selection of topics, ranging from the critique of some currently used methods, like Value at Risk, to …

offering greater returns while risk is reduced through extensive diversification. Hedge funds have indeed grown exponentially …

This article applies a two-step conditional Bayesian approach to hedge fund risk. First, a mixture or-two normal …

catastrophic in their consequences. Therefore, the elaboration of effective risk-management plans, aimed at formulating viable … management of environmental risks - environmental pollution risk and natural catastrophe risk in particular. It discusses the … issue of insurability of such risks, analyses the increasing risk of liability for environmental pollution and the …

catastrophe risk and to reducing the economic and insurance market disruption that often follows catastrophic events. …