shares currently in practical use. Solutions define global and optimal risk management strategies of the company …

from their conventional benchmarks and that the Islamic screening leads to significant differences in risk and excess …

The aim of these lectures at MITACS-PIMS-UBC Summer School in Risk Man- agement and Risk Sharing is to discuss risk … on this, we shall then consider hedging and pricing prob- lems under utility or risk minimization criteria. This approach …, mixed finance/insurance issues). In the second part of this lecture, we will develop on a new approach for risk control …

risk management process to international standards and implement modern risk management concepts and reporting processes … (VaR, EaR…). Even though important evolutions have been accomplished, we argue here that the long-term risk management … concerns the time consistency of long-term and mid-term risk management processes. We show that consistencies issues are coming …

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 …

posteriori optimism. This paper finds that financial optimism has a significant positive effect on risk taking behaviour …. Optimistic investors choose risky portfolios over risk-free portfolios for their investments and have higher personal debt …

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