No more room for traditional pension funds on both sides of the Atlantic?
In its latest Global Pension Study, MSCI said North American and Western European corporations showed the highest average ratio of underfunding in 2016.
It is now roughly 10 years ago since the credit crisis was unleashed. During this time, the financial sector has had to deal with a flood of new legislation and regulations in order to make the financial system more resistant to a new financial crisis.
The article “On the modelling of nested risk-neutral stochastic processes with applications in insurance” has been published in the journal Applied Mathematical Finance. This research article focuses on the robust calibration of risk neutral models and integration in a real world scenario set.
If you want to guarantee a sufficiently high pension income, you must have two types of capital: economic capital and human capital. Companies and institutes that need it to guarantee that they can bear the risks they run, even in a worst-case scenario mostly use the term of economic capital. Economic capital for private individuals is the guarantee that their pensions are not endangered.
Nowadays institutional investors hold well diversified portfolios with global investments. Given the fact that the investments are spread out all over the world, a currency dimension is introduced. The investors have exposure to different currencies. As institutional investors often have their liabilities in their home currency, this creates a discrepancy and introduces currency risk. This currency risk can be managed on a total fund level or on portfolio level.
People who want to put money aside for short-term or long-term goals have a need for insight, guidance and advice. The challenge for financial institutions is to meet all three of these wishes. This not only requires sufficient data, but also the courage to take risks.
We have over 30 years experience and expertise in the markets in which our clients operate. We understand their goals and ambitions and help translate them into successful strategies.
We enable pension funds, insurance companies, asset managers, wealth managers, real estate managers and other institutional investors to make better investment decisions.
Since standard models cannot capture all decisions, Ortec Finance has developed a superior model that identifies the impact of the top-down investment decision-making process.
With OPAL Platform clients and advisors can capture, measure and communicate risk and return and comply with the latest regulatory frameworks.
GLASS is an asset and liability scenario solution that improves financial decision making by simulating the short and long-term effects of strategic investment decisions.
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