Tail Risk Management for Portfolios

The recent succession of the Great Financial Crisis, the COVID-19 pandemic, and the war in Ukraine highlights the importance of tail risk for investment managers and the difficulty of predicting the frequency and magnitude of crises. How should investors structure their portfolios to reduce their exposure to outlier events? This SFI Master Class explores various approaches to measuring and hedging portfolio exposure to tail risk, with a focus on using derivatives.

This SFI Master Class is organized in collaboration with the Geneva Financial Center (FGPF).

Objectives

• Understand the impact of tail risk on portfolio returns.
• Understand option-implied tail risk.
• Discuss how to manage tail risk in theory.
• Explore practitioners' perspectives on historical tail risk scenarios and their effects on investment performance.
• Identify how to manage tail risk in practice, including opportunities and pitfalls.
• Assess whether hedging tail risk is optimal.

SAQ Recertification

This SFI Master Class is an acknowledged SAQ recertification measure and comprises four learning hours for the following SAQ profiles: 

• Wealth Management Advisor CWMA
• Advisor Affluent Clients

This SFI Master Class covers the aspect "industry knowledge."

Registration is mandatory

Swiss Finance Institute (SFI)

in collaboration with the Geneva Financial Center (FGPF)