workshop 2020-Asset Management

workshop 2020-Asset Management

Managing Risk in Asset Management in the Current Environment - Workshop

09:0010:00

The Changing Risk Environment

09:00 - 10:00

  • Introduction
  • The impact of the crisis on asset management
  • Key economic and political/fiscal concerns
  • Types of funds and how this changes risk
  • Investment asset types and associated risks
  • Asset allocation and how this mitigates risk
  • Mandates and benchmarks during the crisis
  • Performance attribution during the crisis
  • Risk indicators due to the crisis
  • What can go wrong in asset management
  • How has this changed?
  • How are risks carrying? Which really matter now?
  • Will control and risk self-assessment work during the crisis?
Dennis Cox

Founder and Chief Executive

Risk Reward

Expert Profile: Dennis William Cox BSc BFP FCA FCSI

 

Dennis Cox is the Founder and Chief Executive of Risk Reward Ltd, where he oversees all consulting and training projects. An internationally recognized financial services risk management. compliance, internal audit and financial crime expert, he specializes in the interdisciplinary forward-looking impact of and opportunities of regulation, digital technologies, and the challenges surrounding credit, market, liquidity/treasury and operational risk, as well as successful compliance implementation techniques and model validation best practise.

Mr. Cox has more than 30 years of experience in the areas of risk, banking, financial crime, audit, and accounting. He has held senior management positions within the banking and accountancy profession as Director, Risk Management at HSBC Insurance Brokers Limited, and Director, Risk Management, Prudential Portfolio Managers. Formerly he held several roles within the audit profession, including Senior Audit Manager (Compliance) at HSBC Holdings PLC and Senior Manager (Banking and Finance) at both BDO Binder Hamlyn and Arthur Young (now Arthur Anderson and Ernst & Young),

Regional and national regulators and regulated banks and financial institutions (traditional and Islamic)  worldwide (USA FDIC, Federal Reserve Bank of New York, Bank of England, the Central Banks of Nigeria, Ghana, South Africa, Kenya, Morocco, Saudi Arabia, the Singapore Monetary Authority, Hong Kong Monetary Authority, Bank of Japan, Bank Negara, Malaysia, Taiwan, the European Union), bank trade associations and their member banks plus national training organisations (British Bankers Association, Taiwanese Academy of Banking and Finance, Association of Cyprus Banks, et al) Cyprus), have benefited from the regulatory, technical and behavioural guidance and training afforded by Mr Cox through Risk Reward Ltd since 2002.

He is a Fellow, Co-founder and Chairman of the Risk Forum for the UK Chartered Securities and Investment Institute and administers the Risk Reward Global Risk Forum on LinkedIn. A Fellow of the Institute of Chartered Accountants (FCA), he has also been a National Council Member for 17 years and a representative of the public as Council Member of the Institute of Actuaries (Insurance) for 10 years.

He holds an honours degree in Mathematics from the London University Westfield College.

A much in-demand speaker and trainer known for his highly-interactive, practical, job-role approaches, ease of communicating complex topics into an enjoyable  social learning experience with wit and personal attention to delegates, Mr. Cox is the author of Banking and Finance: Accounts, Audit and Practice, An Introduction to Money Laundering Deterrence and The International Handbook of Money Laundering Deterrence. He is the co-author of The Mathematics of Banking & Finance and is the senior editor and author of several chapters in The Frontiers of Risk Management.

10:0011:00

Client Matters

10:00 - 11:00

  • Dealing with clients during the crisis
  • Controls over new clients
  • Risks associated with client take on procedures
  • What information do you require for KYC?
  • How can you keep this up to date?
  • How to judge suitability
  • Will the client’s risk appetite have changed?

12:0013:00

Pension Fund Risk Management

12:00 - 13:00

  • Risk Issues in Pensions Fund Management
  • The role of the pensions trustee
  • Asset & liability management in a pension fund
  • The moral vs actual risk dilemma

13:0014:00

The Risk Management of Quoted Equity Investment

13:00 - 14:00

  • Current state of equity markets
  • Sectors and success
  • Due diligence during the crisis
  • Risk associated with corporate actions
  • Major sources of risk due to the crisis
  • General controls within equity investment
  • Risks associated with international equity markets
  • Tracking error
  • Controls over equity valuation
  • Financial statement analysis during the crisis
  • Ratio analysis during the crisis
  • The selection of the benchmark
  • Tracking error

09:0010:00

The Risk Management of Quoted Fixed income Investment

09:00 - 10:00

  • Quoted fixed income and the yield curve
  • The risks associated with acquiring and disposing of fixed income securities
  • The use of ratings and associated risk issues
  • The risks associated with pricing of fixed income securities
  • The valuation of government securities
Dennis Cox

Founder and Chief Executive

Risk Reward

Expert Profile: Dennis William Cox BSc BFP FCA FCSI

 

Dennis Cox is the Founder and Chief Executive of Risk Reward Ltd, where he oversees all consulting and training projects. An internationally recognized financial services risk management. compliance, internal audit and financial crime expert, he specializes in the interdisciplinary forward-looking impact of and opportunities of regulation, digital technologies, and the challenges surrounding credit, market, liquidity/treasury and operational risk, as well as successful compliance implementation techniques and model validation best practise.

Mr. Cox has more than 30 years of experience in the areas of risk, banking, financial crime, audit, and accounting. He has held senior management positions within the banking and accountancy profession as Director, Risk Management at HSBC Insurance Brokers Limited, and Director, Risk Management, Prudential Portfolio Managers. Formerly he held several roles within the audit profession, including Senior Audit Manager (Compliance) at HSBC Holdings PLC and Senior Manager (Banking and Finance) at both BDO Binder Hamlyn and Arthur Young (now Arthur Anderson and Ernst & Young),

Regional and national regulators and regulated banks and financial institutions (traditional and Islamic)  worldwide (USA FDIC, Federal Reserve Bank of New York, Bank of England, the Central Banks of Nigeria, Ghana, South Africa, Kenya, Morocco, Saudi Arabia, the Singapore Monetary Authority, Hong Kong Monetary Authority, Bank of Japan, Bank Negara, Malaysia, Taiwan, the European Union), bank trade associations and their member banks plus national training organisations (British Bankers Association, Taiwanese Academy of Banking and Finance, Association of Cyprus Banks, et al) Cyprus), have benefited from the regulatory, technical and behavioural guidance and training afforded by Mr Cox through Risk Reward Ltd since 2002.

He is a Fellow, Co-founder and Chairman of the Risk Forum for the UK Chartered Securities and Investment Institute and administers the Risk Reward Global Risk Forum on LinkedIn. A Fellow of the Institute of Chartered Accountants (FCA), he has also been a National Council Member for 17 years and a representative of the public as Council Member of the Institute of Actuaries (Insurance) for 10 years.

He holds an honours degree in Mathematics from the London University Westfield College.

A much in-demand speaker and trainer known for his highly-interactive, practical, job-role approaches, ease of communicating complex topics into an enjoyable  social learning experience with wit and personal attention to delegates, Mr. Cox is the author of Banking and Finance: Accounts, Audit and Practice, An Introduction to Money Laundering Deterrence and The International Handbook of Money Laundering Deterrence. He is the co-author of The Mathematics of Banking & Finance and is the senior editor and author of several chapters in The Frontiers of Risk Management.

10:0011:00

The Risk Management of Real Estate Investment

10:00 - 11:00

  • Risk associated with the acquisition process
  • Risks associated with the disposal process
  • The role of the property fund manager
  • Property maintenance and tenant issues during the crisis
  • The problems of property valuation and benchmarks

12:0013:00

The Risk Management of Money Market Funds

12:00 - 13:00

  • Role in asset management
  • Asset and liability management under COVD 19
  • Portfolio liquidity and relevant concerns
  • Concentration risk under COVID 19
  • The search for return

13:0014:00

The Risks in Asset Allocation & Portfolio Management

13:00 - 14:00

  • Asset allocation and risk management under COVID 19
  • Use of historical data
  • Tactical asset allocation
  • Risks associated with Core and satellite
  • Stress testing and scenario modelling