Investor Analytics is proud to partner with The Conference Board for its 2013 Global Risk Management Conference in New York City, May 8-10, 2013
A client recently emailed me this link to an article about JP Morgan having discovered an error in their firm-wide calculation of Value-at-Risk, the industry standard measurement used to quantify risk. His email concluded with:
"They are using a spreadsheet!!!"
You read that correctly...
Balanced US Equity & Fixed Income Funds Facing Potential 21% Loss