CalPERS mulls leverage

The professor of finance at EDHEC Business School and director of EDHEC Risk Institute, Lionel Martellini, who also presented to the board, said investors such as CalPERS must “define a strategic leverage target at the total-fund level, including both directly controlled and embedded leverage, and explicitly measure and manage the associated risks, as opposed to having an uncontrolled amount of leverage opportunistically defined at the level of internal and external program managers”.

Cited As:

Simon Hoyle

The professor of finance at EDHEC Business School and director of EDHEC Risk Institute, Lionel Martellini, who also presented to the board, said investors such as CalPERS must “define a strategic leverage target at the total-fund level, including both directly controlled and embedded leverage, and explicitly measure and manage the associated risks, as opposed to having an uncontrolled amount of leverage opportunistically defined at the level of internal and external program managers”.

Type: Press article
Date: le 20/07/2017
Source : Conexus Financial Pty Ltd.

See Also

Financial Times ranks EDHEC Executive Education among the Top 10 worldwide
News
- 23-05-2022
EDHEC Business School’s executive education offers rank among the Top 10 globally...
EDHEC partners with VIVATECH 2022 and offers 400 tickets to EDHEC students
News
- 20-05-2022
EDHEC is once again a partner of the unmissable tech event of the year, Viva Technology...
(Invitation) Inauguration of the Management in Innovative Health Chair - May 30, 2022 in Paris
News
- 17-05-2022
Emmanuel Métais, Dean of EDHEC Business School and Christophe Durand, General Manager...
News
- 10-05-2022
Live on YouTube !