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”.

Mentionné(e)(s) :

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 : Article de presse
Date : le 20/07/2017
Source : Conexus Financial Pty Ltd.

A voir également

Le sport à l’EDHEC, 3, 2 1, GO !
Actualités
- 09-07-2020
L’EDHEC et le sport, c’est une équipe qui gagne. Piscine, gymnase, salle de danse,...
Entretien avec Alexandre VALENSCAK, Président du Bureau Des Élèves de l’EDHEC International BBA 2019-2020
Actualités
- 09-07-2020
Le rôle du Bureau des Elèves est essentiel dans la vie associative de l’EDHEC. En 2019-...
Concilier études et passion pour la musique
Actualités
- 08-07-2020
De quelle classe préparatoire êtes-vous issue ? Pourquoi avoir choisi l’EDHEC ? Après...
My Story – Geneviève Brel :
Actualités
- 07-07-2020
Geneviève Brel est CEO d’Odaxos, une start-up spécialisée dans la conception, le...