A Wealth of Common Sense

APRIL 4, 2024

Further Reading: The Siren Song of Market Timing The post The Difference Between Market Timing & Risk Management appeared first on A Wealth of Common Sense.

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Norman Marks

MARCH 4, 2024

Professor Mark Beasley has been a professor for 30 years and is a leader of the North Carolina State University’s Enterprise Risk Management Initiative. He was a board member of COSO for 7 years, has been a member of the member of the United Nation’s Internal Control Advisory Group for the last 7 years, and […]

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Risk Management Guru

OCTOBER 3, 2022

There are basically five strategies which can help you in allocating your risk management. You may spread the risks of investing in particular equities by spreading them across diverse industries, including information technology, consumer goods, banking, and pharmaceuticals. Stock Market Risk Management Strategies.

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Norman Marks

DECEMBER 23, 2022

First, I will review the answers about auditing risk management. Q1: Does your internal audit function audit the organization’s management of risk? The results from my recent survey (thanks to the 75 internal audit practitioners who responded) are interesting. You can see the results of the earlier survey here.)

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Wealth Management

AUGUST 4, 2023

Risk management expert Rick Bookstaber and Fabric CEO Govinda Quish discuss how technology is keeping up with risk management.

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Risk Management Guru

SEPTEMBER 27, 2021

Founded by Boris Agranovich in 2010, the Global Risk Community (GRC) is the world’s leading community for Risk Managers. According to its official information, GRC is also the world’s first crowdsourced training platform for Risk Managers. Source: Risk Management Show.

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Norman Marks

JULY 8, 2022

In my last post, I outlined (at a very high level, with no detail) what I considered effective risk management entailed: When setting objectives, goals, and strategies, consider the things that might happen (both positive, opportunities, and negative, risks) and set achievable (if a bit of a stretch) objectives that will achieve the purpose of […]. (..)

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Risk Management Management 96

Norman Marks

APRIL 4, 2024

I congratulate José David Pino for his brave attempt to call attention to ineffective risk management in his article for the IIA’s magazine, On the Frontlines: How Mature is Your Risk Management?

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Abnormal Returns

JULY 26, 2022

Inflation Hedging inflation is harder than it looks. insights.factorresearch.com) Can Twitter be used to forecast inflation? alphaarchitect.com) Performance The performance of tactical asset allocation mutual funds has been no great shakes. morningstar.com) How have multi-factor portfolios performed in practice.

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The Big Picture

SEPTEMBER 16, 2023

This week, we speak with Elizabeth Burton , managing director and client investment strategist at Goldman Sachs Asset Management. Previously, she was CIO at the Employees’ Retirement System of the State of Hawaii, and managing director in the quantitative strategies group at the Maryland State Retirement Agency.

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Assets Management Asset Allocation Risk Management 301

Norman Marks

MAY 30, 2023

The management team at Silicon Valley Bank failed to take precautions against rising interest rates that would devalue their assets. Was that a risk management failure? I call it a management failure. They knew or should have known of the risk and taken earlier action.

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BlueMind

OCTOBER 25, 2022

However, amid these fears, it has become difficult for financial advisors to explain to clients that taking appropriate risks is deemed necessary in order to ensure your portfolio has the growth potential to reach your financial goals. Related: How to Determine Your Client’s Risk Capacity!

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Norman Marks

AUGUST 7, 2024

On the same day that I published my last blog post, Important survey results for internal audit, boards, and management, explaining how internal audit can help their organization upgrade risk management processes, I saw the IIA President and CEO, Anthony Pugliese, announce: UPDATED GLOBAL PRACTICE GUIDE: Assessing the Risk Management Process, 2nd Edition (..)

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Advisor Perspectives

JUNE 28, 2024

Investors need a better grasp of risk-management tools to gauge a portfolio’s strategic resilience in a rapidly changing world.

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Validea

OCTOBER 12, 2022

For the last 40 years, managing risk for investors has been pretty easy. The fact that bonds haven’t worked has made risk management very challenging during this bear market. But that doesn’t mean there was no way to manage risk. These are obviously only a few of the ways investors can manage risk.

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Norman Marks

JUNE 12, 2023

to share my views on how the global risk management standard, ISO 31000:2018, should be improved. It’s a standard that I prefer to COSO’s 2017 Enterprise Risk Management Framework (although I prefer the principles in the ISO 31000:2009[1] version[2]). I was pleased to receive a request from Peter Blokland, PhD.

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Norman Marks

JUNE 22, 2023

Earlier this year, IIA Norway shared Good Practice Guidelines for the Enterprise Risk Management Function. They explain: The target group for these guidelines is organisations that would like to either establish an Enterprise Risk Management function or develop their existing risk management function further.

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Norman Marks

APRIL 11, 2024

Multiple news organizations reported this month that the UK’s Lloyds Banking Group is going to make significant cuts in its risk management function. It’s shocking, but it’s the truth. Background: Lloyds is one of the largest banks in the UK with revenue of £28 billion and next income of just under £5 billion. It has […]

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Risk Management Guru

SEPTEMBER 29, 2022

In the stock market, risk management is locating, quantifying, and dealing with the various risks that can affect investment. Due to the potential negative effects of various risks on a person’s investment portfolio, effective risk management is crucial. appeared first on Risk Management Guru.

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Norman Marks

AUGUST 12, 2022

I have been talking (OK, preaching) about the need to manage the likelihood of achieving objectives (i.e., success) rather than limiting yourself and the organization by managing or mitigating risks. You need to take risks if you ever want to achieve objectives; the key is taking […].

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Wealth Management

FEBRUARY 27, 2024

Directors and officers liability and professional liability insurance.

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Risk Management Guru

JANUARY 11, 2022

Risk management can be defined as the “process which aims to help organizations understand, evaluate and take action on all their risks with a view to increasing the probability of success and reducing the likelihood of failure” (Hopkin, 2010, p. Limitations of Risk Listing. Introduction.

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David Nelson

JANUARY 3, 2023

By David Nelson, CFA CMT All branches of the military use ORM or their own Operational Risk Management system. We identify the risks even those with low probability and make a quantitative judgement as to the feasibility of the mission and or flight. 60-40 is reborn.

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Risk Management Portfolio Management Valuation 98

Norman Marks

APRIL 17, 2023

That doesn’t mean you have to be an expert with years of experience as a risk practitioner. But you have to know enough about risk management to be able to assess whether it is effective. You can’t audit what you don’t understand. X What does “effective” mean? It means, in my opinion, that it meets […]

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Norman Marks

JULY 14, 2022

My thanks go to Professors Mark Beasley and Bruce Branson of North Carolina State University’s Poole College of Management (the Enterprise Risk Management Initiative). They recently published 2022 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices – 13th Edition.

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Wealth Management

APRIL 7, 2024

Higher interest rates bring fixed income and alternative investments into the spotlight again.

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Advisor Perspectives

JUNE 26, 2023

The complexity of some risk management platforms can lead to a steep learning curve for institutional investors, draining resources and creating stress.

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Norman Marks

JULY 17, 2023

Professors Mark Beasley and Bruce Branson of the North Carolina State University’s Poole College of Management have shared with us for 14 years the results of their surveys of risk management practices.

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Norman Marks

JUNE 29, 2023

The current internal auditing standards from the IIA (not the draft update) require internal auditors to assess the adequacy of management’s risk management processes. In this case, the reason is that if management […] That sounds fine, but why?

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Nerd's Eye View

MARCH 15, 2023

Risk management is a key part of many financial advisors’ value propositions. At the same time, clients face another class of risks that advisors often do not consider: cyber. using a client’s personal information for financial gain or other purposes), reputational risk (i.e.,

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Norman Marks

MARCH 6, 2023

The majority of speakers didn’t seem to understand enterprise risk management (the big […] While they have produced some excellent pieces of thought leadership (under the leadership of Carol Fox), I was struck at the time by the dominance of people with a background in insurance.

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Risk Management Management Insurance Government 55

Norman Marks

JULY 1, 2022

Nick Sanna, the CEO of RiskLens, a software company specializing in cyber risk management, recently issued a wake-up call for risk managers in a presentation at a Professional Risk Managers’ International Association (PRMIA) conference. He “encouraged risk managers […].

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Risk Management Guru

FEBRUARY 2, 2021

Agriculture business managers spend a lot of their time with farmers answering questions related to contracts, invoicing, ticketing and more. Managing end-to-end movement of goods from farm to silos to shipping to storage and delivery is complicated. Financial risk and compliance. Cost management. Complex supply chains.

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Norman Marks

JULY 5, 2022

I commend Marco Nutini for his recent LinkedIn post, Risk and decision: egg or chicken? He asks: In your opinion, which of the two alternatives best represents the Enterprise Risk Management process?

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Norman Marks

JULY 11, 2022

The IIA published a Practice Guide, Assessing the Risk Management Process, in 2019. It is recommended guidance and not mandatory. What is mandatory in the IIA Standards is performing an assessment, and this Practice Guide (PG) is intended as helpful advice on how to do it. While the Standards say that you must perform an […].

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Risk Management Guru

OCTOBER 24, 2022

The RBI Grade B Mains Exam’s Finance & Management portion includes a subsection on Risk Management in the Banking Sector. A bank may make more money by taking on greater risk since the relationship between risky assets is direct. What Does Risk Management Mean In The Banking Industry? Conclusion .

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The Irrelevant Investor

MARCH 23, 2020

In a bull market, protecting one's downside gets punished, and after being burned enough times, people tend to lighten up on risk management, or abandon it altogether. In a bull market the more risk you take, the more you're rewarded, and the more you're rewarded, the more you forget about risk.

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