Monthly Archives: October 2014

Just in case… Hong Kong’s autumn forecast: pack an umbrella

Just in case… Hong Kong’s autumn forecast: pack an umbrella

Earlier in the year, the Cambridge Centre for Risk Studies ran a stress test to factor the global economic risk of a hypothetical ‘Millennial uprising’ – that is, a far reaching anti-austerity protest, helmed by the young, the educated and the unemployed, modelled on the Occupy and indignados movements. Our social unrest scenario was centredRead more

The Circulatory System of Finance

The Circulatory System of Finance

In the Great Financial Crisis of 2007 to 2009, investment portfolios took big hits on their value, with indices like the Dow Jones falling to less than half of their pre-crisis peak by March 2009. Analysts said that the financial system had had a heart attack. This analogy was not far off. The lifeblood ofRead more

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Bigger Data, Smaller Risk

Bigger Data, Smaller Risk

Risk Managers have never been short of data – they are usually drowning in it – so they can be forgiven for not getting too excited about the prospect of ‘Big Data’: the idea of orders of magnitude more digital information becoming available about everything. Risk managers monitor the variation in performance of their companiesRead more

Ebola Adds Another Wake Up Call to Businesses

Ebola Adds Another Wake Up Call to Businesses

The price of gold has stuttered this week and the stock price of metal producing companies has been marked down as mines in western and central Africa are closed in response to the growing Ebola epidemic. In recent decades, West Africa has become home to the production of key commodity resources in modern global trading.Read more