Friday, October 25, 2013

MoneyScience News

MoneyScience News


Blog Post: TheFinancialServicesClub: Things worth reading: 25th October 2013

Posted: 24 Oct 2013 11:29 PM PDT

Things we're reading today include ... read more...

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Blog Post: TheAlephBlog: Traveling with David

Posted: 24 Oct 2013 10:47 PM PDT

Sometimes I over-commit my time.  That’s been the last few days.  Recently I went to visit a friend who had lost his job at a large company, to look over his severance papers, and advise him.  He is older, a “minority,” and only been with the firm 5-6 years.read more...

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Published / Preprint: Systemic Risk Identification, Modelling, Analysis, and Monitoring: An Integrated Approach. (arXiv:1310.6486v1 [cs.CE])

Posted: 24 Oct 2013 05:38 PM PDT

Research capacity is critical in understanding systemic risk and informing new regulation. Banking regulation has not kept pace with all the complexities of financial innovation. The academic literature on systemic risk is rapidly expanding. The majority of papers analyse a single source or a consolidated source of risk and its effect. A fraction of publications quantify systemic risk measures or...

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Published / Preprint: Exact simulation pricing with Gamma processes and their extensions. (arXiv:1310.6526v1 [q-fin.CP])

Posted: 24 Oct 2013 05:38 PM PDT

Exact path simulation of the underlying state variable is of great practical importance in simulating prices of financial derivatives or their sensitivities when there are no analytical solutions for their pricing formulas. However, in general, the complex dependence structure inherent in most nontrivial stochastic volatility (SV) models makes exact simulation difficult. In this paper, we present...

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Vendor News: October 24, 2013 - Sandell Asset Management Selects SS&C GlobeOp to Provide Fund Administration, Risk and Regulatory Support

Posted: 24 Oct 2013 06:08 AM PDT

Published / Preprint: Epidemics in markets with trade friction and imperfect transactions. (arXiv:1310.6320v1 [q-bio.PE])

Posted: 23 Oct 2013 05:38 PM PDT

Market trade-routes can support infectious-disease transmission, impacting biological populations and even disrupting causal trade. Epidemiological models increasingly account for reductions in infectious contact, such as risk-aversion behaviour in response to pathogen outbreaks. However, market dynamics clearly differ from simple risk-aversion, as are driven by different motivation and...

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Blog Post: WealthandCapitalMarketsBlog: Evolving Business Models in India's Mutual Fund Industry

Posted: 23 Oct 2013 04:35 AM PDT

The Indian mutual fund industry has been going through turmoil in the last few years due to uncertain market conditions and regulatory changes. Many firms, predominantly foreign ones, have exited the industry since 2008. Existing asset management companies (AMCs) are exploring a number of different models to counter the challenges and stay competitive in the evolving regulatory and competitive...

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Blog Post: iMFdirect: A Wish List for China's Third Plenum

Posted: 22 Oct 2013 02:08 PM PDT

By Anoop Singhread more...

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