Overseeing risk management for a $100 billion portfolio can be a tricky endeavour in the best of circumstances. But when you have thorny products such as variable annuities to contend with too, the task can get a lot more difficult.
The man charged with this responsibility at Philadelphia-based Delaware Investments – an asset management arm of Lincoln Financial Group – is Philip Obazee, vice-president and head of derivatives. “Our performance is powered by research. Risk management is essent