Look beyond volatility for risk assessment

Investors considering hedge funds should look beyond volatility and take the largest drawdown figures into account when assessing the riskiness of different asset classes, according to speakers at Hedgeworld 2003.

Speakers at the event last week said volatility statistics provided an incomplete picture of risk. 'Volatility is important as a measure, but both the maximum drawdown and loss are vital. Here you see various patterns developing in different asset classes,' said Michael Azlen, managing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here