Limits on far VAR

Hedge Fund Perspective


The strengths and weaknesses of value-at-risk have been examined in detail, but mostly in the context of sell-side uses. However, hedge funds, both large and small, are increasingly adopting VAR for risk measurement. It may be less useful - in some respects - when applied in this new context.

It is generally agreed that VAR is not a comprehensive measure of risk, so the increasing adoption of VAR models by the buy side is interesting. This is perhaps partly a response to the clamour

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a 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: