AXA Rosenberg: Daily Data Proves Crucial in Risk Monitoring

Michael Markov and Kushal Kshirsagar With AXA Rosenberg’s recent admission of a 2009 coding error in its portfolio risk management programs during a year in which the firm’s equity mutual funds lagged their benchmarks by a large margin, the investment community must reflect on how we monitor investments. Specifically, investors (and their advisers) must ask […]

May 14, 2010

Michael Markov and Kushal Kshirsagar

With AXA Rosenberg’s recent admission of a 2009 coding error in its portfolio risk management programs during a year in which the firm’s equity mutual funds lagged their benchmarks by a large margin, the investment community must reflect on how we monitor investments. Specifically, investors (and their advisers) must ask if we have the right tools and protocols to identify unusual risk and performance patterns in a timely manner.

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