Popular Tags
Useful Lessons for Assessing Risk in GFOA Government Finance Review article, “Stress Testing Your Reserves with Advanced Analytical Techniques”
Thursday, September 10, 2020 in Articles
Investment management is a specialized form of risk management. In an article originally published in GFOA’s Government Finance Review, June 2019, “Stress Testing Your Reserves with Advanced Analytical Techniques,” Shayne Kavanagh considers risk and quantifying risk as the basis for developing reserve policies. Basically, the way to decide the appropriate level of financial reserves for a local government is to better understand its risks. The same reasoning holds for structuring an investment portfolio.
To read the article, click here.
GFOA Best Practice, Investment Program for Public Funds
Back to All News
Recent News
Click on the link below to read the latest IMET Monthly Newsletter:
IMET November 2024 Monthly Newsletter
Read moreA fun Halloween themed article discussing safety, liquidity, and yield within the current market and the future outlook. Beware the Haunted Markets: Local Government Investing in Spooky Times
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET October 2024 Monthly Newsletter
Read moreThis article discusses the important aspects of transparency and accountability in public funds management. The aspects discussed are the principles, structure, reporting, audits, as well as standards and requirements. Transparency and Accountability in Public Fund Management
Read more