PPF 7800 Index funding level increases 15% in 2013

Reading Time: 2 minutes The December update of the PPF’s 7800 index of pension fund assets and liabilities revealed a sharp increase in funded position for schemes in aggregate over the course of 2013, from a funding level of 83% at the end of 2012, to 98% at the end of 2013. These levels compare to the low point of … More PPF 7800 Index funding level increases 15% in 2013

Most Read in 2013

Reading Time: 2 minutes Last year I made a resolution to start a blog on things that interested me, now that blog is  nearly a year old, I’m really happy (and amazed) to report the stats from the last 12 months – over 4,000 unique page views from 30 separate entries, with 8 entries receiving over 100 views. The blog … More Most Read in 2013

Volatility Control : a story of two measures of volatility

Reading Time: 4 minutes There are many measures of the volatility of an investment asset, and none are completely satisfactory. And that leaves aside the fact that volatility in itself, as the second moment of a distribution is not necessarily the best way of capturing the variations in a distribution with heavy tails. However, measuring volatility is necessary for … More Volatility Control : a story of two measures of volatility