A Practical Guide to Risk Management PoorSatisfactoryGoodVery GoodExcellent Average: 4.4 (5 ratings) Log in to rate this article. Research Foundation Publications July 2011 | Vol. 2011 | No. 3 | 212 pages Source: CFA InstituteThomas S. Coleman Read Abstract Managing risk is at the core of managing any financial organization. Risk measurement and quantitative tools are critical aids for supporting risk management, but quantitative tools alone are no substitute for judgment, wisdom, and knowledge. Managers within a financial organization must be, before anything else, risk managers in the true sense of managing the risks that the firm faces. View more information Topics Quantitative Methods : Basic Statistical and Probability Concepts · Probability Distributions | Risk Management : Firmwide Risk Management · Portfolio Risk Management Credits · About the CE Program 5 CE (including 0 SER) Record credits Credits recorded Members, log in to record your credits. Manage CE Credits People who viewed this page also viewed: Correlation, Return Gaps, and the Benefits of Diversification This paper suggests that correlation is not the best indicator for diversification in that the benefits of diversification depend on not ... More Top Hedge Fund Investors: Stories, Strategies, and Advice This book chronicles top hedge fund investors that played key roles in the industry, including substantial information on manager sourcing, ... More UCITS IV: The Path to Greater Efficiency This paper proposes strategies for capitalizing on the opportunities that may come from UCITS IV, which could potentially create economies ... More Loading ...