Asset Liability Modelling and Risk Management

ALM Analysis is like an MRI scan. It tells clients exactly what position their fund is in right now, by identifying the risks and where they stem from, so they can make better informed and more effective decisions.

Redington's ALM team starts from a fund's actuarial cash flow projections and current asset portfolio, using multiple in-house systems to build a clear picture of the fund's position, identifying each area's contribution to overall risk as well as vulnerabilities and strengths. Redington clients then receive advice from their consultant on how a risk budget could be used more effectively.

Phil Rose heads up the quantitative side of the team as CIO in Redington. Philip previously spent several years in the investment banking industry as a leading structurer in the capital markets. Dan Mikulskis and Steven Yang-Yu manage the ALM team between them and work closely with the consultants. Dan is a qualified actuary who has held multiple quantitative modelling and trading roles within investment banks, most recently at Deutsche Bank, where he dealt with both the construction and use of risk models. Steven was voted one of the Top 30 under 30 actuarial professionals by The Actuary magazine, and has overseen the development of - and used - all the firm's risk models since the very start of Redington, giving him excellent insight into how to use them effectively.

 

ALM Team Bios >

Case Studies of Recent Work >

 

Related Reading

BLOG Live Long and Prosper: How DB Schemes Can Manage Longevity Risk

BLOG Inflation Risk - Mind the Cap and Floor 

BLOG Insurance Valuations: Why Assumptions Matter as Much as Results

PUBLICATION RedViews 

PUBLICATION Asset Class

PUBLICATION Outline

PRESENTATION Pensions Risk to the Corporate Sponsor

PRESENTATION 21st Century LDI

 

Providing confidence to our clients, Global Pensions named Redington ALM Provider of the Year 2012, and Risk Management Firm of the Year 2012 and 2013.