At the heart of capital optimisation

摘要

During the past decade, portfolio management units have been at the forefront of the scene in providing solutions to revive the stagnating debate about value creation and the risk/return trade-off. From a few desks in the basement where modellers struggled to price risk into capital decisions, portfolio management units (PMUs) have quickly progressed to the top floors of organisations, becoming the main reference point for ensuring capital optimisation by increasing velocity and reducing risk concentration.