Barrie & Hibbert launches new Pension Fund Risk Model
Last updated 6th April 2009 - Barrie & Hibbert, a global leader in financial market risk modelling, today announces the launch of a new product.
Barrie & Hibbert, a global leader in financial market risk modelling, today announces the launch of a new product which gives asset managers, corporate sponsors, independent trustees and consultants access to a tool to help them measure and manage the risks facing defined benefit pension funds.
DB pension funds face significant challenges due to factors such as volatile asset returns, low bond yields, the exposure to alternative asset classes and longevity improving faster than expected.
The sometimes conflicting demands of stakeholders such as sponsors, trustees and members mean that a more sophisticated and holistic approach to risk management is required.
The new Pension Fund Risk Model from Barrie & Hibbert is a fully integrated stochastic asset-liability model allowing clients to understand and test the impact of risk management strategies, within a consistent multi-asset, multi-economy framework.
Andy Frepp, Corporate Development Director of Barrie & Hibbert, says “The new model will particularly help clients to assess the impact of different investment or hedging strategies on the overall risks of the pension fund.
It will also give corporate sponsors the ability to incorporate the pension fund within their overall corporate risk management.”
