Chief risk officers working for alternative investment firms (including hedge funds and fund of funds) are significantly ahead of their counterparts at traditional asset management firms and insurance companies in terms of total compensation, and market risk professionals across the entire asset management spectrum are outearning their colleagues in enterprise, ... click here for more details.

How has finance education evolved? How are graduates of quantitative finance programs and general master’s in finance programs valued in comparison to MBAs? And how actively are risk hiring managers seeking quantitative talent? Pablo Triana seeks answers to the education puzzle in a wide-ranging Q&A with a quintet of elite ... click here for more details.

Master’s degree programs in general finance and quantitative finance have grown dramatically over the past 15 years, and graduates of these programs are now competing for some of the most prestigious managerial and technical finance jobs. Pablo Triana details the rise of quant finance and general finance master’s programs and ... click here for more details.

How did the subprime mortgage crisis begin? What factors caused this market to spiral out of control? What lessons has this collapse taught us, and what risk management strategies should we implement to prevent future incidents? Dr. Chris Marrison answers these questions and offers a subprime resolution.

Can the recent meltdown of credit markets be traced to the growth of structured credit products? Danish Siddiqui examines the risks of these complex products, explores their evolution andexplains the role they have played in contemporary credit collapses, including the subprime crash.

Why do financial crises seem to spread from losses in one market to apparently unrelated markets? This question has been around for 200 years and the answers are deeper and more complex than too many greedy “me-too” speculators piling into the same trades. Aaron Brown explains why understanding financial contagion ... click here for more details.

Editors Letter

Risk managers working in financial institutions in China must try to overcome significant political, economic and cultural barriers. Christopher Whalen offers his views on the huge challenges facing these risk managers and the role of the Chinese government in the evolution of finance and risk management.