Book & podcast collection

Strategic Risk Management: Designing Portfolios and Managing Risk

bySandy Rattray

Investment manager Sandy Rattray explains risk management as a portfolio-design discipline rather than a prediction exercise. He examines diversification, volatility, correlation, leverage, liquidity, drawdowns, tail risk, and the ways relationships among assets change during stress. The book connects quantitative tools with the practical constraints faced by institutions and individual investors, emphasizing that risk cannot be reduced to a single number. Rattray shows how clear objectives, scenario analysis, position sizing, and robust construction can make portfolios more resilient. The goal is not to avoid uncertainty, but to survive it without abandoning a long-term strategy.

Publisher

Wiley & Sons, Incorporated, John

Publication date

2021

Format

Print edition

Pages

256

ISBN

9781119773917