PT  - JOURNAL ARTICLE
AU  - John Moore
AU  - Aran Murphy
TI  - Managing Exposures in Discontinuous Markets
AID  - 10.3905/joi.2010.19.2.116
DP  - 2010 May 31
TA  - The Journal of Investing
PG  - 116--120
VI  - 19
IP  - 2
4099  - https://pm-research.com/content/19/2/116.short
4100  - https://pm-research.com/content/19/2/116.full
AB  - Pension funds moving from one manager or mandate to another face market risk exposure during the transition. The risks increase when moving across time zones and borders. As one market closes and time elapses before the opening of the next, investors are exposed to risks with inadequate payoffs. Adept exposure management can significantly reduce these market risks.TOPICS: Risk management, portfolio construction, exchanges/markets/clearinghouses