RT Journal Article SR Electronic T1 Managing Exposures in Discontinuous Markets JF The Journal of Investing FD Institutional Investor Journals SP 116 OP 120 DO 10.3905/joi.2010.19.2.116 VO 19 IS 2 A1 John Moore A1 Aran Murphy YR 2010 UL https://pm-research.com/content/19/2/116.abstract 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