Popular Tags
Useful Lessons for Assessing Risk in GFOA Government Finance Review article, “Stress Testing Your Reserves with Advanced Analytical Techniques”
Thursday, September 10, 2020 in Articles
Investment management is a specialized form of risk management. In an article originally published in GFOA’s Government Finance Review, June 2019, “Stress Testing Your Reserves with Advanced Analytical Techniques,” Shayne Kavanagh considers risk and quantifying risk as the basis for developing reserve policies. Basically, the way to decide the appropriate level of financial reserves for a local government is to better understand its risks. The same reasoning holds for structuring an investment portfolio.
To read the article, click here.
GFOA Best Practice, Investment Program for Public Funds
Back to All News
Recent News
Click on the link below to read the latest IMET Monthly Newsletter:
IMET April 2025 Monthly Newsletter
Read moreThe article discusses recent U.S. tariffs on imports from China, Canada, and Mexico, and how these trade measures may impact local governments by affecting investment returns, project budgeting, and procurement strategies due to rising costs.
Tariffs, the Federal Reserve, and What It Means for Local Governments
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET March 2025 Monthly Newsletter
Read moreThis article explores the Federal Reserve's evolving expectations for 2025.
The Fed's Tune Has Changed...Somewhat
Read more