Strategic Operating Guidelines
Portfolio Management and Strategies Play Book
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Bob’s Musings #4 Portfolio: a three-month review, strategic operating guidelines, programs, and strategy.
Question #1: Status of the portfolio and change over three months
Pages
1 Safety:
3 Liquidity:
3 Yield:
3 Market performance
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Question #2: Where do we want the portfolio to be in three months?
4 Observations
4 Major concerns
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Question #3: How do we get there? What is the implementation strategy, and what assets and programs are available to achieve the objective?
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7 AFS – Risk Management Strategy
8 Objectives – 2008 Q4
8 Strategic Operating Guidelines: Proposed Portfolio Risk Profiles
9 Strategic Operating Guidelines: Optimal WAM for an AFS Portfolio
9 Strategic Operating Guidelines: Portfolio optimization tools
10 Strategic Operating Guidelines: investment programs
10 Liquidity Insurance Program
10 Liquidity – TriParty Repo
10 US Treasury Bill Liquidity Portfolio
10 Asset swaps
10 Securities Lending
10 Reverse Repos
11 Strategic Operating Guidelines: Tools Needed
12 Proposed Strategy
Appendices: Risk Management
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Proposed Portfolio Risk Profiles – Bull, Neutral and Bear Markets
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Concerns about Concentration, Credit and Liquidity Risk
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Mortgage-Market Trouble Reaches Big Credit Unions, Wall Street Journal
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Risk Management Decision: the sale of toxic AFS securities
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Optimal WAM for an AFS Portfolio
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Managing Exposure to TCU Funds
Investment Programs – more than 10 bps!
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Liquidity Insurance Program
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US Treasury Liquidity Portfolio
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Diversification of Overnight Investments – use of TriParty Repo
Reference
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BMusings #2 – Portfolio objectives, perspectives, options and proposed immediate strategy
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BMusings #3 – Observations about Portfolio Performance,
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Broker/Dealer Management
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https://www.linkedin.com/today/author/bobbuyers
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