Value at Risk: Morgan Stanley

Code : INB0011

Year :
2011

Industry : -

Region : US

Teaching Note:Not Available

Structured Assignment :Not Available

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Introduction:In 1994 J.P. Morgan decided to provide direct access to its RiskMetrics database to all the market participants, paving way for the enormous promotion of Value at Risk (VaR) which has turned into an imperative tool to measure risks.

Infamous derivatives mismanagement such as Orange County, Barings, Metallgesellschaft, Procter and Gamble, Kidder Peadoby, etc., have forced managers to use VaR in their organizations to understand risk better and prevent any loss of shareholders wealth.

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