Arbor City Community Foundation (ACCF) was average fund is created in the state of Illinois in the late 1970s, thanks to the hard work of several local families. ACCF vision was to be a comprehensive center of philanthropy in the Greater City, MI. ACCF was balance (known collectively as the "Fund"), a little less than 240 million dollars. ACCF Board of Trustees appointed a committee to monitor the investment decisions relating to the assets of the Fund. Investment Committee under the leadership of the Board, has been active risk management policy of the fund. Commission members were mainly associated with the volatility of portfolio returns and distribution. They referred to the value at risk (VaR) methodology, the measurement of risk, both short-and medium-term loss. In his report to the investment committee, the risk ACCF analyst team recommended daily VaR at 95% confidence as a measure of short-term risk, and reported to the appropriate number. Now the task of the investment committee to interpret the figures. The case of executive leadership issues students for critical evaluation as reported VaR figures as well as the magnitude of the methodology. "Hide
Karl Schmedders, Russell Walker, Michael Stritch Source: Kellogg School Management 3 pages. Publication Date: November 1, 2011. Prod. #: KEL588-PDF-ENG