The technical definition of tail risk is an investment which moves more than three standard deviations from the mean of a normal distribution of returns

Investment Strategy

Instos worried by tail risk

A majority of global institutional investors believes the world economy will be hit by a significant tail-risk event in the next 12 months, and list Europe and China as the likely sources. A survey of 310 institutional investors in Western Europe and the US, commissioned by State Street Global Advisors and conducted by the Economist […]