TUTORIAL SESSION

Suvivor Derivatives

Dr. Paul Dawson
Kent State University, USA
pdawson1@kent.edu

Abstract

Objectives

Timeline

Tutorial Materials

Target Audience

Background Knowledge Expected of the Participants

Qualifications of the Instructor(s)

Paul Dawson was a London-based investment banker for eight years, with a broad range of roles. The award of his PhD for a thesis on exchange-traded equity options coincided with the collapse of Barings. This led to considerable demand for him to explain derivatives to practitioners. The following year, Paul left investment banking to join academia, first at Cass Business School in London and more recently at Kent State University in Ohio. Paul still maintains his links with the investment banking world and still runs training courses around the globe for practitioners at all levels.
Paul has published widely in both the practitioner and academic press. His current research is on the development, pricing, and hedging of survivor derivatives. These form the topic of his tutorial and he argues that they represent a much-needed risk management tool for the global pensions industry.

References

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