TY - JOUR T1 - Derivatives and Risk Management JF - The Journal of Portfolio Management SP - 16 LP - 27 DO - 10.3905/jpm.1999.319702 VL - 25 IS - 5 AU - Bruce M. Collins AU - Frank J. Fabozzi Y1 - 1999/08/31 UR - https://pm-research.com/content/25/5/16.abstract N2 - A process for using derivatives to manage risk should be integrated into an investor's investment management strategy. The authors discuss the changing risk environment, which has given rise to a more strategic focus on risk management. They examine the role of derivatives in risk management and demonstrate how various instruments can be applied to specific types of identifiable risk. ER -