Risk management is an essential constituent of APK Vorsorgekasse AG’s comprehensive investment concept. It is conducted pursuant to Section 30, BMSVG (Corporate Staff and Self-Employment Act), preserving all interests of prospective beneficiaries and paying special attention to the security, profitability, liquidity and diversification of assets. The Risk Management Team constantly monitors compliance with both statutory investment regulations and the investment directives approved by the board.
Risk Management is a central and organisationally independent unit within APK Vorsorgekasse AG, reporting to the board direct.
The remit of Risk Management comprises coordination, standardisation, implementation and continuous monitoring of the risk management process. This process encompasses risk policies, risk analyses, risk assessment, risk management, as well as risk monitoring, risk documentation and risk communication. In its choice of risk management methods, it is guided by state-of-the art technology and science.
APK Vorsorgekasse AG’s Risk Management endeavours to identify any investment risks at the earliest possible moment, to quantify and to manage them. The list of potential risks comprises:
- market risks
- interest risks
- credit risks, including country and issuer-related risks
- currency risks
- liquidity risks
- operational and technological risks
- risk concentrations
Timely identification, prevention or rectification of potential procedural risks, both operational and technological, are among the core tasks of APK Vorsorgekasse AG’s Risk Management, together with systematic and structured monitoring of all external risks.