The Global Risks Alliance (GRA)
Topics at Asset Management Nexus: the pages in this section are listed below, each with its own scope and status.
The Asset Management Nexus topics are the nine subject dossiers of its field, among them portfolio concentration, long-horizon risk, and stewardship and governance. Each dossier sets out how the risk develops, what is measured and in which units, the public sources and their licences, the methods, who decides and the limits of the evidence.
GRA is a nonprofit business league for the financial services industry. It does not lend, underwrite, rate, invest, advise on or arrange transactions, and readiness work is not approval.
Topic pages in Asset Management Nexus share one structure: mechanisms, indicators, sources, methods, decisions and limits, written for portfolio managers and analysts and stewardship and engagement teams.
Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.
| Term | Definition |
|---|---|
| Active share | The share of a portfolio's holdings that differs from its benchmark index. |
| Climate value at risk | A scenario-based estimate of the change in a portfolio's value from climate policy and physical risks. |
| Proxy voting | Voting at company meetings on behalf of shareholders, often by fund managers. |
| PCAF data quality score | A score from one to five showing how far financed emissions rest on reported rather than estimated data. |
| Swing pricing | Adjusting a fund's price on days of large net flows so redeeming or subscribing investors bear trading costs. |
The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.
Common exposures and diversification.
TopicClimate, demographic and technology shifts.
TopicOwnership influence and accountability.
TopicComparability and source limits.
TopicLiquidity mismatches and financial stability.
TopicPhysical and operational exposure.
TopicBusiness models and technology transitions.
TopicResponsible research versus advice.
TopicTransitions, stewardship and limits of climate-finance claims.
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