4 [20 Marks] It is on Friday and the investment manager calls you to his office once more, to appreciate all your great work in the department. The manager specifically mentions that the Board of appreciated all the valuable insight that you have provided to date. They however would wish to know more about steps that they can take to minimize some of the impact from the risks you mentioned above so that their premiums can be reduced. Required: Prepare a detailed write up that clearly explains the strategies employed by companies in response to risks