Managing derivatives risk in the portfolio is a demanding task at the best of times. But as global regulators make inroads to drive transparency in OTC markets, managers find themselves having to file detailed risk positions under CFTC regulations in
By Chris Kundro, Wells Fargo Global Fund Services – There are many professionals, both internal and external to a fund manager, who play an important role in controlling a fund's operational infrastructure and mitigating a fund's operational risk. COOs, CFOs,
Operational Due Diligence (ODD) has become increasingly important across the alternative investment industry and more resources and attention are being placed on this function. This was one of the main findings from a session on ODD at the recent Global
One aspect to operational risk, which can have a meaningful impact on performance, not to mention the integrity of the manager, is valuations. According to Deutsche Bank's Global Prime Finance group's third annual Operational Due Diligence Survey, asset valuation is
The risks in metals trading are different from those in the financial markets, and if European Union (EU) regulation is not tailored accordingly, we could see irreparable damage to the wider industry. That’s according to a new white paper released
The Depository Trust & Clearing Corporation (DTCC) has released a white paper today exploring the role of interconnectedness in the transmission of risk and offering practical guidelines for risk management professionals. Interconnectedness, or the relationship among economic agents that are
Eighteen was the number. Not of attendees at this year's Hedgeweek US Fund Awards event in New York, but rather the number of basis points that the average global hedge fund had generated for the year (through August). The point
By Marianne Scordel – For the third year running, Bougeville Consulting has been asked by Hedgeweek to look at the US hedge fund landscape, particularly as it relates to its European counterpart. At a time when the global financial markets
The Alternative Investment Management Association (AIMA) has set out a number of steps that hedge fund firms and other asset managers should take in building up their cyber security defences. The newly-published AIMA Guide Guide to Sound Practices for Cyber
Nomura Research Institute is to examine the feasibility of implementing blockchain, the distributed ledger technology supporting cryptocurrency exchange, and other new technologies in the securities industry. The study will be conducted in collaboration with Nomura Securities as well as other
