Mon, Jun 18, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Risk management (2) - regulation imposes requirements regardless of cost and benefit

Wednesday, February 13, 2013

amb
Ed Gouldstone
Benedicte Gravrand, Opalesque Geneva:

In this two-part article, experts in risk management practice or solution discuss the current status quo of risk management within the hedge fund industry. (Part 1 is here.)

In this article, we examine the implications of the ongoing regulatory demands, real time data as a risk management solution, operational risk, and whether more risk management demands will stifle the hedge fund industry � or on the contrary, create opportunities.

Regulatory concerns and costs

Giuseppe Ballocchi, a Geneva-based financier and an expert in risk management practice, believes that in light of the regulatory developments, more time and money will be spent on risk management.

"Headcounts have, to my knowledge, gone up dramatically in the last five, six, seven years in terms of risk control and also compliance," he said. "There will be more and more expenditure, and all of that is not necessarily good, because in the end it creates cost. As for every activity, there needs to be a cost benefit analysis, but regulation seems to be imposing requirements regardless of cost and benefit."

Service providers are seeing a growth in the number of clients asking for tools and services for risk and compliance, Ed Gouldston......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. North America - George Soros: 'Everything that could go wrong has gone wrong'[more]

    From Marketwatch.com: George Soros, tell us how you really feel. 'Everything that could go wrong has gone wrong. [Trump] is willing to destroy the world.' The 87-year-old billionaire clearly isn't shy about expressing his generally liberal views and distaste for Trump's "America First" platform,

  2. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  3. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  4. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  5. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv