Thu, Dec 8, 2016
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released