Saturday, 20 September 2014
Last updated 17 hours ago
Apr 2 2009 | 12:30pm ET
The majority of British asset managers and hedge funds say that risk management requirements have changed as a result of recent market volatility, according to a new survey.
Research conducted by Sophis, a provider of risk and portfolio management solutions, has 73% believing it is essential to have an integrated view of risk that includes derivatives. Three-quarters will increase the volume of stress tests and VAR reports that they carry out and 65% will improve pricing and data models.
”The buy-side recognizes that it needs the same robust systems and processes as the sell-side, regardless of whether new regulation is introduced or not,” said Sebastien Roussotte, chief operating offering. “Institutional and retail investors alike need to have confidence that their investments are being well-managed. Asset managers and hedge funds will increasingly be asked for transparency and regular reporting not only about performance of their funds but also about the risks that are being taken.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.