risk management
The closure of the six Franklin Templeton (FT) schemes last year is, at its core, a failure of risk management, as amply illustrated in the Securities and Exchange Board of India’s (SEBI) recent order. But were these deficiencies specific to one firm, or can we take broader lessons for the Indian fund industry?
Ethically minded employees, or whistleblowers, are an important force for positive change that flag minor issues before they can become major problems.
At the European Investment Conference, Jochen Felsenheimer of XAIA Investments explained that high yield was no place for long-only buy and hold investors. But is any investment safe from financial Armageddon?
The asset management industry is “facing disruption from every point on the compass,” says Anne Richards of Aberdeen Asset Management. But there is an opportunity for the sector to mitigate these difficulties.
Selections from CFA Institute Conference Proceedings for investment professionals ready to challenge their investment processes, practices, and mindsets.
Joachim Klement, chief investment officer at Wellershoff & Partners Ltd., believes individual experiences affect risk preferences and argues that investors need to recognise and account for this in portfolio management.
Jan Straatman, global CIO of Lombard Odier, believes that risk management at the portfolio level has been negligent, and a different approach with a new sense of urgency is needed to build more effective solutions.
Nobel Laureate Robert C. Merton, who will be speaking at the Fifth Annual CFA Institute European Investment Conference in Prague, sees a need for quantitative risk analysis in the future of finance.