The hedge fund industry is at an inflection point. A lack of transparency is regularly cited as the primary reason for hedge fund failures, closures and financial losses, but it is the strength of the underlying operational processes that can provide additional insight into the sector's longevity.
Hedge fund managers must begin to give prominence to processes which mitigate operational risk while continuing their search for alpha. This does not mean breaking their code of secrecy, but rather
The week on Risk.net, July 14–20, 2017Receive this by email