Over 80% of hedge funds believe risk management will become more central to raising assets in 2013, according to a survey by Prmia and SunGard APT.
While the percentage is virtually unchanged from 2012, it does show a long-term trend for risk management to be viewed not just as a cost centre but as an essential function.
One chief risk officer (CRO) of a US hedge fund commented in the survey: "[Risk management] is viewed by the board as a cost centre. From my perspective as CRO, I measure my suc
The week on Risk.net, July 14–20, 2017Receive this by email