A tale of two worlds: performance and risk

Performance and risk offer two complementary views of investment management. It’s time to swap some DNA


Damian Handzy is global head of risk at StatPro, a London-based cloud provider of performance and risk analytics for the investment management industry.

A single consistent theme emerges when traditional long-only managers and alternative managers meet: performance measurement and risk management are tightly intertwined.

Traditional managers view both performance and risk as relative measures to a specified benchmark. They are more sophisticated in their analysis of performance and less so about